Lemon Launches Wallet on Google Play and Debuts Lemon for Business

The Lemon mobile wallet platform made available the Lemon Wallet on Android and launched its Lemon for Business. The Lemon Wallet customers already scanned over a half million cards to digitize and back-up their wallet data, stored behind Lemon’s proprietary government-caliber security technology. The Lemon Wallet easy-to-use tool for digitizing and backing up all of the items traditionally carried in a physical wallet and is more secure than the physical wallet itself. Android users are now able to download the App from Google Play for any Android 4.0 or higher smartphone to snap a photo of each item in their wallet, including debit, credit, loyalty healthcare and ID cards, as well as receipts, tickets and coupons.

CSR Makes Available ACH Payment Option

CSR data compliance solutions added the ACH functionality as an alternative billing method, making receivables easier, and creating an opportunity for reseller clients of CSR’s PCI ToolKit™ program for merchant PCI compliance and the CSR Breach Reporting ToolKit™ (BRT) data breach reporting service for all organizations to collect revenues from clients should they leave the reseller for another payments provider. The ACH Network, managed by NACHA, provides a safe, secure, and reliable network for billions in direct payments and is commonly used by consumers for insurance premiums and mortgage payments. ACH transactions for CSR services will mean confidence and convenience for merchants.

AJB Accelerates Retailer EMV Migration

AJB Software Design integrated payment solutions announced a new EMV migration path for U.S. Retailers, designed to accelerate EMV implementations, while making it easy for merchants to integrate with emerging Mobile and other POS initiatives. AJB completed numerous large-scale EMV Chip and PIN integrations with merchants throughout Canada and the United Kingdom. AJB’s software enables merchants to accept EMV transactions; resulting in fewer disputed charges, lower chargeback rates and reduced levels of fraud, saving time and money for retailers. Its EMV compatible software has been PA-DSS validated with EMV transactions, simplifying the compliance effort for merchants to verify their payment processing meets the PCI & EMV security standards.

Western Union Revenue Up 4% Y/Y

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Western Union posted 2Q/12 revenue of $1.4 billion, up 4% from the year ago period, and an operating margin of 24.3%, compared to the year ago figure of 25.7%. Consumer-to-Consumer operating margins were consistent with prior year. The decrease in consolidated operating margin compared to prior year was primarily due to…

Euronet Posts 2Q/12 Revenue Up 8% Y/Y

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Euronet Worldwide electronic payments provider posted 2Q/12 results, with total revenues of $302.4 million, up 8% from the year ago figure of $279.8 million. Net income attributable to Euronet was $5.7 million, compared to the year ago figure of $11.9 million while transactions totaled 570 million, a 13% increase from 503…

MasterCard Priceless Cities Expands to Chicago

A one-stop source to access reservations at top restaurants, first-class shopping experiences and sporting events tickets is now available through MasterCard Priceless Chicago. The Priceless Cities program is designed to bring consumers closer to their passions through exclusive experiences and privileged access throughout the Chicagoland area. The Priceless Cities program has also been extended to London, Toronto and Beijing to give cardholders new ways to discover some of the world’s global destinations. The priceless experiences to MasterCard cardholders include opportunities to have lunch with a current Chicago Cubs player or participate in pre-game batting practice activities; Gilt City offers for coveted Chicago culinary experiences including a prefix vault dinner for two at The Bedford and a special Omakase 10-course chef’s dinner for six with sake and wine pairings at Arami; and unique access to the annual Magnificent Mile Shopping Festival presented by MasterCard.

Visa Campaign Generates Olympic Support Worldwide

Visa kicked off its social marketing campaign, generating national support from countries far and wide through Facebook, Youku and Sina-Weibo in China, VKontakte in Russia, YouTube and Twitter (US). This will inspire Team Visa athletes at the London 2012 Olympic and Paralympic Games. Since the campaign launched in May, fans have cheered in the form of liking the Visa Facebook page, submitting photos, videos and text cheers and performing one-click cheers through Visa’s Cheer application on Facebook, viewing and sharing video content on YouTube, as well as including the campaign’s hashtag (#VisaGoWorld) on Twitter (@TeamVisa) and cheering through partner websites. The campaign has seen 1.9 million fan “Likes” on Visa’s Facebook page; 400,000 cheers for 69 Team Visa athletes in the form of a one-click cheers and text, photo or video submissions; and 25.7 million views of Visa’s Go World commercials, behind-the-scenes athlete content and consumer-generated cheer videos.

