The point of sale terminal company Hypercom Corp. has acquired the assets of the payment processing technology vendor TPI Software LLC.
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Hypercom, of Phoenix, announced the acquisition last week. It did not give a price.
TPI, of Redmond, Wash., provided software for processing a variety of payments, including credit and debit card, automated clearing house, gift cards, and electronic benefit cards.
Hypercom said the move will improve its capabilities in the terminal market and help it expand into other payments areas.
