Hardware Technology
Hardware Technology (HARDTEC) is a Gilroy, California-based reseller and service provider of new, refurbished, and legacy banking equipment — check scanners, teller printers, encoders, and sorters — serving US banks, credit unions, and third-party service providers via direct phone sales and e-commerce.
- Company typePrivate
- Founded2001
- HeadquartersGilroy, United States
- Headcount1–10
- GTM typeB2B
- OfferingHardware or Manufacturing
What Hardware Technology does
Hardware Technology (HARDTEC) is a privately held, founder-operated reseller and service provider of banking and financial equipment, founded in 2001 and based in Gilroy, California with a 1-10 employee headcount. The company specializes in selling, refurbishing, repairing, and sourcing parts for teller printers, check scanners, check encoders, and high-volume check processing sorters across more than ten OEM brands including Burroughs, Canon, Digital Check, Epson, NCR, Panini, Unisys, Magtek, Craden, Addmaster, and Olivetti. Its core technical competency is maintaining inventory depth and refurbishment capability for legacy equipment lines — notably Burroughs/Unisys/NCR check processing sorters — that original manufacturers no longer broadly support.
HARDTEC operates a sales-led, B2B distribution model combining a direct toll-free phone sales channel (1-855-HARDTEC) with an e-commerce storefront accepting PayPal and major credit cards. Pricing spans approximately $150 for refurbished validation printers to roughly $20,000 for high-capacity sorters, with most units refurbished and backed by a 90-day warranty; new-in-box units typically carry a one-year warranty. Revenue streams include equipment sales (new and refurbished), parts sales, repair and advance exchange services, and a trade-in/sell-back program. The company offers Net 30 payment terms and over-the-phone account opening for banks and financial institutions, and provides same-business-day emergency shipping on most products.
The customer base is anchored in US commercial banks and credit unions, supplemented by third-party service organizations that maintain financial equipment on behalf of institutions. The company maintains at least opportunistic international reach via an outside-USA direct phone line. No external investment, M&A activity, or public-market exposure is evidenced; the business appears to be independently and sustainably run as a specialty niche operator in a structurally declining but still cash-generative vertical.
Hardware Technology firmographics
Firmographics- Name
- Hardware Technology
- Legal name
- HARDTec
- Website
- https://hardtec.com
- Company type
- Private
- Founded year
- 2001
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Hardware Technology (HARDTEC) is a Gilroy, California-based reseller and service provider of new, refurbished, and legacy banking equipment — check scanners, teller printers, encoders, and sorters — serving US banks, credit unions, and third-party service providers via direct phone sales and e-commerce.
- Ownership category
- akta.pro rank
Hardware Technology industry classification
Industry- Product category
- Banking Equipment Resale and Service
- SIC
- Wholesale-Hardware (5072)
- akta.pro primary industry
- Data Recovery, Device Unlocking & Software Repair Services (CRACAJAJ)
Keywords
Where Hardware Technology is headquartered
LocationHeadquarters
- HQ city
- Gilroy
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Hardware Technology business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Operations, Personnel, Marketing or Sales, Infrastructure
Revenue model
- Equipment Sales (New and Refurbished): One-time sales of new and refurbished banking equipment including printers, check scanners, check encoders, and sorters. Both new-in-box and fully refurbished units offered, with a 90-day warranty on all products.
- Repair and Exchange Services: Provides repair services and advance exchange programs for most products. Emergency repair orders can be shipped same business day. Service offered on financial printers, encoders, and scanners.
- Parts Sales: Sells spare parts for Burroughs/Unisys/NCR check processing sorters and other financial equipment. Parts are backed by a 90-day warranty.
