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Wincor, Hypercom team on payment terminals, POS
July 31, 2006
AUSTIN, Texas —Wincor Nixdorfannounced it has entered into a strategic reseller agreement with Hypercom Corp. Under the agreement, Wincor will provide Hypercom's multilane Optimum payment terminals as a key part of its total solutions for grocery and convenience stores, mass merchandisers, specialty retailers and quick-service restaurants in the United States. Both companies anticipate expanding the offering to global markets and will cooperate closely on joint sales and marketing opportunities. The agreement follows certification of Hypercom's Optimum terminals for Wincor's POS software.
"This agreement with Hypercom is an important part of Wincor's total solutions strategy," said Doug Evans, vice president of retail for Wincor Nixdorf USA. "Wincor Nixdorf and Hypercom have worked together on a number of shared customers, and we've been impressed with Hypercom's products and people. The strategic reseller agreement is a natural extension of our existing relationship."
"Wincor Nixdorf is a leader in the global information technology marketplace and has customers in many important market segments," said William Keiper, Hypercom chief executive officer and president. "The strategic relationship embodied in our new agreement with Wincor Nixdorf substantially strengthens our positioning with customers in the form of grocery and convenience stores, mass merchandisers, specialty retailers and quick-service restaurants, beginning in the USA. Hypercom was chosen for its immediate availability of best-in-class, multilane POS products required to make this relationship successful. We see terrific opportunities for close cooperation in sales and marketing activities to increase Hypercom's visibility in the principal market segments served by Wincor Nixdorf,"
Hypercom's Optimum L4100, L4200 and L4250 multilane terminals complement Wincor's solution offerings with the ability to handle multistep transactions such as credit and debit authorization and loyalty-points calculation without cashier intervention. In addition, Hypercom's payment terminals meet the strict security requirements set forth by Visa PCI-PED, Interac (Canada) and Europay/MasterCard/Visa standard (EMV). The dual head magnetic-stripe reader reduces the need for customers to swipe more than one time.
In addition, Hypercom's Forms Processing Engine application allows for easy integration into retailers' current systems. Optional payment interfaces on these devices include contactless payment and a smart-card reader.
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