GLASTONBURY, Conn. — Open Solutions Inc. and Hypercom Corp. have announced that HBNet Inc., a Hypercom subsidiary, will provide transaction-transport services for Open Solutions Canada, which operates one of Canada's largest off-premise ATM and point-of-sale networks.
Open Solutions, Open Solutions Canada's parent, provides integrated enabling technologies for financial-service providers across the United States, Canada and other parts of the world.
"HBNet brings us the exact specifications we need in terms of stability and security that would be impossible to replicate internally," said Rob Palin, general manager of the Payment Solutions Group at Open Solutions Canada.
The use of HBNet is expected to enhance Open Solutions Canada's ability to smoothly and securely process millions of ATM and POS transactions each month to financial institutions.
Hypercom's HBNet network speeds the authorization and processing of electronic transactions for retail point-of-sale, financial, government, healthcare and other customers in both the dial-up and Internet-protocol POS markets.