- Trade-In and Sell-Back: Purchases used equipment and offers trade-in credits toward newer or more advanced machines, enabling equipment refresh cycles for customers.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Pay-as-you-go | Refurbished financial equipment with 90-day warranty |
| Unit Pricing | Pay-as-you-go | New-in-box equipment with one-year warranty |
Go-to-market motion3 records
Distribution channels2 records
Marketing channels3 records
Hardware Technology product offering
Product offeringCore offering
Hardware Technology (HARDTEC) is a multi-brand reseller and service provider of banking and financial equipment. It sells new and refurbished teller printers, check scanners, check encoders, and check processing sorters from manufacturers including Addmaster, Burroughs, Canon, Craden, Digital Check, Epson, Magtek, NCR, Olivetti, Panini, and Unisys. The company also offers repair services, advance exchange programs, spare parts, and trade-in/sell-back of used equipment, with same-business-day emergency shipping and Net 30 payment terms for bank accounts.
Product overview
Hardware Technology (HARDTEC) is a specialized reseller and service provider for banking and financial equipment. The company's product portfolio is a multi-brand, multi-product portfolio consisting of check scanners, financial printers, check encoders, and check sorters from OEM manufacturers including Burroughs, Canon, Craden, Digital Check, Epson, Magtek, Olivetti, Panini, and Unisys. The portfolio includes: Burroughs/Burroughs Smartsource check scanners (SSP1-PKT, SSP1-Elite, SSP2-PKT series), Burroughs Quantum sorters; Canon Image Formula CR series check scanners (CR-25 through CR-190i II); Digital Check TellerScan series (TS215 through TS500), Chexpress, and Adaptive scanners; Epson TM-J, TM-S, TM-U, TMH, and TMS series printers and check scanners; Magtek Excella STX scanners; Olivetti PR2Plus passbook printers; Panini Vision X and My Vision X scanners; and Unisys NDP sorter/encoder series, Quantum sorters, and EFP/EF validation and receipt printers. HARDTEC provides repair services, advance exchange programs, and sells both new and refurbished equipment with 90-day warranties.
Differentiator
Problem solved
Functional benefit
Products and services
- Burroughs SmartSource Check Scanners Single-feed and multi-pocket check scanners with inkjet endorsers (SSP1-PKT, SSP1-Elite, SSP2-PKT series) processing 30-150 documents per minute, sold new and refurbished for bank teller environments.
- Burroughs Quantum Check Sorters High-capacity check processing sorters with multi-pocket configuration and image modules (Quantum 300, Quantum 600/NDP 21600), sold as complete units or parts for financial back-office check processing.
- Canon Image Formula CR Series Check Scanners Check processing and imaging scanners (CR-25, CR-50, CR-55, CR-80, CR-120, CR-135i, CR-180, CR-180ii, CR-190i II) ranging from compact single-feed to high-speed 190 DPM lockbox scanners, sold refurbished with 90-day warranty.
- Craden DP Series Teller and Passbook Printers High-speed dot matrix teller and passbook printers (DP6, DP7, DP9) with serial and USB interfaces for printing on deposit slips, passbooks, cashier's checks, and multipart forms in banking environments.
- Digital Check TellerScan and CheXpress Check Scanners USA-made single-feed and batch check scanners (TS215, TS220E, TS230, TS240, TS4120, TS500, CheXpress CX30, Adaptive SSA1-B2) with MICR readers and inkjet endorsers at speeds up to 200 DPM.
- Epson TM Series POS Printers and Check Scanners Epson banking and POS equipment including TM-J9000/J9100 and TM-S9000 all-in-one printer/scanner/check readers, TM-S1000/S2000 scanners, TMH6000 series validation and receipt printers, and TMU325/375/675 validation printers.
- MagTek Excella STX Check Scanners Single-feed check scanners with grayscale or color imaging and integrated card reader functionality, refurbished and sold with USB connectivity for teller and back-office banking use.
- Olivetti PR2Plus Passbook Document Printer High-speed dot matrix multi-document passbook printer with MICR capability and serial, parallel, and USB interfaces for reading magnetic ink on checks and printing on banking documents.
- Panini Vision X and My Vision X Check Scanners Check scanners including Vision Next VN100, Vision X (VX50, VX100), and My Vision X (MVX30, MVX60, MVX90) models with batch and pass-through configurations for check capture environments.
