cologne-based Archives • CardFlash® - Payment Card Industry News

Kreissparkasse Köln to Outsource ATMs to Wincor Nixdorf

10, Country, GERMANY, PriorityBy Robert McKinley 05/18/2011

Kreissparkasse Köln will be taking delivery of new ATMs, cash recycling systems and account statement printers from Wincor Nixdorf, and plans to install primarily devices from the new CINEO system generation. The operation of the systems will be outsourced to Wincor Nixdorf’s subsidiary Prosystems IT,which has been responsible for decentral operation of the bank’s information technology since 2004. The installation of 80 automated teller machines, four cash recycling systems, 70 automated teller safes with recycling functionality and ten account statement printers will begin in mid 2011 and continue successively through 2013. All the systems will be integrated in Kreissparkasse Köln’s self-service network.

REWE Supermarkets Deploy 30,000 Hypercom Pads

8, Country, GERMANY, PriorityBy Robert McKinley 01/20/2011

REWE Supermarkets will deploy 30,000 Hypercom ” Artema” Hybrid PIN Pad payment systems within the next 30 months, initially with 10,000 systems. The “Artema” Hybrid PIN Pad will work in tandem with POS Partner GmbH’s POSCardZVT POS terminal software. The PIN pad focuses on providing fast and reliable card payments using a single slot “hybrid” card reader and secure integrated PIN Pad for magnetic stripe and chip card transactions. It was the first terminal to be certified according to the TA 7.0 chip-card specifications, recently introduced by the Zentraler Kreditausschuss (ZKA) German banking association.

EGK

5, Country, GERMANY, PriorityBy Robert McKinley 04/21/2010

Card processor TeleCash GmbH & Co. KG, and GroBbecker & Nordt
BUrotechnik Handels GmbH, an IT services provider to surgeries and
dental practices, have delivered and
installed more than 500 electronic health insurance card (eGK)
readers at dental practices in the North Rhine region during the last
quarter of 2009. The rollout of the Electronic Health Card (eGK) in Germany is one of the
biggest technology projects ever undertaken in the German healthcare
sector and will affect thousands of doctors, dentists, pharmacists and
healthcare clinics, which will have to invest in new card acceptance
devices. TeleCash has equipped doctors, pharmacists and hospitals with
card payment terminals since 1990 and, supported by a nationwide
infrastructure, offers a range of solutions specifically designed to
meet the needs of customers impacted by the launch of the eGK.
TeleCash chose Hypercom terminals to equip the practices. GroBbecker &
Nordt, which supports around 1,000 dental surgeons running CompuDent
surgery software in Cologne, Bonn and DUsseldorf, installed the readers
and integrated them into practices’ legacy administration systems.

PAGO 4Q/07

5, Country, GERMANY, PriorityBy Robert McKinley 01/31/2008

Pago eTransaction Services is reporting an expansion of its international partner network
in addition to its total transaction volume. Emphasizing
this
development, the organization is showing an increase in clearing volumes
by over 20% while sales partners in the company’s “Partner Program” are
producing a growth of about 12%, resulting the deployment of over 8,000
terminals. Pago was founded in 1999 by Deutsche Bank AG, serving over
6,000 internet, mail order and in-store merchant clients.

Pago to Offer Giropay Next Month

5, Country, GERMANY, PriorityBy Robert McKinley 03/07/2006

Cologne-based Pago will offer “giropay,” a new payment
method similar to the online bank transfer, beginning in April. “Giropay” is based on conventional home banking procedures, allowing consumers to pay for online purchases by directly initiating fund transfers directly using familiar PIN and TAN procedures. A consortium of German banks including the PostBank, the Sparkassen Finanzgruppe (Association of German public sector savings banks) and the IT service providers for the Volksbanks and Raiffeissenbanks, Fiducia IT and GAD, has developed the new payment method which was officially unveiled in mid-February. The Pago “Online Bank Transfer,” which has been available since 2003, is also based on the PIN/TAN procedures and can be used by customers of over 2,000 banks in Germany.

Pago Moves its Focus to Credit Cards

5, Country, GERMANY, PriorityBy Robert McKinley 02/25/2005

Cologne-based Pago is putting the credit card at the center of its payment and risk management service portfolio. The change has been driven by the findings of a 2004 Pago study which concluded that the credit card is the No. 1 payment method in global E-commerce. Pago is both an acquirer and a provider offering a wide range of services to enhance credit card transactions.

Pago Tackles Chargeback and Fraud for CNP Transactions

5, Country, GERMANY, PriorityBy Robert McKinley 06/24/2004

Cologne-based Pago has launched “Pago Fraud Screening” to minimize fraud risk and charge-backs associated with online credit card transactions.
Both credit card data and the other customer information are analyzed in real-time and the fraud risk is assessed using the five-tier “ebitGuard” system. The five tiers include: the transaction is checked against fraud detection rules specific to the shop’s business processes and/or industry; neural networks detect fraudulent behavior and fraud patterns; the credit card number is compared to negative lists of the card organizations and merchant-specific databases; pattern detection engines that detect specific fraud patterns are utilized; and, charge-back and other historical data are used as feedback for ongoing development of rules and models. Pago eTransaction Services GmbH was founded January 1999 and is jointly-owned by Deutsche Bank and Beisheim Holding Schweiz.

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Tag Archives: cologne-based

Kreissparkasse Köln to Outsource ATMs to Wincor Nixdorf

REWE Supermarkets Deploy 30,000 Hypercom Pads

EGK

PAGO 4Q/07

Pago to Offer Giropay Next Month

Pago Moves its Focus to Credit Cards

Pago Tackles Chargeback and Fraud for CNP Transactions