Avalara (http://www.avalara.com) sales tax automation for businesses announced Ektron web content management and marketing optimization joined its list of solution partners. Avalara’s solution partners are software publishers that integrate Avalara’s software as a service (SaaS) offering for sales tax management directly into their own applications. Avalara has concentrated on building solution partnerships since its inception and today its partner applications on enterprise resource planning (ERP) and financial/accounting, POS, ecommerce, mcommerce, and customer relationship management (CRM) systems.
[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Over the past 60 days, ShopVisible, selected by the SIIA CODiE Awards as Best Ecommerce Solution 2012, conducted research spanning 23,000 web and mobile transactions. In thousands of mobile transactions, 67% of customers used PayPal or an alternative payment method while only 33% chose to pay by credit card. In web-only…
[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Say goodbye to paper punch cards and coupons. This weekend, at Coffee Fest Chicago 2012, Perka and ShopKeep POS, the simplest way to make smarter business decisions, will announce plans for an integrated iPad POS solution to enable merchants to get to know their customers on a first name basis, and…
[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Confidence in the economy on the Discover U.S. Spending Monitor of nearly 8,200 consumers in May was pretty flat, demonstrating a 1.2 slip to 95.5 in May from 96.7 in April. Buoyed by falling gas prices, those who said the U.S. economy was improving held steady at 33%, but only 37%…
Mobile wallet consumers are now looking to using alternative players to their primary bank for mobile wallets and for banking. They are also looking to using a wide variety of services in their mobile wallet, such as search & shop, loyalty programs and real-time incentives, according to Carlisle & Gallagher Consulting Group. Specifically, research indicated 48% are interested in a mobile wallet and that interest is driven by both young consumers and affluent consumers, 76% of whom are currently using or intend to use mobile banking. These consist of Techno Shoppers (27%) and Payment Optimizers (21%)- those interested in making the best payment decisions based on their financial situation. Additional findings show 80% would use PayPal as their mobile wallet provider; 60% would use Google; and 60% would use Apple, while 65% rated the ability to make better payment choices – such as maximizing loyalty programs or minimizing interest payments- as the most valued mobile wallet service.
Fime has enhanced its acquirer services offering with the upgrade of the SAVVI test log analysis tool. This supports MasterCard PayPass Terminal Integration Process (M-TIP) Specifications, replacing the existing PayPass TIP process to complement FIME’s Formal Approval services. Acquirers implementing contactless terminals must adhere to the new PayPass M-TIP Specification while those with previously approved MasterCard TIP contactless readers may continue to use the existing PayPass TIP process for new terminal integration projects. FIME has updated its SAVVI test tool in response to the release of the new MasterCard PayPass M-TIP Questionnaire, which determines the tests that need to be undertaken by an acquirer.
CashStar will power Marketing Innovators’ digital gift card solution, offering business customers the ability to reward program participants with convenient and personalized eGift Cards from well-known retailers. Marketing Innovators’ incentive, marketing, recognition and loyalty programs offer powerful, custom-designed solutions that engage and motivate employees, partners and customers toward a company’s goals. CashStar’s platform is integrated with retailers and top processors, allowing a level of digital gifting flexibility unmatched by any other provider. Businesses control the entire process and can order cards in real-time with no inventory or volume commitments, issue cards in many popular denominations, and activate cards instantly.
USA Technologies has received a commitment letter from Avidbank Corporate Finance to establish a $3.0 million, one-year secured line of credit. The credit line is part of USA Technologies’ strategy to assist in the accelerated transition of cashless payment systems and services in the unattended small-ticket, retail market through its JumpStart program. The amount of funds to be made available to USAT under the line of credit would be based upon a percentage of eligible accounts receivable and license and transaction fees to be specified in the loan agreement.
The Prepaid Press Expo announced its slate of speakers for “The Prepaid Press Expo ’12” to be held at the Paris Hotel, Las Vegas, August 6-8, 2012. Two days of conference sessions will include speakers from a diverse group of prepaid companies, including: InComm, NetworkIP, Fiserv, Prepaid Resources, Auris Technologies, Lunex Telecom, CHARGE Anywhere, Giftango Corporation, Paymentez, First Data and many others. Top analysts from Mercator Advisory Group will lead “Focus on Payments,” a special three-session program covering topics relating to the Alternative Financial Services Market.
Braintree payments platform for online and mobile commerce is expanding its payments platform internationally to help digital companies in every part of the globe launch, support, and scale successful online and mobile businesses. Merchants of all sizes in thirty countries will soon be able to access the same Braintree infrastructure and payment gateway as their U.S. counterparts, realizing benefits including fast integration and time to market, white glove customer service, and proven scalability. Braintree will offer access to its international payment services in private beta over the next few months, with a full launch planned for third quarter of this year. Braintree currently processes more than $4 billion in credit card transactions each year, including nearly $1 billion in mobile payments.
Fiserv financial services technology solutions announced its white paper on how financial institutions can boost mobile banking adoption among consumers. entitled, “Breaking the Mobile Banking Glass Ceiling: Five Factors Will Drive Consumer Adoption,” the paper addresses the question of how to encourage consumer adoption and usage has come to the forefront. When a new technology such as mobile banking is introduced, there is typically a group of early adopters who are eager to begin using the service. According to actual adoption figures from Fiserv, a financial institution can expect about 20 percent of eligible users to begin using mobile banking within 18 months of launching the service. After the 20 percent milestone is reached, adoption typically slows. The challenge lies in breaking this glass ceiling and gaining wider adoption across the entire customer base. It encourages administrators to establish mobile banking as useful; providing access to mobile banking through all devices; help consumers overcome security concerns; foster familiarity for a natural transition across channels; and make mobile banking easy to use.
American Express expanded its Savings at Work program to include three new partners that will offer select rebates and discounts for mid-size companies, allowing Corporate Card clients to take advantage of special deals from top brands, including Box, Dunkin’ Donuts and Sprint. American Express also announced expansions of current Savings at Work partnerships with Choice Hotels, FedEx, and several of Hilton Worldwide’s brands, including Hilton Hotels & Resorts, DoubleTree by Hilton™ and Embassy Suites by Hilton™. The Savings at Work program is an exclusive benefit of being an American Express Corporate Card client and gives mid-size companies seamless access to pre-negotiated discounts and savings on everyday business spending, including travel, dining, shipping and conferencing services. The program was created in 2002 to help mid-size companies, who often seek but can’t secure the lower rates usually reserved for large corporations, as well as suppliers, who are often looking for ways to better promote their products and services to the middle market.