Dallas-based TNB Card Services’ new 2007 “Card Marketing Resource Guide” has been released to help credit unions launch the marketing efforts that will drive the growth of their credit and debit card portfolios. TNB offers the most extensive turnkey marketing programs in the credit union payments industry with more than 18 promotions to choose from. Every promotion is tailored to the needs of individual credit unions and their members. Materials are customized with the credit union’s name, logo and rates. TNB Card Services, owned and directed by credit unions since 1976, provides electronic payments processing, as well as an agent issuing solution for credit unions nationwide.
TD Canada Trust is celebrating the 30-year anniversary of its “Green Machine.” Over this period the bank has deployed 2,500 new
state-of-the-art ABMs across the country. TD’s new “Green Machines” now feature a choice of five languages (English, French, Portuguese,
Italian and Chinese); improved accessibility for the visually impaired with audio guidance; greater security features such as mirrors, a protective metal shield to hide the PIN keypad and highly secure encryption of customer PINs; as well as a deposit calculator and consolidated receipts. ABMs are the primary means of banking for 34% of
Canadians. TD says the new ABMs handle more than 21 million transactions a month.
VeriFone has extended the NURIT line with the introduction of
three new systems including the “NURIT 8400,” “NURIT 293” PIN pad, and the “NURIT 2930.” The “NURIT 8400” is a highly flexible countertop payment terminal with a full range of dial-up, LAN and wireless communications choices and a wide variety of device interface options.
Featuring an EMV 2000 smart card acceptor and magnetic
stripe card reader, the “NURIT 293” with high speed ARM processor
integrates with third-party POS and ECR systems for smooth and economical migration to PIN-based EMV credit and debit transactions.
The “NURIT 2930,” also provides an EMV migration solution for proprietary ECRs and other systems that lack communications capabilities. The “NURIT 2930” includes a modem, in addition to EMV and magnetic stripe acceptance.
TX-based Wincor Nixdorf has formed a strategic partnership with Cybera to deliver store solutions for North American QSRs and fast casual restaurants. Wincor Nixdorf offers proven POS software and hardware solutions that are used by leading QSR operators from coast to coast. Wincor Nixdorf’s iBistro software, designed by QSR operators, is an easy-to-use, flexible solution with extensive enterprise and store-level management features designed to help control costs, increase sales and streamline operations. Cybera Inc. (www.cybera.net) delivers high-speed, private networking solutions for business needs. Wincor Nixdorf is one of the world’s leading suppliers of IT solutions to the retail and banking industries.
Atlanta-based Radiant Systems has inked an agreement with Strategic Restaurant Acquisitions to implement “Aloha QuickService POS” running on Radiant hardware in Strategic’s 240 Burger King locations. n addition to Aloha POS software, the Strategic solution includes Radiant P1220 POS terminals with C500 Graphical Customer Displays, Aloha Kitchen Display Systems, Aloha Credit Card Processing and Aloha Central Database Management (CDM). Rdiant Systems, Inc. (www.radiantsystems.com) is a leader in providing innovative technology to the hospitality and retail industries. Strategic Restaurant Acquisitions Corporation is currently the second largest Burger King franchisee.
TransUnion’s TrueCredit.com and Roper Public Affairs released a survey on consumer attitudes about upcoming holiday financing offers. The survey also found that 95% of those age 65 or older say they are unlikely to take advantage of such offers; 25% of those with household incomes of $50,000 or more say they are very or somewhat likely to take advantage of an offer, vs. 15 percent of those with household incomes less than $50,000; and 81% of those with household incomes of $50,000 or more say they would pay off the whole purchase before interest is due, vs. 64 percent of those with household incomes less than $50,000. TransUnion’s TrueCredit.com has been a leading provider of consumer credit management products since 1995. Dedicated to its “Manage your credit. Manage your life.” brand promise, TrueCredit.com helps millions of consumers protect and improve their credit through a suite of secure and easy-to-use products.
