Now through June 30, 2014, cardmembers can sign up to earn 5% Cashback Bonus on up to $1,500 in purchases made at home improvement stores, furniture stores and Bed Bath & Beyond®. Cardmembers can sign up simply by logging into their online Account Center or calling 1-800-DISCOVER (347-2683). After making $1,500 in purchases, Discover cardmembers continue to automatically earn their standard Cashback Bonus on all other purchases. Cardmembers can shop online year-round with their Discover card at ShopDiscover.com, Discover’s exclusive online shopping portal featuring more than 200 popular online retailers offering between 5% and 20% Cashback Bonus on purchases.
JetPay® Corporation is pleased to announce the appointment of Diane (Vogt) Faro to its Board of Directors. Ms. Faro was nominated to the board to replace an open board seat created by the departure of Arthur Ryan, who resigned in October 2013. With a career of over 30 years in the payments industry, Ms. Faro brings executive expertise in management, sales, and the merchant acquiring and Independent Sales Organization sides of the payment business.
U.S. Bank announced “U.S. Bank Business Edge,” a new brand for its small business payment products. The Business Edge family also includes a new product: the U.S. Bank Business Edge SelectTM Rewards card. The card lets card owners earn triple points on net spending by choosing one of three categories (day-to-day expenses, automotive, or travel and entertainment), and one point for each dollar in net spending for everything else. Flexible redemption options include a choice of gift cards, merchandise, travel or a statement credit. Other benefits include: no annual fee, no cap on points earned and 0% APR for nine statement cycles on purchases. The new family includes the “Business Edge Cash Rewards Card,”
“FlexPerks Business Edge Travel Rewards Card,” “Business Edge Platinum,” “Business Edge Charge Card” and “Business Edge Check Card.”
FIS and its NYCE® Payments Network announced a licensing agreement to make the Visa® EMV® debit solution available to all NYCE participants. This agreement furthers the U.S. payments industry goal of EMV adoption and is NYCE’s first formal EMV license, which can be used by NYCE Network participants with respect to Visa card products. Fundamental to the agreement is the support of key NYCE participant business flexibilities, including portability between debit networks for issuers, routing choice for merchants at the point of sale and issuers at NYCE ATMs. At the same time, it ensures that NYCE will have access to Visa EMV technology in perpetuity to support NYCE clients and NYCE will be able to support transactions using all authentication types.
BPC Banking Technologies payment solutions for the global financial industry announced the launch of SmartVista for Retailers. SmartVista for Retailers is designed to help businesses of all sizes streamline payment operations while supporting the widest range of payment methods and channels. The solution provides all the capabilities needed to support today’s fast moving, competitive retail environments in an integrated, flexible and secure package. Retailers face considerable challenges in their mission to deliver what consumers want at a price they are willing to pay, backed by the convenience and service they demand. SmartVista for Retailers helps capture market opportunities by rapidly meeting the unique needs of changing markets. The solution supports single- and multi-site retailers, as well as mono-retailers and retailers with multiple departments. A full range of payment options are supported, including EMV (Europay Visa Mastercard) chip and magstripe, contactless and mobile, credit and debit cards, prepaid and virtual cards, gift cards and vouchers, ensuring retailers can offer consumers the widest range of payment acceptance. Designed to operate in a dynamic environment, SmartVista for Retailers is multi-channel, multi-currency, multi-lingual, multi-institution and multi-acquirer.
Acculynk payment processor announced the City of Atlanta, Department of Watershed Management’s award of a Special Procurement Designation to Acculynk. Following the Special Procurement Designation, Acculynk will offer Department of Watershed Management customers its unique PIN debit solution for processing secure online debit payments. The Company expects to deliver its proprietary solution to customers within the next few weeks. The offering is expected to open up a new payment channel to Department of Watershed Management customers, especially for those customers who utilize debit cards as a primary means for transacting. Acculynk’s PaySecure® patented online PIN pad solution permits PIN enabled debit card users to enter their PIN for e- and m-commerce, ensuring a second layer of authentication and a more secure transaction.
2Checkout announced Inline Checkout, a hosted payments processing platform that empowers online merchants with a seamless, streamlined checkout experience. This sleek addition integrates directly with any e-commerce website, creating an uninterrupted checkout that maintains the look and feel of the host’s design. The solution offers complete control to the seller while offering PCI compliance and state-of-the-art fraud protection. Adaptable and secure, Inline Checkout is the hosted platform that provides online sellers with the most flexibility and support in one package.
Green Dot Corporation today announced a new reload technology and consumer process designed to improve the retail cash reloading experience for its millions of Green Dot Reload Network users. Reload @ the Register™ is powered by Green Dot’s highly scalable and market-proven “SwIT” (Swipe Interface Technology) functionality. This real-time technology is designed to make reloading cash onto a prepaid card faster, more convenient, more efficient and more intuitive for the customer than using a paper reload “chit,” which is a method commonly used today by Green Dot and other competing reload network providers. Green Dot’s SwIT technology hit a major milestone in 2012 when it joined Walmart Rapid Reload™ and will now roll out to most of Green Dot’s other retail partners by the end of 2014.
Companies, utilities, government entities and nonprofits that accept electronic payments from their customers can now collect those funds on-site with new E-Payment Service Kiosks from U.S. Bank Global Treasury Management. Similar to an ATM, U.S. Bank’s E-Payment Service Kiosks are customizable, free-standing units available to businesses, nonprofits, utilities and other billers that want to give their own customers the option to conveniently and securely pay bills on the spot.
Square launched its software partner platform, collaborating with third parties to build new applications that complement Square’s suite of business services. The launch extends Works with Square, a program launched earlier this year to connect customers with more tools for their businesses. The new Xero integration is Square’s second available in the U.S. Since November, thousands of sellers have been saving time and improving accuracy with Square’s integration with QuickBooks, seamlessly importing their Square sales data into QuickBooks each day. “The Square/QuickBooks integration couldn’t have come at a better time for our growing business. It has been nothing short of a miracle and has given us so much time back.” says Jess Hughes of Tad Hughes Custom Fit Studio in Houston.
Green Dot Corporation announced a new reload technology and consumer process designed to improve the retail cash reloading experience for its millions of Green Dot Reload Network users. Reload @ the Register is powered by Green Dot’s highly scalable and market-proven “SwIT” (Swipe Interface Technology) functionality. This real-time technology is designed to make reloading cash onto a prepaid card faster, more convenient, more efficient and more intuitive for the customer than using a paper reload “chit,” which is a method commonly used today by Green Dot and other competing reload network providers. The Green Dot Reload Network was invented in 2002 as the prepaid industry’s first cash reload service. Today, The Green Dot Network is America’s leading reload network used by all Green Dot Bank programs and also by more than 150 other banks and prepaid program managers in order to facilitate cash reloads to their respective program’s cards.
iPayment announced their financial results for the three months and twelve months ended December 31, 2013. For 4Q/13, the Company processed $5.3 billion of total transaction volume, an increase of 1.0% from the same period of 2012. In the fourth quarter, the Company processed 82.9 million transactions, an increase of 2.0% from the fourth quarter 2012. Total revenues increased by 0.2% to $169.2 million for the fourth quarter of 2013 from $168.9 million for the fourth quarter of 2012.