AlphaPoint Technology Data Center Infrastructure Management and IT Asset Management solutions through its “AssetCentral” has acquired SoftPay Solutions. The “AssetCentral” solution uses an SQL database for storage, on-demand content generation, hyper-linking and cascading style sheets to create a highly customizable visualization tool for managing IT assets. This enables integration with real-time power management, auto-discovery, RFID, temperature sensors, and network and system monitoring tools. AssetCentral™ provides “drill-down” asset modeling, capacity planning, change management and business reporting functionality for today’s complex data center environments. Meanwhile, SoftPay’s solution includes an “on-line billing system”, which enables merchants through their own control panel and dashboard to view daily profits, run transaction reports, and to manage customer databases, subscription billing, invoicing and customer notifications using various email tools.
The Small & Medium Business (SMB) segment is increasingly gaining prominence among tech companies such as NCR Corporation. As numerous SMBs are still using back-dated and time-consuming systems for payment, sales tracking and inventory management, records maintenance and key data review, NCR was quick to target this opportunity with its NCR Silver product. As a point-of-sale (POS) software platform, Silver provides easy-to-use and cost-effective cloud-based solutions that enable small business owners and entrepreneurs to manage their payments effectively and helps them to better manage their POS solution. The business platform runs with equal ease on the iPad, iPhone and iPod Touch.
Meracord launched Meracord Payments payment feature for companies to collect debit and credit card payments from customers. Meracord Payments online payment button allows companies to deploy its on their own websites, giving customers an immediate and convenient way to make payments, relieving the service providers of time spent managing the collection of payments and helping increase their bottom line. Meracord Payments integrates seamlessly with Meracord’s robust payment processing platform so that customers can make secure payments directly from their service provider’s website by clicking the Meracord Payments button and walking through a few simple steps.
Clean Power Finance online marketplace for residential solar financing and leading provider of solar sales software announced the appointment of Steve Olszewski to senior vice president, operations. He most recently was senior vice president at Discover Financial Services, where he led the student loans business through the integration of The Student Loan Corporation and later oversaw the largest portfolio acquisition in Discover’s history. He also managed the six-fold growth in the deposits business, which became the company’s largest funding source. Steve also led underwriting and servicing operations for GMAC’s auto insurance business and held operations strategy roles at Capital One. He holds an MBA from Northwestern’s Kellogg Graduate School of Management.
PayLane now allows shops built on Magento and osCommerce platforms to accept credit and debit cards, PayPal, Giropay, iDEAL and many more, and accept payments in 160 currencies from over 50 countries all over the world. The installation of the plugin takes only a few minutes and allows PayLane clients to process payments instantly. PayLane now offers a plugin for WordPress, which is a platform best known among bloggers. Both the platform and the plugin differ from standard e-commerce solutions. Using the PayLane plugin allows to prepare an easy-to-use system that enables readers to make a payment for a fixed-price service, product, access to the website content or to make a donation, for example by creating a custom button, such as “Donate” or “Pay”. Anyone who visits the Wordpress website will be able to make a payment or donation.
American Express has launched its “PAYVE” digital payment service, allowing large and mid-size companies to centralize the processing of multiple payment methods through a single, easy-to-use electronic platform. Payment methods include check, ACH, international wire and American Express’s web-based payment solution, Buyer Initiated Payments (BIP) allowing companies to improve working capital and cash flow management while streamlining accounts payable (AP) processes. The “PAYVE” solution allows companies to consolidate payments through a single platform to increase control, efficiency and transparency of their payables and accelerate their migration from paper check to electronic payments to reduce costs and make their accounts payable process more efficient. Clients simply send a file to American Express that can include instructions for multiple vendors and various payment methods. American Express will then direct payments to each supplier using the designated method – check, ACH, international wire or BIP.
Digital River enhanced its Digital River World Payments solution to include cloud-based subscription billing, allowing merchants to increase recurring revenue across global markets as well as optimize the entire payment lifecycle from subscription initiation through the commerce transaction and payment. Digital River has offered subscriptions as part of its Global Commerce™ enterprise solution for more than a decade and is now extending that deep experience to the Digital River World Payments solution. The new integrated offering provides merchants access to both global online payment processing and a cloud-based subscription billing service via a single solution, a unique differentiator among competitive subscription solutions. It offers compliance management for subscriptions; customizable billing models; and support during pre-and post-transaction stages.
First Data Corporation electronic commerce and payment processing announced the First Data PCI Rapid Comply(SM)solution, an easy-to-use online Self-Assessment Questionnaire (SAQ) and vulnerability scanning tool that can help small to mid-sized merchants achieve and maintain Payment Card Industry Data Security Standard (PCI DSS) compliance. The PCI Rapid Comply solution is a merchant-facing, “help-based” web application that can be used to complete the annual SAQ quickly and easily. By answering just a few “pre-SAQ” questions, the PCI Rapid Comply solution can direct merchants to the SAQ version that is right for their business and help pre-populate the appropriate SAQ questions with accurate answers.
ii2P, a leading provider of help desk productivity optimization and secure password management solutions, products and services, announced the widespread availability of the company’s new mobile POS payment platform. ii2P’s comprehensive on site payment solution is specifically designed to enable the processing of WIC EBT cash voucher benefits, SNAP (Supplemental Nutrition Assistance Program) benefits, as well as commercial debit and credit cards for Farmers’ Market Associations (FMAs) across the state of Texas and the United States. The ii2P POS solution for state government administered programs is designed specifically for farmers’ markets and temporary, outdoor venues that may lack readily available electricity, and have limited telephone access.
Amazon.com announced that developers can now submit apps for distribution this summer in the United Kingdom, Germany, France, Italy and Spain, with plans for further global expansion in the near future. Developers can get started by visiting the Amazon Mobile App Distribution Portal. The Amazon Appstore in the U.S. has grown to tens of thousands of apps and games in just one year. As a result of features like 1-Click purchasing and Test Drive (which allows customers to try apps before purchasing them), developers report strong monetization from the apps they offer through Amazon. Amazon recently introduced an In-App Purchasing service that is simple for developers to integrate and helps monetize their apps and games even better than before, while still offering customers a seamless and secure 1-Click purchasing experience. Many developers have seen revenue skyrocket as a result of Amazon In-App Purchasing and are excited to offer their apps to even more customers outside the United States.
Bank of America Merrill Lynch has introduced its “Paymode-X” iPad application for its clients utilizing the all-digital online payment and invoicing system. This offers real-time access to critical corporate payments information and allows users to stay connected and informed, make decisions, and take the actions needed to ensure that their payment and settlement cycles continue to flow smoothly. The iPad release is the most recent innovation for Paymode-X, and is the first phase of a comprehensive set of mobile capabilities that BofA Merrill, in collaboration with Bottomline Technologies, plans to bring to market. The “Paymode-X” solution combines electronic purchase order submission, invoicing and payment settlement on a single platform.
Sallie Mae’s new Upromise World MasterCard, now issued by Barclaycard US, launched its new credit card rewards with increased cash back for college. It provides 5% cash back for college on eligible online purchases at hundreds of major online retailers through Upromise.com; 4% cash back at thousands of Upromise Dining restaurants; Up to 3% cash back on eligible gas purchases at Exxon or Mobil locations; 2% cash back at eligible movie theaters; and 1% on everything else. There is no annual fee for the card, no cap on earnings and no minimum spend requirements. Upromise members can earn 5 percent or more cash back for college when they make eligible online purchases through Upromise. Coupled with the new benefits of the Upromise World MasterCard, new cardholders can earn a total of 10 percent or more cash back on those same purchases.