KOAMTAC
CardWeb.com’s CardData database of Company Profiles today features KOAMTAC.
Card-Based Life Ins
In a payment card industry first, Clements Worldwide and the State Department Federal Credit Union (SDFCU), have teamed to offer a credit card-based term life insurance program.
Heartland & Restuarants
NJ-based Heartland Payment Systems has introduced a mobile and online ordering solution for restaurants of all sizes. Heartland Mobile and Online Ordering, in partnership with ToGoTechnologies, provides restaurateurs and consumers alike a convenient ordering experience that has previously been enjoyed only by large restaurant brands and their customers.
RapidAdvance and Humboldt Partner
RapidAdvance has partnered with Humboldt Merchant Services to offer
small business merchants a cash advance solution for working capital
needed to expand their businesses. The cash advance solution allows
repayment from the borrowing business at an agreed upon percentage of
its future credit card receivables which is automatically transferred to
RapidAdvance until the contract obligation has been satisfied. The
program provides unsecured loans, for which 80% of applicants are
approved, and is designed to allow businesses the funds needed to
purchase such necessities as new inventory, new POS systems, seasonal
opportunities or reduce other financial obligations. MD-based
RapidAdvance provides businesses quick funding to merchants while
Humboldt Merchant Services provides businesses credit card processing to
organizations throughout the U.S.
Checkgateway Offers Strong Reseller Incentives
Phoenix-based Checkgateway is now offering resellers a 60/40 split above the buy rate for the life of the contract for new merchants through September 30th, instead of the usual 50/50 split above the buy rate. Checkgateway offers ACH processing, credit card processing, recurring billing solutions, FraudChek weighted scoring system, ChekNow, which converts paper check to an electronic check at the point of sale and a 24/7 merchant center. Checkgateway provides Automated Clearing House (ACH) payment processing.
CO-OP Network Signs NC-based Coastal FCU
CA-based CO-OP Network has signed one of the largest credit unions in the Southeast to provide full ATM, PIN POS and signature debit processing services. Under the agreement, CO-OP Network will provide full ATM, PIN POS and signature debit processing for Coastal FCU, providing its membership with surcharge-free access to 375 CO-OP Network ATMs throughout the Tar Heel state and more than 19,000 nationwide. CO-OP Network (www.co-opnetwork.org), established in 1981 and located in Ontario, Calif., is wholly-owned by its credit union shareholders and provides volume discounts on products and services that include risk management as well as debit and deposit access.
Austrian Olympic Card
IDT Corporation is proud to announce that IDT’s European subsidiary, IDT Europe B.V.B.A., has been selected by the Austrian Olympic Committee as the official carrier and prepaid phone card supplier for Austria in the 2000 Olympics to be held in Sydney, Australia.
IDT is a leading multinational carrier, telephone company and Internet Service Provider.
“It’s great. I feel like we’ve just won an Olympic Gold Medal in telecommunications,” said Howard Jonas, IDT’s Chairman and CEO. “Clearly, this means that the European community recognizes IDT as one of the leading telecommunications companies on the continent.”
As part of its official duties, IDT will produce and supply the Austrian Olympic Committee with commemorative prepaid phone cards bearing the official seal of the Austrian Olympic Committee and both the Sydney 2000 and IDT logos. The phone cards will be sold by the Austrian Olympic Committee throughout Austria and southern Germany.
“Since establishing IDT Europe two years ago, we’ve worked relentlessly at building out our network and providing the highest quality and most reliable communications services to the people of Europe,” said Yoav Krill, IDT’s Senior Vice President and Managing Director for Europe.
The phone cards will be made available in varying denominations of the Austrian Shilling, and may be used throughout Europe and Australia to call just about anywhere in the world.
In July of this year, IDT Europe announced that its Unity card, the Company’s flagship pan-European calling card product, was expanding into four additional countries, including Belgium, Ireland, Sweden and Spain. This expansion made IDT’s prepaid phone cards available in nine European countries and will enable it to continue to be one of the most successful prepaid calling cards in the European market.
“IDT is very pleased with its success in the European marketplace, and we hope to achieve similar success throughout the world,” said Jim Courter, IDT President and Vice Chairman. “Our goal is to be the global leader in telecommunications.”
IDT Europe B.V.B.A., through its subsidiaries and affiliates, has offices in nine European countries and provides its customers with competitively-priced wholesale carrier services and retail products. It also operates a network of data center operations in major European business centers and has announced plans to begin operations in Milan and Stockholm later this year. IDT is a leading facilities-based multinational carrier that combines its position as an international telecommunications operator with its experience as an Internet service provider to provide a broad range of telecommunications services to its wholesale and retail customers worldwide.
Through its own telecommunications backbone and network infrastructure IDT provides its customers with integrated and competitively priced international and domestic long distance, pre-paid calling cards, Internet access and Digital Subscriber Line (DSL) service. The Company’s Ventures division is developing several innovative telecom and Internet related businesses.
Affinity Prepaid Phone Cards
TresCom International Communications announced today that its new “Win-Win Affinity Program” with non-profit organizations has been so successful that the company is rapidly expanding the program both domestically and offshore.
TresCom’s WIN-WIN Affinity programs are each custom designed to meet particular organization’s specific needs. For example, Swedish American Chamber of Commerce members consolidate buying power and achieve incredibly low rates on long distance service to Europe. According to Chamber Executive Coordinator, Peter Persson, “While the chamber is pleased to earn the commission, the important thing is that we provide a valuable service to members. The rates TresCom provides members to Sweden are extremely competitive”.
“The beauty of our Win-Win programs is that non-profit organizations win by raising funds and getting great telephone rates while TresCom signs more subscribers for its long distance and prepaid phone card services”, said TresCom’s Community Development Manager Kathy Haines. A percentage of revenues from participant’s long distance service is returned directly to the non-profit organization. Meanwhile, other non-profits ranging from elementary schools to community associations can keep up to 50% of the proceeds from prepaid calling cards sold as fund-raisers.
The latest non-profit organization to participate in The WIN-WIN Affinity Program is “Amigos Together for Kids”, a charitable organization whose mission is to bring joy and assistance to South Florida’s most disadvantaged children. Other “WIN-WIN” Programs are being designed and launched all over the United States, Puerto Rico, and the Virgin Islands to help church organizations, chambers of commerce and other associations.
TresCom is one of America’s fastest growing facilities-based international communications companies with service to more than 230 countries. While building its network worldwide, TresCom specializes in the dynamic and profitable Caribbean and Latin American markets and strategically has secured an equity position in every major submarine fiber optic cable serving the region. The company offers a broad array of competitively-priced services, including international and domestic long distance, travel and prepaid calling cards, operator services, call centers, and frame relay service.
Cap One Names Intl Point Exec
Capital One hired Canada Trust exec Alan Wolfson yesterday to guide the expansion of card opportunities in Continental Europe.