The National Retail Federation, the Food Marketing Institute, the National Association of Convenience Stores and two retailers filed a lawsuit in federal court saying the Federal Reserve failed to follow key requirements of a 2010 law when it adopted a flawed cap on debit card swipe fees that took effect this fall. NRF and the…
Bruce Hopkins has been named GM, Processing Solutions with Fiserv Card Services to support debit, credit and risk products and services, and manage the service delivery and payment processing functions. Hopkins joins Fiserv from FIS where he previously served as senior vice president for the Merchant Solutions division within the Retail Payments Solutions business, where he served in a variety of management roles leading payments business lines, including ATM acquiring, gateway processing, payments fraud management, biller direct payments, government payments, merchant solutions and the closed loop gift card business. He holds a master’s degree in business administration from Marquette University and a Bachelor’s of Business Administration in Management Computer Systems from the University of Wisconsin-Whitewater.
Payvment Facebook e-commerce platform is set to launch a special Black Friday deals section of its ‘Shopping Mall’ on Facebook. With this, it will offer shoppers search for, discover and get holiday deals from its boutique sellers. Shoppers can visit the Payvment Shopping Mall to get up to 80 percent off of items. This after having seen a 30% rise in shopper traffic since the beginning of November and a 25% rise in social discussion and sharing with products in the Shopping Mall.
First Data Merchant Solutions has been selected by Volusion e-commerce shopping cart software and services for online merchants to provide additional payment processing options. This will see First Data Merchant Solutions support Volusion’s community of small and medium-sized businesses in accepting online credit and debit card payments. Volusion allows entrepreneurs and small business owners to quickly and easily set up all the elements required to sell products and services online, including website design, merchandising, multi-level marketing as well as debit and credit card processing. Now they will have the option to open a merchant account using a one click referral process, allowing them to accept and settle online card payments as a customer of First Data Merchant Solutions.
NetSecure Payments secure payment solutions launched its “Kudos” credit card acceptance kit for eligible non-profits and charities, offering added donation method in the hope of encouraging extra giving this holiday season. It is an ideal solution for charities seeking donations via credit card with a plug-in swipe terminal for smartphones and connected tablets allows an individual to take payments from anywhere with ease and convenience. The “Kudos” solution works with Android, iOS, and BlackBerry devices using end-to-end encryption for complete security.
Tyfone with OnPoint Community Credit Union launched the “iCashé” Mobile Wallet program. The “iCashé” Mobile Wallet allows OnPoint members to purchase gift cards on their mobile phones and send to anyone instantly by text message or email. Gift card recipients can use their cards in-store or online via their smart phone or with a printed copy of the confirmation email. More than 50 national retailers and restaurants are now offering the mobile gift cards for purchase, with local retail options expected to be added in the future.
Merchant Data Systems payment processing company and Internet Marketing Company Karma Snack are announcing a joint venture designed to help merchant and re-seller clients of Merchant Data Systems increase their sales. This will provide both traditional and e-commerce businesses with products and services including business-enhancing search engine optimization (SEO) to complement wholesale merchant processing. Included in the JV is the ability to generate qualified leads for Sales Agents, which will offer merchants a suite of Financial Services products including working capital, merchant cash advances, equipment financing as well as Gift & Loyalty programs, Payroll Services and merchant-friendly PCI-DSS solutions. MDSSEO will deploy a consultative approach with business owners in order to assure their business is equipped with the financial products and services they need while keeping costs very low.
Retail Realm global software development and distribution added additional solution providers to participate in their 2nd annual “Microsoft Dynamics Retail” Reseller and User Conference in Las Vegas. These providers include nChannel; Avalara; Payment Processing, Inc; New West Technologies (www.newestech.com); OpSuite; Merchants Technology Designs; Dinerware; and Robust System. This Microsoft-sponsored event will showcase leading software and hardware providers, allowing attendees to see and experience firsthand premier retail, POS, and business management solutions.
Varolii Corporation personalized SMS, voice and email customer communications achieved ISO 27001 certification, the internationally recognized Information Security Management System (ISMS) standard. Varolii now meet ISO 27001 certification, Payment Card Industry Data Security Specification (PCI DSS), Health Insurance Portability and Accountability Act (HIPAA) and Gramm-Leach-Bliley Act (GLBA) compliance. ISO 27001 (ISO/IEC 27001) is the most rigorous global security standard that sets out requirements for an Information Security Management System. Varolii ensures client data protection while securely delivering more than five billion intelligent, personalized communications to consumers and employees on behalf of Fortune 1000 companies.
Air New Zealand now plans to launch its “OneSmart” card, combining its loyalty card and credit card to feature Airports membership on one side and an optional Prepaid Debit MasterCard on the other side. The card can not only be used to use to skip the lines in New Zealand domestic check-in but can also be loaded with funds in four different currencies to make everyday purchases and shop online. Other features of the card include no commission charge to load foreign currency, no charge for international ATM withdrawals as well as built with PayPass for quick transactions less than NZ$80.00.
Redha Al-Ansari Exchange network that provides worldwide remittance and foreign exchange services implemented Luup’s universal mobile payment platform to enable its services to be delivered through the mobile handset. The strategic partnership will enable Redha Al-Ansari Exchange to offer quicker, secure and more convenient services to all its customers. Luup has previously announced partnerships with several money transfer organisations in the Middle East and South East Asia. Adding Redha Al-Ansari Exchange, with their financial and remittance expertise, significantly extends the mobile remittance infrastructure and will bring benefits to hundreds of thousands of workers in the UAE and beyond.
BBK launched a new offsite ATM, bringing its numbers to 43 ATMs. BBK ATM machines provide such services as Cash withdrawals; Account balance enquiries; Printing of mini statements; Transfer of funds between linked accounts maintained with BBK; Cheque book requests Batelco bill payments and prepaid top-ups; Zain bill payments and prepaid top-ups; Electricity bill payments; and “CrediMax” Credit Card bill payments and PIN change. BBK has been incorporating the latest technologies to offer e-banking solutions to provide new generation services through its user friendly award winning website www.bbkonline.com.