- Unisys NDP Check Sorters and Encoders Check sorters and encoders (NDP30, NDP60, NDP110, NDP300, NDP500, NDP600, NDP850, NDP1150, NDP2000, ENC9620, ENC9625) with E13B MICR readers and dual pockets for financial institutions.
- Unisys EFP and EF Series Teller and Validation Printers Financial teller and validation/receipt printers (EFP950, EFP9512, EFP9840, EFP9841, EF4271, EF4272, EF4275, EF4565) for banking teller applications.
- Addmaster Validation and Receipt Printers Dot matrix validation and receipt printers (IJ2040, IJ3160, IJ6080, IJ7102-1A) for teller and POS banking applications with USB and serial interfaces.
- Equipment Repair and Advance Exchange Services Repair, refurbishment, and advance exchange programs for financial printers, check encoders, and check scanners, with emergency same-business-day shipping on most products. RMA service requested by phone.
- Spare Parts Sales and Trade-In/Sell-Back Program Sale of spare parts for Burroughs/Unisys/NCR check processing sorters and other financial equipment with 90-day warranty, plus a trade-in program that purchases used equipment and offers credits toward newer or more advanced machines.
Companies that use Hardware Technology
Customer profileNamed customers2 records
Segments1 record
Ideal customer profiles2 records
Hardware Technology technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
Hardware Technology partnerships and signals
Strategic signalPartnerships
Seven partnerships are on record, tiered core.
- BurroughscoreHARDTEC is an authorized reseller and service provider for Burroughs financial equipment including SmartSource check scanners, Quantum check sorters, and associated parts. Burroughs is a legacy brand now largely supported through third-party service providers like HARDTEC.
- CanoncoreHARDTEC sells Canon check processing and imaging scanners including CR-25, CR-50, CR-55, CR-80, CR-120, CR-135i, CR-180, CR-180ii, and CR-190i II models. Canon is a major OEM in the check scanner space.
- Digital CheckcoreHARDTEC is a reseller of Digital Check equipment including TellerScan TS series (TS215, TS220E, TS230, TS240, TS4120, TS500), CheXpress CX30, and Adaptive full-page scanners. Digital Check is a leading US-made check scanner brand.
- EpsoncoreHARDTEC sells Epson banking equipment including TM-J9000/J9100 check scanner/printers, TM-S1000, TM-S2000, TM-S9000 check scanners, and TMH6000 validation and receipt printers.
- NCRcoreHARDTEC stocks and services NCR financial equipment and Burroughs/Unisys/NCR check processing sorters and parts. NCR is a leading POS and banking equipment OEM.
- PaninicoreHARDTEC is a major reseller of Panini check scanners including Vision Next VN100, Vision X (VX50, VX100), and My Vision X (MVX30, MVX60, MVX90) models. Panini is a leading global brand in check capture.
- UnisyscoreHARDTEC is an authorized reseller of Unisys financial equipment including NDP check sorters (NDP30, NDP60, NDP110, NDP300, NDP600, NDP850, NDP1150, NDP2000), check encoders (ENC9620, ENC9625), SmartSource scanners, and validation printers (EF series). Unisys is a major legacy OEM in the check processing space.
Scale indicators2 records
Recent moves5 records
Expansion highlights4 records
Hardware Technology competitors and assessment
Company assessmentDirect peers
- Panini: Panini is the OEM HARDTEC resells as a 'core' partner (Vision X, My Vision X, Vision Next VN100). Panini is itself a leading global check-capture brand, making it the most directly comparable product-line peer in the same scanner category HARDTEC services and refurbishes.
- MagTek: MagTek manufactures the Excella STX check scanners and card readers that HARDTEC resells. It is a direct peer in check-scanner hardware for financial institutions, with overlapping customer base even though MagTek is the OEM side of the relationship.
- Genmega: Genmega is a US ATM and self-service kiosk manufacturer serving banks, credit unions, and retail operators. It is comparable to HARDTEC in the sense that both supply financial-institution hardware, though Genmega focuses on new-manufactured ATMs versus HARDTEC's multi-OEM refurbished/servicing model.