RushCard and Green Dot Ink Distribution Deal

UniRush and Green Dot low-cost banking and payment solutions forged an exclusive multi-year distribution agreement, under which Green Dot Bank will serve as the exclusive issuer of the retail version of the RushCard, with Green Dot Corporation serving as a co-manager on the portfolio with UniRush. The introduction of RushCard through the retail channel is expected to significantly expand UniRush LLC’s customer base by allowing consumers to purchase RushCard at many of their favorite retailers nationwide, while providing Green Dot with new, incremental sales through its large, nationwide retail distribution channel. Russell Simmons co-founded UniRush, LLC in 2003, and the subsequent launch of the RushCard was one of the first prepaid Visa Debit cards available to the underserved consumer.

BofA Adds Check Deposit Feature for Apps

Bank of America launched new mobile banking for Mobile Check Deposit, Person-to-Person Email and Mobile Transfers and Mobile App Alerts. This will allow customers to manage their finances through their mobile device – from depositing a check, to paying friends and family, to reviewing balances and much more. Bank of America’s Mobile Check Deposit function allows customers to deposit checks easily and securely without making a trip to the ATM or banking center. Once customers download the updated mobile application onto their tablet or smartphone, they can use the app to snap photos of the check and follow a few simple on-screen instructions to complete the deposit. Mobile Check Deposit is currently available on iPad and will be available in the coming weeks on iPhone, Google Android smartphone or tablet and Windows Phone. Person-to-Person Email and Mobile Transfers allow customers to easily conduct person-to-person transfers via online banking or a smartphone using only an e-mail address or mobile phone number.

Lettuce Entertain You and Mocapay Expand Mobile Offering

Mocapay mobile commerce expanded its strategic partnership with Lettuce Entertain You independent restaurant groups. This will mobile deploy Lettuce Eats Frequent Diner Club. Lettuce Entertain You patrons will be provided a more convenient and engaging channel to earn points and redeem rewards for food at its over 80 restaurant locations in seven states. Lettuce Entertain You will now mobilize its 25-year-old frequent diner club that includes over 100,000 members, giving patrons easy access to their frequent dining membership and real-time updates on points and rewards. Patrons can interchangeably use their plastic loyalty card and mobile phone to collect points and redeem offers from a single account, providing more choice and flexibility. Lettuce Entertain You is able to integrate mobile into its existing POS equipment, loyalty program and application provider through Mocapay.

Payza Names New CEO

Payza payment platforms for e-commerce, corporate disbursement and remittances appointed Alastair Graham Chief Executive Officer. Bringing with him more than 20 years of experience in strategic direction, Graham was the founder and director of 5 Grams of Plastic, which provides strategic guidance to companies in the payments industry. Before leading 5 Grams of Plastic, Graham helped start up several companies and co-founded TransSend Payments Ltd., a financial services company that focused on the rapidly growing stored-value card market, that generated $100 million in card program volumes within two and a half years from startup.

MasterCard and Gilt City Partner, Offer Priceless Experiences

MasterCard and Gilt City partnered to offer registered users of U.S. MasterCard ‘Priceless Cities’ programs with a unique range of city adventures from a “no reservation needed” series or chef’s table experiences at coveted restaurants to exclusive, limited-time offers like meet-and-greet sessions with artists and previously inaccessible opening night tickets to plays and concerts. The ‘Priceless Cities’ global program provides MasterCard cardholders experiences, offers and privileged access to the things they are most passionate about, including travel, sports, shopping, culinary experiences, and arts and entertainment.