This order follows the more than 4,000 units order for the same terminals delivered early in 2007, and increases the total number of GSM/GPRS Hypercom Optimum terminals purchased by PrivatBank to 15,000, as it extends electronic payments to retailers throughout the Ukraine.
The Hypercom electronic card payment terminals were supplied by Servus Systems Integration (SSI), the distributor of Hypercom products in Ukraine. PrivatBank selected SSI because of the high level of technical support, consultancy and training services that they can offer the banking network.
This latest commitment from PrivatBank further strengthens our already significant position in the Ukraine, giving us an even better opportunity to maintain market-leading share as the adoption of electronic payments throughout this important region continues to rise, said Kazem Aminaee, managing director of Hypercom EMEA.
The continued expansion of our POS network is directly in line with the bank’s strategy of providing the highest quality products and services to our clients, said Yuriy Kandaurov, vice chairman of the board of directors of PrivatBank. Our goal is to provide maximum comfort and safe payments in a trading network for our clients, enabling consumers to quickly and easily pay for purchases with plastic cards in any Ukrainian city, regional center or village.
