Paydiant m-wallet and cardless ATM access has integrated its mobile wallet solution with the Future POS restaurant and hospitality POS system. The certified solution also enables Future POS customers to benefit from a number of other compelling capabilities including tender steering to lower cost payment instruments, distribution of offers to drive more frequent customer visits and higher average ticket size, and a more secure payment mechanism that leads to less card fraud and fewer charge backs. Now consumers can use any iPhone® or Android™ smartphone to download the restaurant’s or hospitality service provider’s mobile wallet app and link their preferred payment cards to the wallet. Customers then simply scan a QR code presented to them at the point-of-sale or on a tablet running an instance of Future POS at the table.
Virtual Piggy announced Dale Jensen joined its Board of Advisors. Jensen brings experience of over 30 years to the role. Jensen co-founded Information Technology (now Fiserv). Virtual Piggy promotes financial management while empowering youth under 18 to make purchasing, saving and other money management decisions for themselves, within the boundaries setup by parents. The technology serves as a family wallet that is available online or via mobile, and is 100% free to use.
Viableware announced PayPal will be accepted on the RAIL payment platform, a mobile payment device that enables full-service restaurants to securely accept various forms of payment at the table. The integration expands PayPal’s presence in the dining vertical and will enable the payment service on all RAIL devices expected to be implemented by more than 20 of the nation’s most recognizable full-service restaurant brands within the next year. Viableware’s RAIL is a handheld device designed to replicate the look and feel of the traditional bill presentation folder used at most full-service restaurants – but unlike the original, the RAIL allows guests to securely self-swipe credit or debit cards, auto-calculate the tip, split the bill multiple ways, pay-by-item, and direct-email receipts. It also hosts a number of other functional apps that can be used by full service restaurants to provide better service or improve the customer experience.
[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Visa, MasterCard and American Express introduced a proposed framework for a new global standard to enhance the security of digital payments and simplify the purchasing experience when shopping on a mobile phone, tablet, personal computer or other smart device. Aligned with these initiatives, the proposed standard would meet this consumer demand…
Keeping in view its vision of a customer-focused bank with service excellence, BOP opens new doors of convenience for its customer base of over 700,000 customers. BOP has an extensive network of 306 branches across Pakistan with over 126 ATMs. BOP will be the first bank in Pakistan going for Master Debit Card issuance over 1Link. This will also be BOP’s first set of branded debit cards. Customers can now also use their debit cards globally at all MasterCard accepting POS locations and ATMs. MasterCard is accepted worldwide at over 36 million locations. Coming from one of the largest networks of payment cards, MasterCard debit card is an emblem of convenience, accessibility and control.
MoneyGram, a leading global money transfer and payment services company, announced that Larry Angelilli, senior vice president and treasurer at MoneyGram, will present at the Deutsche Bank 21st Annual Leveraged Finance Conference in Scottsdale, Arizona on Wednesday, October 2, 2013. The discussion will take place at approximately 7:10 p.m. Eastern Time / 6:10 p.m. Central Time at The Phonecian. The presentation will also be available via webcast at ir.moneygram.com. MoneyGram International, a leading money transfer company, enables consumers who are not fully served by traditional financial institutions to meet their financial needs.
Bob Carr, Heartland Payment Systems CEO, has been named the 2013 Innovator of the Year by the Princeton Regional Chamber of Commerce. Carr will be formally recognized at the Annual Business Leader Awards presentation and gala at the Tournament Players Club Jasna Polana on December 4, 2013. Carr was the driving force in helping Princeton merchants launch the OnePrinceton program last month. OnePrinceton is a secure payments system that allows merchants to easily donate one percent of each OnePrinceton purchase to the buyer’s participating nonprofit organization in the Princeton area when shopping at merchants that participate in the program. Consumers can participate in the OnePrinceton program by directly linking their checking or savings account through either a OnePrinceton card or a smartphone QR code, both of which require PINs for added security.
eGlobal ATM services for the hospitality industry announced a renewed four-year partnership with Avendra to be a preferred supplier of ATM services to Avendra’s customers. Though eGlobal has been a preferred supplier of ATM services for Avendra for several years, this agreement represents an enhanced program for Avendra’s customers and reduces the number of preferred suppliers in the ATM services segment, making Avendra’s support for this offering clear. As an endorsement of this program, Sage Hospitality recently adopted the Avendra offering and is in the process of transitioning its properties over to eGlobal.
Difference Capital Financial is investing in Carta Solutions Holding Corporation. DCF has invested $2 million in Carta in the form of common shares and warrants, resulting in an approximate 5.0% diluted stake in the company. This investment provides DCF with exposure to the fast-growing mobile payments sector. Carta is an international leader in transaction processing and payments technology, specializing in prepaid, mobile and emerging payments. Carta’s unique platform, designed specifically to meet the complexities of the evolving payments environment, bridges the gap between existing payments infrastructure and the next generation of mobile and digital payments.
AnywhereCommerce has been awarded a patent from the United States Patent and Trademark Office that covers the company’s encryption technology, which resides across its line-up of secure Mobile Point-of-Sale appliances. Patent number 8,534,554 was issued on September 17, 2013 and is in addition to AnywhereCommerce patents for its audio-jack technology, which enables any smartphone, tablet, or mobile device to be transformed into a fully functioning, highly secure mPOS. The company’s versatile lineup consists of flexible appliances that support a variety of card-based payment presentation methods, including magnetic stripe debit, credit, and gift card payments as well as EMV chip-card transactions.
ROAM, an Ingenico company and the leading mobile commerce platform provider, announced Blackbaud software is using its platform as the basis for a new mPOS offering for nonprofit clients. Blackbaud MobilePay enables Blackbaud’s nonprofit clients to accept credit and debit card payments via smartphone or tablets at an event or in the field. By making it more convenient to pay on the fly, Blackbaud expects this solution to help its clients reach more people and operate more efficiently. ROAM’s technology powers mPOS solutions and provides its customers with everything required for a full mobile POS solution, including the card readers, mobile apps, management and development tools.
ACI Worldwide epayment systems announced ACI Bill Presentment Services, a new outsourced offering that provides electronic bill presentment tailored for the unique needs of organisations in consumer finance, insurance and utilities. With pre-integration to a growing list of document processing service providers, Bill Presentment Services leverage existing bill storage to present bills everywhere consumers want to view them, thereby reducing IT costs. Now it’s much easier for billers to provide a compelling consumer experience that converts consumers from using high-cost paper bills to low-cost electronic bills. ACI Bill Presentment Services equip billers with the following capabilities in an effort to maximise consumer convenience and move their customers away from paper – ultimately saving costs. ACI Bill Presentment Services are part of the ACI Bill Payment Engine, a sophisticated outsourced processing platform that orchestrates all of the complexity of electronic bill presentment and payment (EBPP) processing to deliver the best results possible.