PayAnywhere has unveiled PayAnywhere 3.0 for iPad and PayAnywhere Storefront 3.2. The updates include a variety of features to improve inventory management, speed up the checkout process and more.
MoneyGram signed an agreement with Southeast Bank Limited (SEBL), a Bangladesh-based private commercial bank, and is now offering money transfer services at the bank’s branches across the country. The agreement increases MoneyGram’s presence in Bangladesh, adds it to its growing agent network, and makes the company’s services easier for customers to access. The addition of SEBL to MoneyGram’s agent network in Bangladesh creates an easy-to-access footprint of locations with MoneyGram services.
EnterCard integrated Encap’s two-factor authentication technology into its “re:membercard” mobile app. Ensuring EnterCard’s customers enjoy simple, seamless and secure access to their financial services on the move, in partnership with ID specialist Signicat, this will provide secure two-factor user authentication. Customers will be able to access their services using the app on their smartphone without the need for hardware tokens, SMS passwords, or other one-time passwords. This will provide EnterCard’s customers with an intuitive, convenient experience, and secure authentication without leaving the app.
Ixaris global electronic payments launched its “Opn Card Guardian” payment application to automate corporate purchasing through one-time-use virtual Visa cards. The “Opn Card Guardian” solution lets Companies issue employees company-branded open loop virtual Visa cards that are pre-loaded with funds and configured in various ways to ensure that purchases comply with internal expense control arrangements for reduced reconciliation discrepancies and unauthorized purchases.The first commerce-enabled payment solution that provides open access to the Visa and MasterCard networks and global money transfer networks, “Opn Card Guardian” lets businesses create secure, compliant and flexible payment applications without the cost of legacy platforms.
American Express has been ranked #1 in customer satisfaction among 10 of the largest card issuers in the U.S., according to the fourth annual nationwide study by J.D. Power and Associates. This study was based on customer interaction, billing and payment process, credit card terms, rewards programs, benefits and services, and problem resolution. American Express credits its investments in recent years, focusing on customer service with the âRelationship Careâ approach for building and strengthening customer relationships. Also, services such as the Amex “Money Manager” fee free online service that helps Cardmembers manage their finances and rewards accounts; “Card with Custom Limits” feature providing Cardmembers the ability to set spending limits for Additional Cards on their account; and mobile payments, allowing users to pay their American Express bill on the Apple iPhone and iPod Touch, are all being credited with the JD Power ranking. Additionally, a more engaged workforce has led to greater productivity, lower employee attrition, and higher customer satisfaction.
American Express has launched the free online “Money Manager” to help
charge cardholders manage their finances and rewards accounts on
AmericanExpress.com. Charge cardholders can easily access Money Manager
by logging into their Card account at AmericanExpress.com and providing
username and password information for the financial accounts they want
to manage. Once a cardholder has registered, all their account
information is linked and automatically updated, so they can easily and
securely access all their accounts without having to log in to multiple
individual accounts. Cardmembers also can view charts that automatically
categorize their spending, set budgets, receive alerts to stay on track,
and get updates on their investments. Charge Cardmembers now can link
bank accounts, credit cards, investment accounts, mortgage loans, car
loans, student loans and rewards points from more than 11,000
institutions all in one place through “Money Manager” so that they can
spot ways to spend and save smarter.
VeriFone and MasterCard are offering an online seminar “Payment Application Vendors and PA-DSS” for merchants to manage fraud. The seminar expands MasterCard’s “PCI Merchant Education Program” to provide practical assistance in educating merchants and encouraging the adoption of the Payment Card Industry Data Security Standard (PCI DSS). The online seminar describes the Payment Application Data Security Standard
and its effects on the multiple parties involved, including application
vendors, merchants and resellers and what types of applications
are affected and how they affect PCI DSS compliance. The webinar also covers the risks involved with not being compliant, and talks though steps merchants can take to help achieve compliance today. Since its inception, more than 2,670 registered acquiring banks and merchants have viewed MasterCard’s PCI Merchant Education Program online training
modules more than 5,900 times.
Denver-based IP Commerce is offering payment services powered by PayPal to help small businesses streamline their accounting processes and better manage cash flows. These PayPal services include an email invoicing solution in “PASS Commerce Center” and a “Sales Ticker,” as part of the “PASS Gadget” which can be placed in the “Windows Vista” sidebar. The new services for SMBs are now available in the “PASS Commerce Center.” The solutions leverage IP Commerce’s “IP Payments Framework,” a single platform that provides the framework to enable disparate applications and services to communicate. PayPal’s technology allows small businesses to create and send their customers payment-enabled invoices over email using the “PASS Email Invoicing” service. The invoices include an encrypted payment button that is embedded into the invoice, allowing small businesses to accept payment through their PayPal accounts. The “Sales Ticker” allows PayPal small business users to add an active desktop icon that receives and alerts them to incoming PayPal payments in real-time, without the need to login to their PayPal accounts.
Denver-based IP Commerce announced that AmbironTrustWave will deliver data security services and technologies through the “Payments as a Secure Service” Commerce Center. As part of this agreement, AmbironTrustWave has joined the growing number of commerce organizations working together to deliver commerce services as part of the PASS Consortium. PASS enables business users to perform a wide variety of commerce activities securely from their Windows Vista desktop.Created by IP Commerce, PASS Consortium is comprised of financial institutions and payment service providers working together to promote secure and efficient open financial transactions by leveraging IP Commerce’s IP Payments Framework and Windows Vista operating system. Additional members include: BankServ, Chase Paymentech, CIT Group, Inc., Internet Commerce Corporation, and PayPal. AmbironTrustWave is a global provider of information security and compliance management solutions to businesses and the public sector.
Denver-based IP Commerce and the PASS Consortium have launched the “PASS Commerce Center” for small businesses using “Windows Vista Business” offering credit card processing via Chase Paymentech; financing, including payment protection, small business loans and equipment financing via CIT; remote check deposit service via Banserv; and payment-enabled invoices and online payments vis PayPal. “PASS Commerce Center” services are powered by “IP Payments Framework” from IP Commerce. “IPPF” is a single platform that provides the framework to enable disparate payment applications and services to communicate. “PASS Commerce Center” contains two complementary elements to provide a holistic financial management experience, “PASS Cash Management Center” and the “PASS Gadget.”
MasterCard has launched a new multi-faceted campaign to help merchants protect consumer data. To support deployment of MasterCard’s
“SecureCode” cardholder authentication solution, online merchants are
eligible for lower rates over face-to-face transactions.
MasterCard also announced the global availability of free network
vulnerability scans for merchants. Participating companies include
AmbironTrustWave, Cybertrust, One-Sec, Qualys and SecurityMetrics.
Additionally, the new security campaign includes an educational campaign
that uses advertising, Web content and Webinars to inform merchants
about security issues and resources.
VeriFone and EWI Prepaid have partnered to integrate EWI’s “PinXpress” technology into
VeriFone’s POS terminals throughout Latin America.
“PinXpress” enables consumers to purchase prepaid services, such as wireless, long distance, Internet,
coupons, ticketing, gasoline and utilities, at any retail store at anytime without using hard cards.
With “PinXpress,” stores provide prepaid services via a POS integration that’s tied directly to its
networked cash register system. VeriFone will market the POS terminals that are capable of being
programmed to use “PinXpress” to retailers in Mexico, as well as countries in the Caribbean and South
America, such as Argentina, Brazil and Chile. VeriFone has an approximate 75% market share in the
retail placement of POS terminals in Latin America.