Zintel now exclusive distributor of Hypercom

After Hypercom withdrew New Zealand distribution from ProvencoCadmus earlier this year, the company decided to appoint Zintel Group as its exclusive New Zealand importer and distributor in time for the Christmas rush. “It was an important decision, and the right decision to make, despite the fact that appointing a new distributor meant Hypercom chose to completely rewrite the software application for New Zealand, which is no small undertaking,” said John Tait, Sydney-based Hypercom General Manager. He added: “The appointment of Zintel as our exclusive distributor ensures that resellers and retailers looking for our much in-demand products, along with official parts and support, can be assured that Zintel is the only New Zealand service company with the support of Hypercom.” Zintel said the lack of choice in the market has hindered some resellers and that the two companies are looking forward to being able to once again to offer the choice of Hypercom terminals. “The sought-after Hypercom terminals will be welcomed back in the market ahead of the busiest time of year when many merchants are looking to replace their aging EFTPOS terminals to increase reliability prior to the Christmas rush,” said Nick Gordon, Chairman of Zintel. Zintel said the investment into establishing the payments business is not likely to see a high financial return this fiscal year, but is expected to contribute significant revenue and profit from next year onward. Zintel will invest a lot of energy into the Hypercom brand over the next three to five years and predicts a steady roll out of terminals in preparation for the Rugby World Cup in 2011.