- Digital Check: Digital Check is a leading US-made check scanner OEM (TellerScan TS series, CheXpress, Adaptive). HARDTEC is an authorized reseller for the brand. Direct peer overlap on product (teller/scanning hardware) and target customer (US banks and credit unions).
- Triton Systems: Triton manufactures ATMs and financial self-service equipment sold to banks and credit unions. It is comparable to HARDTEC as a provider of banking branch hardware and is a target-OEM competitor for the same bank and credit-union customer base.
Broad incumbents
- Diebold Nixdorf: Diebold Nixdorf is a leading global provider of ATMs, banking software, and branch hardware. It competes with HARDTEC's downstream OEM alternatives and serves overlapping bank customers, but at much greater scale and breadth as an incumbent OEM rather than an independent reseller.
- Glory Global Solutions: Glory manufactures check processing sorters and bank-branch automation equipment. It competes with the Unisys/Burroughs/NCR sorter products that HARDTEC services and refurbishes, addressing the same high-volume check-processing use case at larger banks as an OEM incumbent.
- Canon Financial Services / Canon Solutions America: Canon is a major OEM partner HARDTEC resells (Image Formula CR series check scanners). The Canon Financial / Solutions arm sells directly to large enterprises, making it both a supplier and a broader-incumbent competitor in check-imaging hardware to the same bank customers.
- NCR Corporation: NCR is one of HARDTEC's core OEM partners for check processing sorters, ATMs, and POS hardware. It is a broad incumbent across financial and retail hardware — overlapping with HARDTEC in teller and back-office banking equipment, but as an OEM with a global services arm rather than an independent reseller.
- Hyosung TNS: Hyosung TNS is a global ATM and bank-branch hardware manufacturer. It overlaps with HARDTEC's broader banking-equipment ecosystem serving financial institutions, with new-equipment deep catalogs that compete indirectly with HARDTEC's refurbished/inventory model.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks5 records
Key highlights5 records
Customer concentration
Hardware Technology social profiles
Digital presenceHardware Technology financial estimates
Financial estimateRevenue estimate
Valuation estimate
Hardware Technology leadership team
Management profileNumber of profiles
Profiles1 record
Hardware Technology funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Hardware Technology M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Hardware Technology
What does Hardware Technology do?
Hardware Technology (HARDTEC) is a multi-brand reseller and service provider of banking and financial equipment. It sells new and refurbished teller printers, check scanners, check encoders, and check processing sorters from manufacturers including Addmaster, Burroughs, Canon, Craden, Digital Check, Epson, Magtek, NCR, Olivetti, Panini, and Unisys. The company also offers repair services, advance exchange programs, spare parts, and trade-in/sell-back of used equipment, with same-business-day emergency shipping and Net 30 payment terms for bank accounts.
Is Hardware Technology a public or private company?
Hardware Technology is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Hardware Technology founded?
Hardware Technology was founded in 2001. It employs 1 to 10 people.
Where is Hardware Technology based?
Hardware Technology is headquartered in Gilroy, United States, in the North America region.
How does Hardware Technology make money?
Four revenue lines are on record. Equipment Sales (New and Refurbished) is the primary driver. The others are repair and Exchange Services, parts Sales and trade-In and Sell-Back.
Who are Hardware Technology's main competitors?
Direct peers on record are Panini, MagTek, Genmega, Digital Check and Triton Systems. Broad incumbents are Diebold Nixdorf, Glory Global Solutions, Canon Financial Services / Canon Solutions America, NCR Corporation and Hyosung TNS.
Does Hardware Technology have an API?
No public API is recorded for Hardware Technology.
What industry is Hardware Technology in?
Hardware Technology's product category is Banking Equipment Resale and Service. Its primary akta.pro industry code is CRACAJAJ, Data Recovery, Device Unlocking & Software Repair Services. Its SIC code is 5072.