EXHIBIT 23.2
CONSENT OF ARTHUR ANDERSEN LLP
Consent of Independent Public Accountants
As independent public accountants, we hereby consent to the incorporation by
reference of our report dated January 21, 2000 relating to the consolidated
financial statements of Transaction Software Technologies, Inc. as of September
30, 1998 and 1997 and for the fiscal years then ended into the Registration
Statement on Form S-8 of Brokat Aktiengesellschaft ("Brokat") (Registration No.
333-47866) and into the Registration Statement on Form S-8 of Brokat
(Registration No. 333-45594).
/s/ Arthur Andersen LLP
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Atlanta, Georgia
December 8, 2000
