Hypercom Corp. has entered Germany, its 12th European market, through a distribution agreement with the payment systems company Internet AG.

Internet AG will be selling and supporting Hypercom's ICE line of touch- screen point of sale terminals, Ascendent software, and networking systems.

"The need to offer new payment services, limit fraud, lower transaction costs, and differentiate service offerings is leading German banks to develop new card-based payment systems," said Hypercom Europe managing director Rob Meli.

He said Germany has far fewer POS terminals than France or the United Kingdom, which "represents significant opportunities and benefits for payment solution providers and users alike."

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