NCR meets highest with a debt to EBITDA ratio of 3.8. NCR Corporation manufactures financial transaction machines and other products. The Company produces automated teller machines (ATM), self-checkout and self-service kiosks, point-of-sale workstations and scanners, manufactures printer consumable products, and manages networks and servers for ATMs and kiosks. NCR has traded in a range of $15.11 to $20.97 and is now at $16.41, 9% above that low. Diebold is next with a debt to EBITDA ratio of 3.6. EBITDA ratio indicates how many years of EBITDA would be necessary in order to pay back all the debt. When it is greater than 3.0, it’s considered alarming.
The Conference Board Leading Economic Index (LEI) for the U.S. was up 0.5 percent in November to 118.0 (2004 = 100), following a 0.9% increase in October and a 0.1 percent increase in September. The composite economic indexes are the key elements in an analytic system designed to signal peaks and troughs in the business…
Merchant Warehouse is being named as the Best Merchant Account provider for 2012 from 100Best-merchant-Accounts.com. Over 115,000 businesses currently use the best merchant services from Merchant Warehouse because of this company’s commitment to providing businesses with an affordable, secure and reliable way to process online and credit card payments. With rates as low as .69 percent on debit transactions, it is clear that Merchant Warehouse is one of the most affordable merchant accounts available. Merchant Warehouse brings on over more than 30,000 new merchants each year for credit card equipment and processing needs, processing over 9 million transactions monthly for over $7 billion in sales each year.
e-commerce software packages integrate with payment processors. The payment processor will interpret information as-needed, secure the payment from the customer, and then hand the customer off to the e-commerce software back on the seller’s website. Because most of the payment processors attempt to protect their proprietary code, the APIs may not all be as flexible and forthcoming as you would like, but are always freely available since payment processors have a financial interest in making sure developers can easily integrate support for their services.
Digital Menu Me teams up with Revel Systems, a point of sale company in San Francisco California, to deliver all of the Revel Systems’ customers a cloud based digital menu board system. This partnership will take both companies into the next generation of each others markets. Revel Systems runs a cloud based iPad POS system which delivers powerful and intuitive cloud based point of sale to restaurants while Digital Menu Me delivers powerful and intuitive digital messaging to Revel’s Point of Sale customers.
Adeptra automated consumer engagement has certified through ISO27001 and PCI DSS for the fifth and sixth years respectively, continuing to define and meet the standards of leadership among vendors in its space. These re-certifications demonstrate the company’s continued commitment to the ever increasing critical market standards through the delivery of secure industry solutions to its global customer base. Earning this, Adeptra had to meet several changes made to the PCI DSS standard since its inception, Including the latest standard, PCI DSS v2.0, by VISA/MasterCard.
December 12th-18th was the busiest seven day period of the season for 50 of the leading U.S. online merchants that are part of Chase Paymentech’s Cyber Holiday Pulse Index. With high volumes throughout the week, transactions actually exceeded Cyber Week (November 28th-December 4th), with approximately 4.6 million more transactions settling this week than during Cyber Week. Although growth rates are slowing from early season peaks, sales for last week were 20 percent above the same period in 2010. Most online retailers had announced December 19th or 20th as the last day for guaranteed delivery, and last minute shoppers raced to make their purchases. The Pulse Index indicates year over year sales growth of 25 percent and transaction growth of 36 percent. Average tickets remain down 8 percent.
Ukash e-money network found games players and consumers are looking for alternatives to credit card payments, as Ukash has seen its business increase 85% year on year as more people look to play or pay online without having to submit personal financial details to websites. Consumers can exchange their cash for a Ukash payment vouchers of equal value, readily available at over 50,000 outlets in the UK and Ireland and over 420,000 outlets in more than 50 countries worldwide. Since its launch in 2005 Ukash has become a globally-recognised payment method that enables online transactions using cash, providing freedom from credit and debit card fraud, repudiations and charge-backs, and protecting personal identity. Ukash allows participating online games merchants to accept cash at their websites without risk of repudiations and chargebacks – which also means that new cash-focused markets are opened up. Consumers benefit from their financial identity being protected and a secure, convenient and easy to use payment method.
HSBC North America’s Card and Retail Services business has reached agreement with Saks Incorporated and three other major retailers to continue the management of their private label credit card programs. In addition to reaching a new agreement with Saks, HSBC also renewed the programs for Darvin Furniture, Big Lots and Jordan’s Furniture. All four companies have also agreed to the assignment of their program agreements to Capital One upon closing of its planned acquisition of HSBC’s card and retail services business which was announced in August.
CO-OP Financial Services, W.C.U.L. Services Corp. (WCUL) and Wisconsin Credit Union Shared Service Centers partnered to market CO-OP Network and Payment Processing services. CO-OP offers services that maximize member convenience and operational efficiencies for credit unions. WCUSSC already offers CO-OP Shared Branching, CO-OP Member Center and CO-OP E-Commerce Solutions. With the new agreement, WCUL and WCUSSC will also promote CO-OP Network and CO-OP Payment Processing services, which offers 28,000 surcharge-free CO-OP Networks ATMs nationwide, 9,000 of which are deposit-taking.
NationalLink ATM and Payment Transaction company was ranked by the Los Angeles Business Journal as its #95 Fastest Growing Private Company. The Company enhances services by providing ATMs to merchants, malls, hotels and other locations. NationalLink offered partners and their consumers the ability to access the cash via ATMs in their bank accounts at times when they demanded it the most. It also offers complete solutions to banks, including field service. NationalLink ships ATM and ATM parts, focuses on processing cash transactions, providing cash management and getting service technicians to ATM locations.
Visa predicted December 23rd would be the busiest shopping day in most countries as people purchase last minute gifts for friends and loved ones and a 9% increase in the amount of money spent online on December 23rd this year when compared with the same day last year. Visa also predicted 33 million transactions would be made in total on December 23rd this year which would see a total spend of GBP1.5 billion. Also Visa predicted GBP186.5 million will be spent on Christmas day itself too, but has yet to release any final figures.