Live Gamer digital commerce and advertising platform for the interactive entertainment industry added PaymentOne to its platform to expand global mobile payment options. PaymentOne’s AnyPhone platform offers end users the simplest means possible for making in-game purchases with their mobile phones. With this, PaymentOne becomes an integrated payment provider in Live Gamer’s platform, enabling AnyPhone as a mobile payment option for Live Gamer’s impressive list of customers. With flexibility to simply charge one time transactions and/or recurring subscriptions to mobile, landline and broadband bills, PaymentOne’s AnyPhone provides high conversion rates, payouts and fast payment cycles.
Terremark received certification that six of its cloud-enabled data centers are compliant with the PCI DSS version 2.0. Terremark’s commercial and government customers that process credit card transactions can manage and house their business-critical applications knowing the supporting infrastructure is protected at the industry-recognized standard for payment-card security. Terremark underwent an extensive evaluation of its policies, procedures and technical systems by a third-party qualified security assessor. The examination also included on-site assessments and an audit of Terremark’s system wide vulnerability scan program at these data centers. Terremark data centers also achieved various other certifications and are backed by stringent Service Level Agreements (SLAs) and are supported by a number of redundant subsystems designed to alleviate single points of failure throughout the delivery path.
T-Mobile USA committed to small business as the first wireless carrier to offer Square credit card readers from San Francisco-based Square, Inc. in select retail stores. When T-Mobile’s 4G smartphones running on its 4G Network are combined with Square, small businesses can accept credit card payments in the U.S. nearly anywhere, anytime, with the money from transactions sent for deposit into their bank accounts the next business day. Paired with T-Mobile’s affordable small business plans, aggregated business applications, equipment financing and trade-in services, and in-store support, this allows small businesses to maximize their wireless investment and transform their business.
Xsolla gaming payment options partnered with ZipZap alternative payments. ZipZap’s “CashPay” payment option lets those without bank accounts or credit cards pay for virtual currency in their favorite games using their extensive cash payment network, which includes over 700,000 payment centers worldwide. At least 50% of the gamer population, especially tweens and teens, do not have access to traditional financial services. Others prefer to pay with cash because they are concerned about credit card safety and privacy of their personal information. ZipZap’s CashPay is currently available as a payment option in Heroes of Newerth (S2 Games), Social Networks Vkontakte and Odnoklassniki, and other games.
The New Hampshire legislature is debating a bill that would limit credit and debit card fees to 1% for state-charted banks. Local merchants are charged fees of 0.65% to 4.76%, of which they are not informed until receiving their credit card statements. Federal law already limits interchange fees to 21 cents plus four basis points, but only for banks with $10 billion in assets. In New Hampshire this includes Bank of America, TD Bank, Citizens Bank and Sovereign Bank. This bill would ensure a federal cap for large national banks, a state cap for small state-chartered banks, and no cap at all for smaller federally chartered banks.
Stephen Van Horne has been appointed CFO with Xignite financial market data cloud provider. Van Horne is an experienced Silicon Valley veteran with more than 18 years of building and scaling finance, legal, HR, and operations organizations to support high growth companies. He is an expert at building and strengthening capital structures, establishing internal controls and policies, and many other aspects of the role. This after he was CFO of RockYou and worked for Yahoo! in corporate finance and as vice president of operations finance.
eSecuritel, a Brightstar company, announced that Cricket Communications, Inc. will offer for sale eSecuritel’s device protection program to its subscribers across 35 states, starting in the second quarter, 2012. Cricket wireless services chose the Brightstar subsidiary to provide device protection to its customers who pay in advance as well as those who purchase a prepaid block of days or minutes, under its Cricket PAYGo program. With the Brightstar and eSecuritel solution, Cricket representatives will have access to real-time customer information through eSecuritel’s Handset Issue Tracking System (HITS™) to service device protection customers, as well as monitor the program’s performance.
J.P. Morgan Treasury Services, a full-service provider of cash management, trade finance and treasury solutions, announced the completion of its Electronic Bank Management (eBAM) central utility pilot (E-CU). One of only four banks to participate, J.P. Morgan successfully implemented the program with three major clients – MetLife, Fujitsu, and SWIFT Treasury.
Card Payment Direct is continuing its $500 Rate Guarantee Program through 2012 and into the future. This exciting and industry changing $500 Rate Guarantee Program simply promises a prospective merchant that if Card Payment Direct cannot lower their current rates, a check for $500 will be issued to them for simply allowing CPD to do a comparative statement analysis. This program truly creates a “win-win” situation for any merchant that takes part in it, either the prospective customer will be able to realize specific rate and fee categories where they are overpaying with their current processor or they will earn $500 and the peace of mind knowing that they have the lowest possible rates and fees.
VPcard deployed its www.VPcard.com free network for facilitating business-to-business (B2B) transactions. The network consists of an interconnected group of customers and their vendors that allows tracking of p-card purchases, improves transaction visibility, increases spend control, and eases monthly credit card statement reconciliation. It allows organizations to avoid the expense and delay of issuing formal PO’s for frequent purchases involving small transaction amounts. The VPcard Network also supports non-PO purchases that are paid by Accounts Payable departments, allowing vendors to avoid transaction fees while their customers gain the efficiency of paperless invoices and automated payment.
Procare Software’s Tuition Express payment processing service has achieved the Payment Card Industry’s Data Security Standard Level 1 for the fifth year in a row as a Level 1 Service Provider. Earning the Certificate for 2012, the audit was conducted by Coalfire. Tuition Express has processed over 12 million credit card and ACH transactions, totaling nearly $4 Billion in payments for its customers. Fully integrated with Procare Software – the nation’s number one selling child care management system – Tuition Express automatically posts payments to customers’ ledger cards and sends customers automated emailed receipts.
Jack Henry & Associates’ “ProfitStars” division announced that The Bank of Georgia has implemented its Gladiator Social Media Compliance (SMC) Services. This will assist in proactively managing the risks associated with social media platforms, offering outside counsel on how to develop and launch an effective social media strategy that would comply with all regulatory mandates. The Bank of Georgia uses Gladiator’s security expertise to organize its informational security policies, so it was confident in relying on Gladiator to provide similar guidance on social media compliance.