Western Union prepaid cards are now available at more than 7,400 Family Dollar locations in 45 states, offering the award-winning Western Union® Gold Card MasterCard and the Western Union® Telemundo MasterCard to customers. Both of the cards can be used anywhere debit MasterCard is accepted, including at ATMs and for online shopping and can be reloaded at more than 60,000 retail locations, including Family Dollar stores and 46,000 Western Union Agent locations throughout the U.S. Cardholders can also receive funds on their card via payroll or government benefits direct deposit; a Western Union Money Transfer directly onto the card; or transferring money to the card from a bank account.
BMW Bank of North America is re-launching a new, three-tiered BMW Credit Card program with an expanded Visa credit card collection. The BMW Card, the BMW Signature Card and the BMW Ultimate Card – issued by the BMW Bank targets existing cardholders, introducing them to the new program and, where applicable, inviting them to upgrade to another tier, all without changing their account numbers. Cardholders will have access to a range of premium reward redemption options developed from customer feedback and realigned with the BMW brand, including enhanced point earnings and a broader array of redemption levels.
KashFlow cloud-based accounting software company has appointed seasoned software CEO Raj Patel as Vice Chairman. Following 5 years as CEO of global business software company, Exact, Raj has been working with KashFlow for the past nine months in an advisory position and bought an equity stake in the accounting software business. The support for the Executive team that Raj will bring will allow Founder and CEO Duane Jackson more time to investment in youth startup projects.
VeriFone and Fujitsu have partnered to offer retailers sophisticated mobile retailing solutions powered by VeriFone GlobalBay and integrated with the Fujitsu GlobalSTORE solution. The co-branded solutions provide Fujitsu retail customers with a sophisticated mobile POS, enabling retailers to serve consumers from anywhere in the store. Retailers are looking to mobile solutions to increase revenue, improve store operations and enhance the consumer shopping experience. Retailers are relying on their trusted partners to help them make sense of and capitalize on this new world of mobile.
[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] The Discover U.S. Spending Monitor increased 6.8 points from September to October, the largest one-month increase in the history of the Monitor. The percent of consumers rating the U.S. economy as good or excellent increased to 18 percent in October, up 5 percentage points from September 2012 and 11 percentage points…
Western Union global payments and EZCORP instant cash solutions forged partnership agreements under which Western Union Money Transfer, money order and consumer bill payment services will be available at over 900 EZCORP-operated store locations in the United States. Western Union money transfer services also will be available at more than 300 EZCORP-operated store locations in Mexico and Canada. EZCORP operates more than 900 locations in the United States under various brand names, including EZPAWN, Value Pawn & Jewelry and EZMONEY.
DataCash jointly developed with MasterCard and EPoS provider Zonal and Coherent+ portable ePOS terminals. With payments managed using MasterCard integration and the DataCash Payment Gateway, the terminals will reduce waiting times in pubs, bars and restaurants. Customers can make payments very simply and quickly by conveniently tapping their card on a terminal, without the overhead of entering a PIN. Convenience is at the heart of this solution as all employed staff will carry these portable terminals on a belt clip meaning that customers have the option of paying for their services on the go from their desired location. The light weight, water resistant terminals, with robust wireless communication to the base station, will be carried by every member of the bar staff who interacts with customers, removing the need for bar staff to wait for a terminal to becoome available.
Primax debit and credit card issuing and merchant acquiring programs, products and services partnered with Four Points Federal Credit Union (FPFCU) to implement and provide support services for the credit union’s credit card issuing program. FPFCU is a $121.6 million asset, 7,975-member credit union that serves employees of agricultural cooperative organizations throughout the Unites States, including units of the Cooperative Farm Credit System and local and regional farm supply and marketing cooperatives.
[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] FIS banking and payments technology posted a 2.8% increase in revenue for the quarter ended September 30, 2012. On an organic basis, revenue increased 5.0%, excluding the impact of acquisitions and foreign currency, continuing the trend of organic growth approaching 5.0% or better in seven of the last eight quarters. Organic…
FIS banking and payments technology joined The Multos Consortium of blue chip organisations responsible for the promotion and development of the Multos smartcard specifications. The MULTOS Consortium is a group of globally based, industry-wide companies, whose remit, in part, is to develop, manage and promote MULTOS and the MULTOS product specifications for smartcards. As a Partner Member, FIS will participate in the MULTOS Business and Technical Advisory Groups, allowing them to play a prominent role in the development and growth of the MULTOS specifications.
Elavon global payments solutions provider is set to launch the Ingenico “Telium2” series countertop and wireless terminals as part of a strategic move to scale its global relationship with Ingenico. Elavon has successfully completed the Class A certification of Ingenico’s Telium2 iCT2xx and iWL2xx series terminals and software application. The certification covers the iCT220 and iCT250 countertop terminals. The iCT220 and iCT250 terminals will be available to Elavon’s customers nationwide as stand-alone countertop solutions or in conjunction with Ingenico’s external iPP220 & iPP320 PIN Pads. The iCT2xx and iWL2xx terminals will provide Elavon’s customers everywhere with a solid foundation to offer payment and value-added services to their customers on a platform that supports EMV, contactless, and NFC technologies. The two companies are also leveraging Ingenico’s IngEstate tool terminal management platform.
HP launched the “PowerCARD” payment management software, offering customers a card payment solution across Europe, Middle East and Africa. This solution complements HP’s existing card services utilities which are already available to clients in the Americas and in the Asia-Pacific regions. The HP “AllianceONE” partner payment software company currently provides card, ATM and POS management systems for over 320 financial institutions in 70 countries and is through which HP and HPS will jointly offer outsourced payments solutions based on PowerCARD software in the Europe, Middle East and African (EMEA) region. HP offers a broad solution set for both in-house processing and outsourced services and works with clients globally to define the appropriate strategic fit for their cards and payments business.