CSR Makes Available ACH Payment Option

CSR data compliance solutions added the ACH functionality as an alternative billing method, making receivables easier, and creating an opportunity for reseller clients of CSR’s PCI ToolKit™ program for merchant PCI compliance and the CSR Breach Reporting ToolKit™ (BRT) data breach reporting service for all organizations to collect revenues from clients should they leave the reseller for another payments provider. The ACH Network, managed by NACHA, provides a safe, secure, and reliable network for billions in direct payments and is commonly used by consumers for insurance premiums and mortgage payments. ACH transactions for CSR services will mean confidence and convenience for merchants.

Heartland Payment Net Income Soars Y/Y

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Heartland Payment Systems payment processor posted 2Q/12 net income of $17.8 million and an adjusted net income of $20.3 million, compared to the year ago period of $13.6 million. Meanwhile the transaction processing volume was $18.6 billion, up 6.2% from 2Q/11, the quarterly net revenue was $135.3 million, up 10.7% and…

Fiserv Posts 2Q/12 Revenue Up 3% Y/Y

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Fiserv financial services technology solutions posted a 2Q/12 revenue of $1.10 billion compared with the year ago figure of $1.07 billion while adjusted revenue was $1.03 billion, compared with the year ago figure of $1 billion for an increase of 3%. Throughout 1H/12, revenue was $2.21 billion compared with $2.11 billion…

American Express and Twitter Launch Social Media Tutorial

American Express launched its “Social Media Show + Tell” series, adding tutorial videos explaining how small businesses can leverage Twitter to extend their brand influence. American Express offers an enhanced LinkedIn user group for small business professionals, Business Knowledge Share, in conjunction with the Head of Agency and Brand Advocacy at Twitter. The videos offer a step-by-step tutorial for group members that include insight into the value of increasing followers, the purpose of hashtags and how to successfully share a message in 140 characters or less. The Social Media Show + Tell video includes how to tweet, retweet, connect with the audience and maximize presence.

Chase Ink Cardholders Get a Boost in Rewards

Ink from Chase Card Services launched its enhanced rewards program for the Ink Plus credit card, allowing cardholders to accumulate customized points quicker for their small business, featuring five points per dollar spent at office supply stores and on cellular phone, landline, Internet and cable TV services; two points per dollar spent at gas stations and hotels, and one point on all other spending. The “Ink Plus” program lets cardholders earn five points per dollar on the first $50,000 in annual spend at office supply stores and on cellular phone, landline, Internet and cable TV services and two points per dollar on the first $50,000 in annual spend at gas stations and on hotel accommodations when purchased directly with the hotel. Also, Ink cardholders can earn one point per dollar on all other card purchases, with no limits. Given points don’t expire, they enjoy a 1:1 points transfer to leading airline and hotel loyalty programs and 20% off airfare, hotels, car rentals and cruises when they redeem for travel through the ‘Ultimate Rewards’ rewards program.

Gilbarco Veeder-Root and Wayne Integrate Isis mPayment

Isis mobile commerce joint venture created by AT&T Mobility, T-Mobile USA and Verizon Wireless announced Wayne, a GE Energy Business, and Gilbarco Veeder-Root will provide integrated support for the Isis “SmartTap” mobile commerce app. Allowing consumers to quickly and efficiently pay, present loyalty cards and redeem offers with a single tap of their Isis Ready phones at the gas pump, Gilbarco Veeder-Root’s modular payment architecture will be equipped to accept SmartTap, factory-installed fuel dispensers and retrofitted fuel dispensers currently installed at convenience stores across the country.

TD Bank Deploys Fiserv ePayment

Fiserv financial services technology solutions announced TD Bank will implement its “CheckFree RXP” electronic bill payment. The “CheckFree RXP” will provide TD Bank customers more control over their bill payment tasks and will enable them to receive e-bills from more than 400 national and local companies directly within their online banking service. It allows TD Bank customers access to Fiserv electronic billing and payment for next business day delivery of most payments and bill payment for tens of millions of consumers and is offered by 3,800 financial institutions, a number that increases each month.

ROAM Data Launches Mobile Software Developer Kit

ROAM Data mcommerce platform introduced its software developer’s kit to simplify integration of card-present mobile payments into applications for iPhones, iPads and Android devices. ROAM’s developer kit supports mobile commerce-based apps development for a range of applications including invoicing, accounting, and retail point-of-sale. The kit includes Roam Card Swipers for development and testing; the ROAMpay Swipe application programming interface for card swiper; the ROAMpay API for ROAM commerce platform; the ROAMpay API for boarding merchants on the ROAM commerce platform; and a Test Account to develop and test applications.

Western Union Revenue Up 4% Y/Y

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Western Union posted 2Q/12 revenue of $1.4 billion, up 4% from the year ago period, and an operating margin of 24.3%, compared to the year ago figure of 25.7%. Consumer-to-Consumer operating margins were consistent with prior year. The decrease in consolidated operating margin compared to prior year was primarily due to…

Euronet Posts 2Q/12 Revenue Up 8% Y/Y

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Euronet Worldwide electronic payments provider posted 2Q/12 results, with total revenues of $302.4 million, up 8% from the year ago figure of $279.8 million. Net income attributable to Euronet was $5.7 million, compared to the year ago figure of $11.9 million while transactions totaled 570 million, a 13% increase from 503…

MasterCard Priceless Cities Expands to Chicago

A one-stop source to access reservations at top restaurants, first-class shopping experiences and sporting events tickets is now available through MasterCard Priceless Chicago. The Priceless Cities program is designed to bring consumers closer to their passions through exclusive experiences and privileged access throughout the Chicagoland area. The Priceless Cities program has also been extended to London, Toronto and Beijing to give cardholders new ways to discover some of the world’s global destinations. The priceless experiences to MasterCard cardholders include opportunities to have lunch with a current Chicago Cubs player or participate in pre-game batting practice activities; Gilt City offers for coveted Chicago culinary experiences including a prefix vault dinner for two at The Bedford and a special Omakase 10-course chef’s dinner for six with sake and wine pairings at Arami; and unique access to the annual Magnificent Mile Shopping Festival presented by MasterCard.

Visa Campaign Generates Olympic Support Worldwide

Visa kicked off its social marketing campaign, generating national support from countries far and wide through Facebook, Youku and Sina-Weibo in China, VKontakte in Russia, YouTube and Twitter (US). This will inspire Team Visa athletes at the London 2012 Olympic and Paralympic Games. Since the campaign launched in May, fans have cheered in the form of liking the Visa Facebook page, submitting photos, videos and text cheers and performing one-click cheers through Visa’s Cheer application on Facebook, viewing and sharing video content on YouTube, as well as including the campaign’s hashtag (#VisaGoWorld) on Twitter (@TeamVisa) and cheering through partner websites. The campaign has seen 1.9 million fan “Likes” on Visa’s Facebook page; 400,000 cheers for 69 Team Visa athletes in the form of a one-click cheers and text, photo or video submissions; and 25.7 million views of Visa’s Go World commercials, behind-the-scenes athlete content and consumer-generated cheer videos.