HYPERWALLET; AMEX; SAFEND; and MAGICPAY

In Other News: HYPERWALLET (API); AMEX (awards); SAFEND (Windows); and MAGICPAY (ranking). HYPERWALLET – Hyperwallet revealed its REST payout API would move into public beta following the company’s presentation at FinDEVr New York tomorrow. The API has been in private beta with select Hyperwallet clients since it was announced last October, making this the first…

Parkmobile Lands Cherry Blossom Festival Deal

Parkmobile Lands Cherry Blossom Festival Deal

Atlanta-based Parkmobile has teamed with the National Cherry Blossom Festival to provide event-goers with simple and convenient parking options for the festival. Parkers will be able to take advantage of Parkmobile and ParkNow, Parkmobile’s reservations platform, in order to pay for on-street parking or reserve parking near the event using their mobile phones. It takes…

MasterCard AP Introduces IQ Series and ABU

MasterCard AP Introduces IQ Series and ABU

MasterCard has launched two new services that raise the bar on consumer experience and everyday peace of mind for cardholders across Asia Pacific. MasterCard IQ series, pioneering solutions designed to reduce the rising number of card transactions being falsely declined; and Automatic Billing Updater service (ABU), which securely communicates account changes from banks and merchants…

Real Chargeback Costs are 3X the Actual POS TX

Real Chargeback Costs are 3X the Actual POS TX

Chargebacks are a real pain. By the time returns, administrative costs, loss of future business with the customer, and other liabilities are accounted for, the estimated cost to merchants is nearly triple the amount of the sale—$270 for every hundred dollars in chargebacks. As many big retailers shutter storefronts and divert consumers to online channels,…

FEIG’s cVEND Contactless Payment Terminals Coming

FEIG’s cVEND Contactless Payment Terminals Coming

GA-based FEIG Electronics is unleashing its new cVEND secure payment solution next week. FEIG’s cVEND contactless payment terminals incorporate the Cardtek EMV Level 2 Kernel (L2K), providing certified EMV-related payment and security functionality on cVEND plug-in modules and standalone card readers. Together, cVEND payment devices and the Cardtek L2K are tightly integrated to meet the…

LAC’s UOL BoaCompra Expands to Chile for Digital Payments

LAC’s UOL BoaCompra Expands to Chile for Digital Payments

UOL BoaCompra, a specialist in digital goods payments throughout Latin America, is expanding into Chile. The company now offers 18 additional local payment methods including the company’s own currency, BoaCompra GOLD, Redcompra, Servipag.com and Khipu (online bank transfers), enabling international game companies to access a rapidly growing online population in Chile. UOL BoaCompra’s portfolio of localized payment options…

MiCamp Solutions to Provide SBE with Complete P2PE

MiCamp Solutions to Provide SBE with Complete P2PE

MiCamp Solutions will integrate EMV compliancy into all SBE locations to allow for maximum payment processing security to protect customers from fraud when using their credit or debit cards. In addition, MiCamp Solutions will provide SBE with complete Point-to-Point Encryption (P2PE) while implementing tokenization for added payment processing solutions. Founded on a core belief of…