e-debit Archives • CardFlash® - Payment Card Industry News

E-Debit Launches Secured CNP Payment

10, CANADA, Country, PriorityBy Robert McKinley 11/02/2011

E-Debit Global Corporation announces the development of E-Debit International Inc.’s “Smart Grid” secured Card-Not-Present payment process. With our previously announced EMV SCD Code certifications (the payment and security standard for interoperation used for authenticating credit and debit card payments at chip enabled terminals developed for payment systems by Europay, MasterCard and Visa and introduced by the Interac Network) we are now moving our focus to expanding our business development to the “Card-Not-Present” wireless and Internet market place utilizing our EMV experience. stated Doug Mac Donald, E-Debit’s President and CEO.

E-Debit Global Inks MoU to Expand ATM and POS Network

10, CANADA, Country, PriorityBy Robert McKinley 09/19/2011

E-Debit Global Corporation has entered into a signed memorandum of understanding to expand its national ATM and POS independent sales organizations (ISO) network. E-Debit Global Corporation (WSHE) is a financial holding company in Canada at the forefront of debit, credit and online computer banking. Currently, the Company has established a strong presence in the privately owned Canadian banking sector including Automated Banking Machines (ABM), Point of Sale Machines (POS), Online Computer Banking (OCB) and E-Commerce Transaction security and payment.

E-Debit Global Deploys POS, Sales, Marketing and Processing

10, CANADA, Country, PriorityBy Robert McKinley 06/14/2011

E-Debit Global Corporation commences nationwide point of sale (POS) sales, marketing and processing rollout in conjunction with joint venture partners, Capital Six Corporation, and Great West ATM/POS. While the implementation of POS Processing is anticipated to take the next several months the rollout of our sales and marketing with joint venture partners has commenced. E-Debit Global Corporation (WSHE) is a financial holding company in Canada at the forefront of debit, credit and online computer banking.

E-Debit Global Corporation Finalizes National Marketing Program

10, CANADA, Country, PriorityBy Robert McKinley 06/14/2011

E-Debit, in conjunction with Canadian Interac Association and ACI Worldwide Solutions, has finalized its E-Debit International national marketing program. It has established an ‘end to end’ payment delivery and processing solution built on the foundation of its ATM and POS networks experience. E-Debit worked at building a supporting infrastructure to support the marketing arm at a significant cost to the company. This expands potential in the payment processing and prepaid, debit and credit business space originating in North America and worldwide, based on historic residual revenue experience with the ATM/POS replacement.

E-DEBIT GLOBAL & ATTICUS Commences ATM Leasing Discussions

10, CANADA, Country, PriorityBy Robert McKinley 05/16/2011

E-Debit Global Corporation and its wholly owned subsidiary Cash Direct Financial Services has commenced discussion with Vancouver based Atticus Financial Group (“Atticus”) to expand and roll out a National Leasing program focusing on privately owned Canadian banking sector equipment particularly Automated Bank Machines and POS Terminals. E-Debit Global Corporation (WSHE) debit, credit and online computer banking company has established a strong presence in the privately owned banking sector including ATM/ABM, POS, Online Computer Banking (OCB) and E-Commerce Transaction security and payment.

E-Debit Launched Its Micro Payment and Loyalty Card System

10, CANADA, Country, PriorityBy Robert McKinley 03/18/2011

E-Debit Global Corporation launched and deployed its wholly owned subsidiary E-Debit International Micro Payment and Loyalty Card System and Platform for deployment of the E-Debit loyalty, prepaid and debit Card program. The E-Debit Global Corporation (WSHE) is a financial holding company in Canada at the forefront of debit, credit and online computer banking. It has established a strong presence in ATM, POS, Online Computer Banking (OCB) and E-Commerce Transaction security and payment. It is also a full participating member of the Canadian INTERAC Banking System.

