San Francisco Giants Team up with Visa Contactless to Give Baseball Fans More Time to See the Game

San Francisco Giants Team up with Visa Contactless to Give Baseball Fans More Time to See the Game

AT&T Park Installs Contactless Readers From Hypercom; Lets Fans Pay Faster with the Same Security and Protections They’ve Come to Expect from Visa

SAN FRANCISCO, Feb. 16, 2006–The San Francisco Giants and Visa, a proud Giants sponsor since 1997, are making it easier for baseball fans to speed through concession lines at AT&T Park, now that it’s equipped to accept Visa Contactless payment cards via 100 special terminals being installed by Hypercom Corporation (NYSE: HYC).

Thanks to this latest technology, fans can use Visa Contactless cards to purchase food, beverages and merchandise throughout the park quickly and conveniently.

Visa Contactless technology speeds up transactions by letting cardholders simply hold their Visa cards a very short distance from special payment terminals identified by the contactless payment symbol. The card transmits payment information directly to the terminal wirelessly, and then the transaction is processed by the same secure, reliable network as all other Visa transactions. Cardholders never need to hand over their cards to a cashier.

For purchases of less than $25, Visa Contactless cardholders are not required to provide a signature, making it even faster to pay for refreshments at the game.

In Visa trials, contactless payment card transactions proved an average of 25 percent faster than using cash. And the less time fans spend in line, the more time they can spend enjoying the game.

“It is our top priority to create the best possible experience for our fans when they are at the ballpark,” said Larry Baer, Giants executive vice president and chief operating officer. “We believe that with Visa’s new Contactless technology, the fan experience at our games in 2006 will further be enhanced by faster-moving concession stand lines. We are pleased to be partners with Visa, and to offer the latest in payments technology at AT&T Park.”

Visa Contactless technology has been growing in popularity. To date, there are 4 million cards issued worldwide and 20,000 accepting merchant locations in the United States. It is particularly useful in places where speed is important to customers and where cash has been the traditional means of payment. Besides sporting venues, the technology is well-suited for convenience stores–7-Eleven has equipped all its U.S. stores with the technology–and for quick-service restaurants, gas stations, movie theaters, taxi and mass transit fares.

“Visa Contactless is another example of a Visa innovation that gives consumers more places and ways to use their Visa cards,” said Niki Manby, vice president of market and technology innovation of Visa. “We are excited to partner with the Giants to bring the speed and convenience of Visa Contactless to Giants fans and the San Francisco Bay Area.”

Visa is working with the Giants and global payment solutions technology leader Hypercom to install 100 Optimum L4100 integrated contactless payment terminals throughout AT&T Park. The installation is another technology innovation at AT&T Park, which last season became one of the first baseball parks to offer wireless Internet access at every seat.

“We’re pleased to be working with Visa and the Giants to provide the hardware that will give fans more time to watch the game,” said O.B. Rawls IV, senior vice president, North America Sales, Hypercom Corporation.

°Visa has been a Proud Sponsor of the Giants since 1997, and is one of the original Winner’s Circle Sponsors, a distinct group of sponsors that enabled the Giants to privately finance and build the ballpark in 2000.

About Visa USA

Visa USA is the nation’s leading payment brand and largest payment system, enabling banks to provide their consumers and business customers with a wide variety of payment alternatives tailored to meet their evolving needs. Visa USA is committed to increasing the choice, convenience, acceptance and security of Visa payments for all stakeholders in the payment system – members, cardholders and merchants. Through its 13,420 member financial institutions, more than 488 million Visa-branded cards have been issued to cardholders in the United States. Last year, U.S.-based financial institutions relied on Visa’s processing system, VisaNet, to facilitate $1.3 trillion in transactions with unparalleled reliability.

Worldwide, cardholders in more than 150 countries carry more than 1 billion Visa-branded cards, accounting for more than $3 trillion in annual transaction volume.

Visa offers a trusted, reliable and convenient way to access and mobilize financial resources – anytime, anywhere, anyway.

About the San Francisco Giants

The San Francisco Giants of the National League is one of the oldest franchises in Major League Baseball. Boasting a 123-year history, the team moved to San Francisco from New York in 1958 playing a total of 42 years in Seals Stadium and Candlestick Park before moving into their current home at AT&T Park in 2000.

Since opening its gates in 2000, AT&T Park has become internationally renowned as a premier venue in the world of both sports and entertainment. On the diamond, the National League-high of 19.2 million spectators have witnessed a trio of playoff appearances, the 2002 World Series and a bevy of magical moments. Barry Bonds has established his own historical stage on the shores of McCovey Cove, from his record-setting 71st home run in 2001 to career clouts number 500, 600, 660 and 700. Likewise, the euphoria that surrounded the Giants’ pennant clinching win in 2002 is forever etched upon the San Francisco sports landscape. AT&T Park has also played host to some of music’s biggest acts, including the Rolling Stones, Bruce Springsteen and the E-Street Band and Green Day. AT&T Park will be the center of the baseball universe in 2007 when it hosts the 78th Major League Baseball All-Star Game.

Off the field, the Giants boast one of the premier community outreach programs in professional sports becoming the first team to implement a 100 percent participation program, involving every player, coach and uniformed staff member in at least one community project throughout the season. Through its community outreach programs, the Giants work with corporate and non-profit partners to raise awareness, educate and generate interest in a variety of issues important to both their fans and community.

About Hypercom

Global payment technology leader Hypercom Corporation (NYSE: HYC) delivers a full suite of high security, end-to-end electronic payment products and services. The company’s solutions address the high security electronic transaction needs of banks and other financial institutions, processors, large scale retailers, smaller merchants, quick service restaurants, and users in the transportation, healthcare, prepaid, unattended and many other markets. Hypercom solutions enable businesses in more than 100 countries to securely expand their revenues and profits.

For more information, press only

Elvira Swanson, Visa USA, (650) 432.8352 or elswanso@visa.com
Pete Schuddekopf, Hypercom Corporation, (602) 504.5383 or pschuddekopf@hypercom.com
Shana Daum, San Francisco Giants, (415) 972-2496 or sdaum@sfgiants.com

Hypercom is a registered trademark of Hypercom Corporation. Optimum and Design is a trademark of Hypercom Corporation.

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