04/05/2010 • CardFlash® - Payment Card Industry News

Quepasa & Hi-media Payments Partner to Offer Micropayment

5, Country, Priority, UNITED STATESBy Robert McKinley 04/05/2010

Quepasa Corporation, creator of Quepasa.com Latino social network, has partnered with Hi-media Payments micropayments business unit of Paris-based Hi-media Group. With this, Quepasa plans to bring Hi-media’s “Allopass” micropayments platform to Quepasa.com to help monetize its growing library of social games and premium content offerings. The Allopass micropayments solution currently processes more than eight million transactions per month, making it the largest and most popular micropayment platform in Europe and Latin America. The company has established key partnerships across the virtual goods ecosystem and is set to unveil several new integrations over the next year.

Mobile Semiconductor TAM to Post 14.3% CAGR by 2015

5, Country, Priority, UNITED STATESBy Robert McKinley 04/05/2010

For semiconductor suppliers and their IP partners who traditionally have
served the non-PC and industrial markets, such as POS equipment, the TAM
for multifunctional mobile devices is almost 700 million units in 2010. This
figure is projected to grow to over 1.3 billion by 2015 for a CAGR of 14.3%.
This report, released by CA-based multi-media product analyst Jon
Peddie Research, was created as a resource to uncover the opportunities
and to help them extend their technology into what we are
calling the âadjacent consumer marketsâ with a focus on mobile devices
for consumers. JPR provides consulting, research, and other specialized
services to technology companies in a variety of fields including
graphics development, multimedia for professional applications and
consumer electronics, high-end computing, and Internet-access product
development.

VersaPay Grants Internal Stock Options

5, Country, Priority, UNITED STATESBy Robert McKinley 04/05/2010

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.

Skateboarder Rob Dyrdek To Promote BillMyParents

5, Country, Priority, UNITED STATESBy Robert McKinley 04/05/2010

Socialwise’s online payment, BillMyParents, has announced professional
skateboarder and TV star Rob Dyrdek will promote the payment solution
and teen MasterCard prepaid debit card. The new BillMyParents reloadable prepaid MasterCard gives teens
additional freedom and independence, enabling purchases wherever
MasterCard is accepted, both online and through traditional retail
outlets. The BillMyParents MasterCard prepaid card eliminates the
risks of carrying cash, and also gives parents a unique set of enhanced
monitoring and safety functions over their teen’s card use. Users can
choose from many designs, including pictures of Rob Dyrdek. With the
Supervised Shopping program, teens shop online and
pick out specific items they want by using the convenient BillMyParents
payment button on partner retail sites. Parents have the option of
providing an allowance-like spending limit in advance, or are notified
via email or text to approve or deny each purchase requested through the
automated system.

MasterCard Now for Use to Pay Taxes at Convenience Fee of 1.95%

5, Country, Priority, UNITED STATESBy Robert McKinley 04/05/2010

Value Payment Systems and RBS WorldPay announced that the companiesâ “payUSAtax” tax payment service will now accept MasterCard cards for U.S. IRS Federal tax payments. For the 2009 tax year, MasterCard cardholders can now experience greater speed, convenience and security when paying their federal taxes online at www.payUSAtax.com for a reduced convenience fee rate of only 1.95%. Taxpayers who use their MasterCard when filing their Federal taxes with payUSAtax can earn rewards, schedule automated payments, set future payment e-mail reminders and deduct the convenience fee on their tax return. The “payUSAtax” service, individual taxpayers can make secure tax payments for 1040; estimated taxes; installment payments; tax extension; trust fund recovery penalty; amended tax returns, and many more.

VeriFone Completes Acquisition of VTS

5, Country, Priority, UNITED STATESBy Robert McKinley 04/05/2010

VeriFone Holdings has acquired the
remaining minority interest in VeriFone Transportation Systems and
aligned all operations within its Integrated Systems
organization. The former CEO of VTS has been named senior VP,
Taxi Systems.VTS was formed as a joint venture with TaxiTronic in 2005
to equip taxis with integrated fleet management and
customer payment systems. Acquiring the remaining minority interest in
VTS allows VeriFone to further drive adoption of the payment
systems within the transportation segment, particularly in international
markets. The Integrated Solutions organization will advance VeriFoneâs
development and implementation of integrated solutions for
transportation and a strategy of driving payment solutions and
transactions as well as advertising sales by the recently formed
VeriFone Media Solutions group.

BB&T Deploys Online Resources for Biller-Direct Payments

5, Country, Priority, UNITED STATESBy Robert McKinley 04/05/2010

BB&T Corporation has signed a multi-year agreement for Online Resources Corporation’s biller-direct electronic payment solution. BB&T will implement Online Resourcesâ service fee payments in the second quarter, allowing live agents to accept consumer loan payments over the phone. Online Resources will also provide customer data collection and validation; fee and payment processing; interchange management and settlement; and real-time, on-demand reporting, tracking and management through an online client console. Online Resources powers financial interactions between millions of consumers and the companyâs financial institution and biller clients, including 12 of the top 13 U.S. retail banks and 13 of the top 20 U.S. card issuers.

Erste Bank Hungary Deploys Diebold ATM Payment

5, Country, Priority, UNITED STATESBy Robert McKinley 04/05/2010

Erste Bank Hungary, has enlisted Diebold to implement payment solutions for utility bills through its ATMs. For many OCR payments, a proof of payment is required. The Transaction amount, identification and other information are printed in the bottom part of the utility bill with OCR characters. Thanks to Diebold’s bulk-deposit Intelligent Deposit Module (IDMbd) technology, Diebold OptevaÂ® ATMs can process these images, convert them to Hungarian Post-compatible format, copy transaction data and stamp images to the bill, forward it to the host, and print a copy of customer portion of the bill with the receipt printer. The initial phase of the project entails Erste Bank to pilot the bill payment service on 12 Diebold Opteva ATMs equipped with IDMbd and Diebold AgilisÂ® multi-vendor software application.

Lingotek Provides Biometric Security Software to DigitalPersona

5, Country, Priority, UNITED STATESBy Robert McKinley 04/05/2010

DigitalPersona biometric security software for consumers and enterprises has chosen Lingotek collaborative translation technology software and services to provide the translation of its consumer fingerprint identity protection software and documentation. DigitalPersona has used Lingotekâs Web-based Collaborative Translation Platform and services to translate the user interface and documentation of the latest version of its DigitalPersona Personal software into 24 languages. Via any web browser, communities of translators can use Lingotekâs SaaS collaborative translation platform to translate text of any kind with the help of private and public translation memories, rank the translation for accuracy and provide final edits, while content ownerâs can upload new projects, assign translators and track project progress in real time.

Citizens Bank and Charter One Hit 15,00 New CollegeSaver Account

5, Country, Priority, UNITED STATESBy Robert McKinley 04/05/2010

RI-based Citizens Bank and Charter One customers have opened
more than 15,000 CollegeSaver accounts since the bank introduced the
product last April. CollegeSaver enables customers to earn a $1,000 bonus plus interest for
opening an account by the sixth birthday of their child, grandchild or
loved one and saving a minimum of $25 per month until the child is 18.
Customers receive the $1,000 bonus plus all the accrued interest when
the child turns 18. Customers who start saving $100 per month when their child is 6 will
accumulate about $15,800, including the $1,000 bonus and interest earned
when their child turns 18. Customers who start saving $100 per month
when their child is born will have approximately $23,500 â a difference
of about $7,700. It is available to new and existing customers, and
insured by the FDIC up to the legal limit.

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