E-Debit Global & ebackup Ink JV

10, CANADA, Country, PriorityBy Robert McKinley 03/09/2011

E-Debit Global has inked joint-venture agreements with ebackup to provide technical and marketing services for ABM, POS, OCB, E-Commerce and other Card Services throughout North America. To “Capital Six Limited” ebackup brings to the table additional owned computer and network infrastructure to create an end-to-end service model and facilitates lower cost placements and processing services allowing for better margins and automated management systems to maintain cost controls. ebackup “Cloud” based PCI compliant data centers and backup service providers offers cost effective and secure data asset protection through automated solutions that are fully scalable to its customer’s needs while E-Debit Global manages debit, credit and online computer banking.

FIS

5, CANADA, Country, PriorityBy Robert McKinley 12/20/2010

E-Debit Global Corporation has received Canadian Interac Association terminal certification for its “EMV XCE 3.0.0.0” application software and “V03.00.00W” application Kernel. The Company also has been granted Interac for its ‘Switch’ certification enabling all Canadian Interac card products with the chip embedded security to be utilized in all bank machines processed through its payment processing platform. Its processing is conducted by its wholly owned subsidiary Westsphere Systems (“WSI”). E-Debit Global Corporation (WSHE) is a financial holding company in Canada overseeing debit, credit and online computer banking.

CUP & MEPS

5, Country, MALAYSIA, PriorityBy Robert McKinley 12/03/2007

China Unionpay(CUP) and Malaysian Electronic Payment System (MEPS)
have partnered to launch an ATM cash withdrawal service in Malaysia. This
partnership will provide Chinese visitors to the country with access to
funds
when using the CUP card and is made possible with the 3 member banks
participating in the agreement, including Hong Leong Bank, Maybank and
Public Bank. With this solution, MEPS & CUP aim to extend coverage
with all 15 member banks to 6,000+ ATMs before 2009 and hopes to
refine the offering with 2 new initiatives soon thereafter.

MEPS & ACI

5, Country, MALAYSIA, PriorityBy Robert McKinley 06/26/2007

The Malaysian Electronic Payment System (1997) Sdn Bhd (MEPS)
has extended its relationship with ACI Worldwide through the completion
of “BASE24 Release 6” software upgrade for electronic payments. The
completion of the software upgrade will allow MEPS to provide cross-
border ATM services and meet compliance with the ATM and e-Debit
switching network. ACI Worldwide currently serves more than 800
customers in 84 countries. MEPS provides shared banking services for
networks, electronic cash payments, such as e-Debit, and has partnerships
with switching networks in the ASEAN countries.

NETS & MEPS

5, Country, Priority, SINGAPOREBy Robert McKinley 06/25/2007

Through its participation in the Network for Electronic Transfers
and its counterpart in Malaysia, the Malaysian Electronic Payment System, the Oversea-Chinese Banking Corporation Limited can now offer its Singapore customers ATM access in Malaysia. The bank’s
participation in the NETS-MEPS agreement allows customers access to over
2,800 ATMs in Malaysia and customers of participating Malaysian banks will have access to 370 ATMs in Singapore. This development is significant considering nearly 9.66 million trips were made from Singapore to Malaysia and 634,000 trips were made from Malaysia to Singapore in 2006. NETS and MEPS offer financial electronic services in Singapore and Malaysia.

InfoSpace e-Debit/STV

5, Country, Priority, UNITED STATESBy Robert McKinley 02/20/2002

WA-based InfoSpace has acquired substantially all of the technology and intellectual property of eCash Technologies and plans to extend its payments expertise to include stored value and e-debit solutions for merchants and financial institutions. InfoSpace says that through advanced encryption and digital signature technology, the debit solution is being designed to be able to authenticate the consumer and merchant, and authorize the payment via secure protocols developed by leading debit card associations. In addition, the solution is being designed to provide consumer identification and real-time verification of funds, allowing merchants to enjoy the equivalent of a “card present” transaction without certain of the fraud and charge-back concerns of “card not present” payments.InfoSpace also plans to offer merchants stored value coupon, incentive, loyalty and promotion services that can be redeemed both online and offline. In the fourth quarter, InfoSpace Merchant services processed more than $1 billion in transactions, up from $700 million reported in the previous quarter.

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