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SCOTTSDALE, AZ May 24, 2012 –Equinox Payments, LLC, a leading payment terminal and secure applications provider, today announced an agreement with PayPal to enable consumers to pay with PayPal at large retailers using Equinox’s next-generation PCI 3.x Certified L5300 and L5200 consumer-facing payment terminals. PayPal users will benefit from the convenience of paying with PayPal at thousands of Equinox-equipped retail stores across the United States.
“Three of the top 10 U.S. retailers use Equinox terminals due in part to our ability to enable the latest technologies at checkout,” said Clint Jones, President of Equinox Payments. “Our partnership with PayPal will give Equinox customers—processors, independent sales organizations, acquirers and retailers—even more choice among value-added services that they choose to run on their Equinox terminals.“
“As PayPal continues to expand into the brick-and-mortar retail world, we are pleased to join forces with industry leaders such as Equinox. Together, we will bring national retailers innovative new payment experiences that are easy to install and use,” said Don Kingsborough, Vice President of Retail and Prepaid Products, PayPal. “The retailers’s customers also benefit from using PayPal in stores as they securely breeze through the checkout process paying with their payment cards or mobile phone numbers and PINs.”
Equinox has integrated the PayPal Card and Card Free payment solution into the code base platform for all L5300 terminals. Those retailers that have already deployed the L5300 can take advantage of the Equinox Remote Key Injection System to update their terminal software and activate the PayPal solutions. Unlike competitor products, Equinox’s industry-leading technology can securely update terminal software that requires new symmetric keys without the costly and time consuming headache of taking the terminal out of the checkout lane and shipping it to a secure key injection facility.
About Equinox Payments, LLC
Equinox Payments is a leading payment terminal manufacturer and related secure software provider headquartered in Scottsdale, Arizona. Formerly known as Hypercom USA, Equinox is a portfolio company of The Gores Group, LLC. Through its commercial offices in the United States, Latvia, Manila and Australia, and a service repair facility in Mexico, Equinox’s more than 225 employees deliver secure payment terminals, applications and services to hundreds of thousands of merchants.
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