Toronto-based Moneris Solutions is offering small business merchants the ability to provide their customers with AIR MILES reward miles for their purchases through the Moneris AIR MILES reward miles Program. Merchants who sign up for the value-added service simply leverage their existing Moneris technology that has been integrated with AIR MILES program support.
Harland Financial Solutions has announced six new eBill Presentment & Payment deals for June 2013. eBill Presentment & Payment is Harland Financial Solutions’ electronic bill presentment and payment solution for small- to mid-sized billers. eBill Presentment & Payment will enable these financial institutions to offer their small- to mid-size business customers the ability to transform paper-based bills to smarter, more efficient and environmentally-friendly electronic bills that may be paid via online ACH, debit or credit card transactions.
The Bancorp Payment Solutions Group announced its TPC Payables Prepaid Visa Card has been recognized as a 2013 Paybefore Awards winner. Recognized in the “Best Business-to-Business Prepaid Card” category, the Payments Company (TPC) facilitates electronic payments between businesses, vendors, and employees. Backed by its proprietary software and AP advantage ePay Network, TPC provides a complete accounts payable disbursement solution that includes software integration, vendor enrollment, payment processing, and reconcilement. The Paybefore Awards is now in its seventh year.
Protegrity USA end-to-end data security solutions announced Preem AB, Sweden’s largest oil company, has adopted its data security platform to deliver PCI-DSS compliance for credit card transactions at more than 470 gas stations across the country. Protegrity’s solutions use modern tokenisation to ensure flexible, scalable security for customer data in transit and at rest without impacting transaction processing speeds. Why Protegrity In evaluating the different technologies available, Preem determined that the simplest way to achieve PCI-DSS compliance would be to adopt the tokenisation approach. Tokenisation protects sensitive data by replacing it with tokens that hold no value to someone who gains unauthorized access to that data.
KORE Telematics machine-to-machine (M2M) communications has achieved 99.999 percent availability since upgrading its network in December 2009, thanks mostly to its significant investments in building a dedicated M2M network with a support capacity of more than 10 million connected devices. This will support its nearly 600 M2M application provider partners on two new, fault-tolerant, fully-redundant data centers in Atlanta and Las Vegas with automatic fail-over. Each data center is connected via dedicated MPLS backhaul, powered by Cisco 6500 switches, Cisco 7206 routers and Cisco ASR 1004 routers.
Orderman technology for the European hospitality industry has rolled-out the Columbus POS products for restaurants, starting with its “Columbus 700.” Featuring a fanless cooling system, robust storage capabilities and Intel mobile chipset technology, the Columbus POS is ultra efficient on its ultra-low voltage processor. With this, restaurants which choose to implement four of the terminals, for example, could reduce power usage by as much as 50%. The POS is offered in combination with CareGold service and support.
With 53% of AIR MILES Collectors more likely to make environmentally
friendly choices when encouraged by AIR MILES, BMO Bank of Montreal is
set to enhance its “Gold AIR MILES” MasterCard with ‘green’ benefits.
Providing customers a 25% discount on the number of reward miles
required to redeem for ‘Green’ merchandise through the AIR MILES Reward
Program, the enhancements allow for substantial savings and earlier
redemption for environmentally-friendly products. BMO “Gold AIR MILES”
allows patrons to redeem their AIR MILES for more than 140 ‘green’
products and services available through its “My Planet” program, ranging
from transit passes to green energy services to high efficiency
household appliances to less-toxic cleaning products. These benefits are
in addition to enhancements made earlier in the year, eliminating annual
fees; doubling rewards; adding travel Insurance benefits and increasing
flight redemption discounts.
Walmart this month is launching an electronic pay program that includes the “Money Network MasterCard Paycard” and electronic pay stubs. Walmart and Sam’s Club associates may receive their pay either by direct deposit or through the “First Data Money Network” program and may access their wages through the “Money Network MasterCard Paycard” or “Money Network Checks.” First Data will provide the processing and reload network for the program as part of First Data’s “Money Network Payroll Distribution Service.” MasterCard will be the exclusive brand for the card, which can be used anywhere “Debit MasterCard” is accepted, including ATMs.
American Express OPEN announces the kick-off of the year long “M3 Race”
competition for women entrepreneurs. âStart it, save it or grow itâ
is a mantra started by the Make Mine a Million $ Business RACE team
that is providing a platform for women to
start new businesses, offering lifelines to those businesses looking for
help, and supplying healthy businesses with resources to grow to the
next level.
The M3 RACE inspires women to challenge themselves and each other to
realize their vision for the company and reach their revenue targets.
Just like walk/run marathons, women can choose their own pace for their
2009 business revenue goal: $250,000, $500,000, or $1,000,000 or more.
The Grand Prize winner will receive a $100,000 cash prize and a year of
marketing, advertising and media opportunities. Women own more than 10
million businesses, yet only 2.6% or 242,000
report more than $1 million in revenue, with the majority generating
revenues below $50,0001. Every new business creates a minimum of one
job, addressing
a critical need in these challenging economic times. The M3 RACE is
addressing economic turmoil and joblessness head-on and empowering women
business owners to be a driving growth engine for the U.S. economy.
A recent survey sponsored by stored value card technology provider Givex
reveals that despite a grim economic outlook, consumers will still be
buying gift cards, with 59.8% of those aged 40 to 49 see themselves both
buying and receiving gift cards, an increase from 48% in 2007. Demand is
similarly strong for 53% of age groups 18 to 29 and 52% of ages 30 to
39. Gift card sales could be the salvation for many businesses
anticipating a slower holiday
season, as 65% of respondents said that the economic slowdown had no
effect on their decision to purchase gift cards and more people will be
using gift cards as a budgeting tool.
Instead of spending more than the card is worth, which 55% of consumers
did in 2007, only 39.3% will be doing that this year. This is
statistically tied with the 39.7% of respondents who will be spending
only the card’s face value, an
increase from 29% last year.
EFT processor Transcard has launched “Transcard Green” to further environmentally-friendly initiatives in the pre-paid marketplace. The Transcard Green program seeks to expand the mobile and electronic payroll stubs to reduce the 220,000 trees that are destroyed by the production of paper payroll stubs; work with clients to establish a car-pool gasoline incentive program for their employees using a card; add mass-transit incentive programs to the Transcard payroll card product; provide marketing resources and investment in prepaid programs that have environmental friendly components; recruit and develop programs that support green initiatives; educate employers on the environmental advantages of electronic payroll-card programs over paper-based payroll programs; invest in technologies and systems that provide reduction in carbon emissions across all of the Transcard product offerings and incubate card programs which support green initiatives Transcard offers electronic funds transfer services including direct-to-card payroll technology, electronic fuel and transaction processing, health care and gift card products and services. In 2007, Transcard processed over $1.2 billion in electronic transactions.
Barclay card has announced the launch of its environmentally-friendly,
carbon-offsetting corporate charge card. The new product has been
designed to allow the cardholder to offset the emissions released during
their air travel with the Barclay “Business Sustain” program. This program
gives the customer a sense of the degree to which their individual air
travel
impacts the environment based on their annual expense in this arena. In
providing a visual of the carbon footprint the individual leaves on the
environment with air travel, the Barclay “Business Sustain” program can
then encourage less air travel and allow the financial contribution to
programs that reduce carbon emissions. Programs of this nature include
providing the customer with canceled Certified Emission Reduction (CER)
Certificates. The amount of certificates purchased is in relation to the
volume
of carbon emissions for which the customer is responsible, thus offsetting
their pollution.