Pay with the Touch of a Finger — BioPay Rolls Out Biometrics-based Payments with Hypercom Card Payment Terminals and Technology

Virginia and Maryland Retailers, Consumers Among First in US to Use BioPay's bCheck and Hypercom Scanning Technology

Phoenix, AZ — September 24, 2003

Thousands of consumers at retail outlets throughout suburban Washington, DC will be among the first in the US to have the option of paying for goods and services with a mere touch of a finger thanks to BioPay LLC's biometric payment service and global payment technology leader Hypercom Corporation's (NYSE: HYC) smart, fast and easy-to-use ICE^TM card payment terminals and BioPIN^TM finger-scanning pads. An initial roll out to nearly two dozen retail locations has just been completed.

With convenience, faster payments, security and identification verification as overriding business goals, BioPay and Hypercom have teamed up to bring to retailers smart, fast and industry-leading technology that can go a long way in lowering merchant payment costs and reducing check fraud and ID theft.

"There is an overwhelming demand by retailers to deploy technology that lowers payment costs, eliminates fraud and reduces write-offs," said Tim Robinson, president, BioPay. "Businesses need a comfort-level before completing a transaction. Simply put, they want to know they are going to get their money and not have to give up slim profit margins. That is what we are now offering and delivering to retailers with Hypercom."

Here's how it works. A customer presents a blank personal check to the participating merchant, along with their driver's license or other valid ID for scanning. The customer also enters an easy-to-recall 10-digit unique BioPay number (e.g. a telephone number). At the same time, the customer's two index fingers are scanned on the Hypercom® BioPIN finger pad and converted into an algorithmic number. In less than one minute, enrollment is complete. From that point forward, whenever the consumer wants to pay for a purchase at the participating retailer, they simply enter their BioPay number, place their index finger on the BioPIN biometric finger pad and payment is authorized from their checking account within ten seconds.

"This new technology is fast, easy and convenient for customers. And, it allows me to accept a secure, low cost form of payment which helps increase my bottom line. I like that. Biometric payments are a win-win for both our customers and my business," said Tom Webb, Franchise Owner, General Nutrition Center (GNC).

"This is all about bringing new levels of convenience, more payment options and choices and identification verification to merchants and consumers, and that is exactly what we are doing here with BioPay," said O.B. Rawls, IV, president, Hypercom North America.

Smart, Fast, Pace-Setting Technology = Building Profits for Merchants

Businesses worldwide recognize Hypercom as the global payment technology leader that delivers complete, revenue-generating terminal, network and server solutions that help customers increase their profits. Hypercom's smart, fast and easy-use card payment terminals, technology and value-added services deliver innovative and second-to-none performance, speed, reliability and security that help businesses stay ahead of the competition and grow their profits. The global payment technology leader's feature-rich Visual HyperWare® Developer's Toolkit, an open application development environment, and the ICE 5500Plus card payment terminal play a key role.

About Hypercom (www.hypercom.com)

Hypercom Corporation is a leading global provider of electronic payment solutions that add value at the point-of-sale for consumers, merchants and acquirers, and yield increased profitability for its customers. Hypercom's products include secure web-enabled information and transaction terminals that work seamlessly with its networking equipment and software applications for e-commerce, m-commerce, smart cards and traditional payment applications. Hypercom's widely-accepted Internet-enabled, consumer-activated and EMV-approved touch-screen ICE (Interactive Consumer Environment) information and transaction terminals enable acquirers and merchants to decrease costs, increase revenues and improve customer retention.

Headquartered in Phoenix, Arizona, Hypercom has shipped more than six million terminals in over 100 countries, which conduct over 10 billion transactions annually.

Hypercom and HyperWare are registered trademarks of Hypercom Corporation. ICE and BioPin are trademarks of Hypercom Corporation. All other products or services mentioned in this document are trademarks, service marks, registered trademarks or registered service marks of their respective owners. Certain matters discussed within this press release are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Although Hypercom management believes the expectations reflected in such forward-looking statements are based on reasonable assumptions, it can give no assurance that its expectations will be attained. Factors that could cause actual results to differ materially from expectations include industry, competitive and technological changes; risks associated with international operations and foreign currency fluctuations; the composition, timing and size of orders from and shipments to major customers; inventory obsolescence; market acceptance of new products and other risks detailed from time to time in Hypercom's SEC reports, including the company's most recent 10K and subsequent 10Qs.

About BioPay, LLC

Since 1999, BioPay has been providing smart, secure methods for processing financial transactions. Its Paycheck Secure systems help businesses substantially reduce fraud and give consumers a convenient method for cashing checks. BioPay's payment service offers merchants a low-cost form of customer payment and gives consumers a secure, fast and convenient way to pay for purchases. BioPay's patent-pending systems for merchants, banks and financial service organizations have been implemented across the nation. BioPay's value to consumers and merchants has created the nation's largest commercial electronic biometric database. For more information on BioPay and its market-leading products please visit www.biopay.com.