VoiceCash announced Dr. Tariq Habib will become the new CEO of VoiceCash Middle East and Asian operations. Regarded as a pioneer for the digital economy in the Middle East, Dr Habib has held various senior-management positions at Emirates Telecom Corporation (Etisalat) including CTO/Comtrust and founded several e-commerce and payment provider service companies. VoiceCash accelerates the internationalization of mobile money transfers, connecting national closed loop payment services and enabling cost-effective and simple mobile money transfer worldwide for true global mobile banking.
B2B ecommerce portal Taiwantrade has partnered with online payment system provider PayPal.
Taiwantrade is operated by Taiwan’s most important trade promotion
organization, the Taiwan External Trade Development Council (TAITRA).
It has attracted 10 suppliers and 1.5 million buyers. The
cooperation this time with the highly trustworthy PayPal online payment
system, not only can simplify and better protect the transnational
online transaction process, but can also upgrade Taiwanese companies’
services for buyers, and thereby increase buyers’ willingness to source
from Taiwanese companies. This collaboration is expected
to bring more order placements for Taiwan’s small-value and medium
enterprises and is an important milestone for PayPal’s presence in the
Mobile telephony provider TOT has selected Gemalto to enhanced TOT’s 3G network.
The deployment of the Gemalto Over-The-Air platform provides TOT with multiple benefits. With Gemalto’s OTA platform, TOT subscribers can enjoy more value-added services that are more accessible and easier to download over-the-air, including internet and MMS applications via OTA. With 3G’s broader bandwidth capabilities, TOT will be able to communicate with their subscribers through high-speed data channels while subscribers will enjoy faster access to the network. TOT can stay in touch with its customers while reducing the cost and hassle of frequently replacing USIMs as services evolve. TOT can update the USIMs with both operator and subscriber-centric applications based on subscribers’ needs, such as updates for service subscription, roaming lists and data management.
The complete Gemalto Over-The-Air system was delivered and installed in Bangkok in March 2010. The USIM cards have already been deployed since November 2009, to coincide with TOT’s 3G launch on December 5, 2009.
Direct marketing analyst Mintel Comperemedia report Canadian credit card acquisition direct mail volumes drop a staggering 57% from the all time high in 2008, of nearly 350 million pieces, down to barely surpassing 150 million in 2009. One in four Mintel respondents say reward programs with points are most important, while reward programs with miles and wanting to build credit come in at 22% each as the next most mentioned influencers when choosing a card. In just the last year, the share of Canadian mail for rewards cards has increased from 44% to 69%. Mintel Comperemedia expects to see a rebound in marketing direct mail in 2010. With the current low direct mail volumes, there is an open door for credit card institutions to gain a competitive advantage with direct mail.
VersaPay Corporation has granted incentive stock options to one of its Directors to purchase
68,000 common shares in the capital stock of the
Company pursuant to the Company’s approved share option plan. VersaPay’s
proprietary technology enables businesses and consumers to accept and
process credit, debit and gift card
transactions. As a payment services and financial technology company
serving over 3,000 Canadian businesses, VersaPay, in conjunction with
its partners, provides the hardware, technology, infrastructure and
support services that businesses of all types require to accept and
process electronic payments from their consumers and clients.