Paris-based INSIDE Secure says its award-winning mobile payments security solution is now functionally Visa Ready approved by Visa Inc., for use in Visa Inc. territories.
CardWeb.com’s CardData database of Company Profiles features QSR payments specialist Tillster. Perse Faily is the CEO and President.
Dublin-based Alpha Payments Cloud has won the Channel Award category at the prestigious Merchant Payment Ecosystem (MPE) Awards.
Fiserv is expanding its mobile payments solution portfolio to include tokenization capabilities via Visa Token Service (VTS) and MasterCard Digital Enablement Service (MDES). These capabilities will be available to all Fiserv-processed debit and credit issuers. Fiserv will also enable its Accel debit processing network to support tokenization for its participants.
Zapp mobile payment announced it’s next round of network payment partners that are committing to support Zapp’s rollout into the market. Secure Trading, TrustPay Global and Checkout.com – some of the most innovative payment service providers – will all work to support Zapp and it’s innovative, low friction, secure and mobile enabled checkout.Getting more customers through the checkout process securely is crucial to retail success. Research has shown that there are billions of abandoned check outs in the UK and the payment landscape is becoming increasingly confusing. Zapp will allow people to make real-time payments from their mobile, unlocking the money in their current account in a much simpler and more secure way.
Vantiv, Inc. announced an agreement to acquire Mercury Payment Systems, LLC for an aggregate price of $1.65 billion. Mercury is a payment technology and service leader whose solutions are embedded into point-of-sale software applications and brought to market through their dealer and developer partners. Mercury is currently majority-owned by Silver Lake, a global leader in technology investing.
Mahindra Comviva announced the launch of its mobiquity® Wallet, a cutting-edge digital wallet platform. This is amongst the first of its kind fully integrated digital wallet platform that supports NFC, QR codes and Bluetooth Low Energy (BLE). It will offer security, ease of use and rich features to the customers of banks, telecom operators and retailers across the globe. The platform will bring in agility to develop an ecosystem and increase revenues from existing customers and simultaneously boost customer acquisitions.
MasterCard’s new digital payment platform is debuting in Italy with Mediaworld, Trenitalia and Vodafone. The “MasterPass” solution will shortly be joined by Esselunga. 3,500 more retailers are also active through Banca Sella, the first acquirer bank to offer the MasterPass service to all its online clients. With MasterPass, consumers, don’t have to enter their card and shipping details each time they make a purchase from an online retailer, which is particularly important in the growing area of purchases made from smartphones and tablets. Consumers can simply click on the “Buy with MasterPass” button and enter their username and password to complete payment for a purchase. MasterPass optimizes the mobile check out experience making the small screens easier to navigate and offers the same benefits for online purchases made from PCs and tablets too.
Mozido announced today that it has received the first $30 million of a committed $70 million round of financing led by a Boston-based investment advisor with assets under management of over $500 billion. This funding will allow Mozido to accelerate its growth both organically and through strategic acquisitions. The announcement brings total funding of the company to over $100 million with participation from Brentwood Investments, TomorrowVentures, Atlanticus Corporation and Bob Turner personally of Turner Investments.
Net Element International electronic commerce and mobile payment processing entered into an investor accreditation agreement to develop new technology with The Skolkovo Foundation, a government funded research and development center in Moscow. This multi-year and multimillion dollar investment allocation by Net Element provides exclusive access to early stage mobile payments and transactional services technology. Net Element will set aside up to $12 million (370 mln Rub) over the next three years with Skolkovo for investment in companies and technologies that meet NETE’s investment criteria and strategic initiatives. The role of The Skolkovo Foundation is to oversee the creation of the Skolkovo Innovation Center comprising five R&D clusters (IT, Space, Biomed, Energy Efficiency and Nuclear Technology), Technopark, the Skolkovo Institute of Technology (a new graduate research university established in collaboration with the Massachusetts Institute of Technology) and Skolkovo City. Net Element’s interests are specifically focused on mobile payments and transactional services technology projects.
AIRTAG Mobile Shopping Solutions announced AIRSHOP advanced ordering & payment solution has been fully integrated with Magento; the eBay owned open source e-commerce platform used by more than 150,000 retailers. This integration enables retailers currently using Magento for their e-commerce sites to easily transition to mobile commerce and offer consumers a multi-channel experience that includes mobile, web, and tablet applications. Forrester Research predicts that by 2017, half of all mobile internet users will be mobile retail buyers, meaning that retailers must start to develop a mobilized and multi-channel strategy. This offers a full retailer wallet for advanced ordering and payments with both in-store and delivery pick-up options and multiple payment scheme support, including PayPal, 1 Click, and Credit Card with integrated targeted marketing through mobile loyalty, geolocated couponing, geofencing, push notifications, location based marketing and product recommendations.
PayLeap, Acculynk’s payment gateway and payments processing solution, signed a strategic agreement with Spindle mobile payments solutions. With this, they will integrate their respective platforms to better serve the global mobile commerce market. The PayLeap payment platform provides multi-functional gateway, acquiring and card processing services for e-commerce, face-to-face, recurring, and online bill payments. Catering to merchants, resellers, and developers, PayLeap provides a secure, single-source solution which includes fraud management, tokenized cardholder data vault, secure checkout with LeapLock, plus developer friendly tools and mobile payment capabilities.