IA-based supermarket chain, Hy-Vee, has launched a pilot of Pay By Touch’s finger-scan payment program in six stores in Illinois and Iowa. The Pay By Touch service uses a simple finger scan to authorize a secure, electronic withdrawal from a customer’s existing checking account. A one-time enrollment takes only a few minutes to complete and, once enrolled, Pay By Touch members can use the Pay By Touch system in any participating store. Hy-Vee, Inc., headquartered in West Des Moines, is an employee-owned corporation operating 225 retail stores in seven Midwestern states. Pay By Touch (http://www.paybytouch.com ) is wowing the world one touch at a time as the leader in biometric authentication, personalized marketing and payment solutions.
Mid-Atlantic convenience store chain Wawa has joined “The Retailer’s Network” operated by CA-based Debitman Card. Under the partnership a private-label “Wawa Check Card” will be issued. The card will reward customer loyalty with an initial $5.00 gift card after the first use, followed by cash rebates on every purchase. The initial phase is expected to last 90 days, followed by a potential chain-wide implementation. Wawa operates more than 550 stores. More than 200,000 merchant locations in the U.S. participate in Debitman’s “The Retailer’s Network,” including Wal-Mart, Sam’s Club and CVS. In August, WESCO Stores joined the Debitman Card payment network and is now issuing its own branded debit cards to customers at its 51 Michigan locations. Last month, Debitman Card was granted a patent for “Method And System For Facilitating Electronic Funds Transactions.” (CF Library 8/22/06; 9/28/06)
Contactless specialist, ViVOtech, has teamed with mobile payment specialist, Obopay, to expand NFC mobile phone payment options. Under the deal Obopay users will have access to the “ViVOwallet” to pay for retail goods by waving their NFC mobile devices in front of the more than 160,000 retail outlets equipped with a ViVOtech POS device. The companies plan to offer “ViVOwallet” and Obopay as a single integrated application in 2007. Obopay accounts can be managed from the mobile handset, allowing users to check balances, request payments from other mobile users and view transaction histories. The service also allows e-commerce sites to accept payments directly from Obopay accounts, eliminating the awkward process of inputting credit card information.
KeyCorp has selected American Express Bank’s “eAccess Multicurrency Cash Management” for its international cash management platform.. The platform has features that help simplify some of the complexities of international payments. KeyCorp is one of the nation’s largest bank-based financial services companies, with assets of approximately $95 billion. American Express Bank Ltd. provides services to financial institutions, high net worth individuals and affluent customers through more than 73 locations in 45 countries.
CA-based Card Express is expanding its prepaid card processing services to ISOs. This expansion follows 10 years of experience building successful gift and incentive programs for thousands of corporations around the world including dozens of Fortune 500 companies. In the process, CardEx has managed to streamline card ordering, fulfillment, transaction processing and customer service processes, making it extremely easy for any reseller or ISO to offer these products to their clients without the need for system upgrades or IT investments. Card Express, Inc. (CardEx) is a leading processor of prepaid debit card products and services utilizing the Visa and MasterCard networks.
VISA has beefed-up its “Business Card” adding premium “Signature” benefits on top all of the benefits currently offered with its “Business” card. The no preset spending limit “VISA Signature Business” card includes an issuer rewards program with a minimum value of 125 basis points on qualifying spend. Cardholders also have access to “VISA Information Source Select,” an online reporting solution. Additionally, the “VISA Merchant Offer Program” provides small businesses with the purchasing power of large companies through promotions and savings presented by VISA’s merchant partners, such as office supply, travel and wireless providers. Other card benefits include “VISA Signature Access”; “VISA Signature Dining”; and “VISA Signature Concierge. “VISA Signature Business” has an interchange rate that is comparable to the existing “VISA Commercial Solutions” interchange rate. For the four quarters ended June 30th, “VISA Signature” grew 17%, surpassing $125 billion in sales volume. For the same period, spending on “VISA Business” cards totaled more than $103 billion, representing a year over year growth rate of 32%. Chase is expected to be the first issuer of the new upgraded business card.