Elavon, a leading provider of payment solutions and subsidiary of U.S. Bancorp (NYSE: USB) has signed a multi-year agreement with Wyndham Hotel Group to integrate secure payment technology for approximately 4,500 of the company’s more than 7,600 hotels over the next 18 months.
NCR announced Buffalo Wild Wings implemented its Aloha Online Ordering solution for its 1,000 company-owned and franchised locations in addition to to its existing NCR technology solution. The Aloha Online Ordering enables Buffalo Wild Wings customers to order online and avoid wait times on the phone. Their payment information is securely stored for future orders and they can review their order; increasing order accuracy. All web orders are instantly distributed to the appropriate store and then routed to the kitchen. Buffalo Wild Wings chose NCR for its global footprint, best-in-class solutions, reputation and commitment to the restaurant industry and the ability to work with one vendor as a long-term partner.
MasterCard Worldwide announced it has reached its goal of raising $4 million for Stand Up To Cancer (SU2C) through its “Eat, Drink and Be Generous” campaign. MasterCard made a donation to SU2C every time cardholders used their MasterCards when dining out. To keep the momentum moving forward with additional support for SU2C, MasterCard has partnered with Rewards Network, who powers the leading dining rewards programs in North America, including “iDine” for which through Oct. 31, 2011, Rewards Network will donate 50 cents to SU2C when diners use a registered MasterCard in qualifying transactions over $15 made at participating iDine restaurants. Diners enroll and register the MasterCard they use when dining out at over 10,000 participating restaurants.
MasterCard Worldwide and Starwood Hotels & Resorts Worldwide announced Starwood will participate in the MasterCard enhanced folio data program. Starwood will add nine new hotel brands and more than 1,000 properties worldwide to the program, expanding the number of business traveler-preferred hotel choices available from which corporate travel departments can receive line item expense data from employee corporate payment card purchases. The MasterCard hotel folio data program delivers travel expenses made on a card in line-item detail, electronically and on monthly invoices, to offer travel managers ease and efficiency in travel policy monitoring.
Cardtronics USA forged agreements to acquire Access to Money, stipulating it will acquire all of the outstanding shares of Access to Money for a cash payment of $0.285 per share and retire all of Access to Money’s outstanding indebtedness. The total cost to be paid at closing will be approximately $21.2 million. The companies expect an early fourth quarter completion date for the transaction. Access to Money provides ATM services to merchants and financial institutions, currently operating approximately 10,350 ATMs in the United States. This expands Cardtronics’ portfolio of merchant relationships to include Kangaroo Express convenience stores and coffee and doughnuts. Access to Money operates approximately 1,400 ATMs throughout 11 Southeastern states and at nearly 500 of the QSR franchisor’s U.S. locations, with the opportunity to expand further into its extensive network of franchisees. Additionally, Access to Money brings to the proposed merger a growing ATM services business focused on community banks and credit unions.
MasterCard Worldwide announced Debra Janssen has been appointed managing director of MasterCard’s Access Prepaid Worldwide subsidiary. Janssen will oversee operations and continue to advance the Access Prepaid Worldwide business, which is focused on the management and delivery of consumer and corporate prepaid travel cards to business partners around the world, including financial institutions, retailers, travel agents and foreign exchange bureaus. She will add this position’s roles and responsibilities to her current purview as group executive, Integrated Processing Solutions (IPS) at MasterCard, given her experience as executive vice president of EFT Processing Services for Fidelity Information Services and president of Debit Services Group and the STAR Network at First Data Corporation.
MasterCard Worldwide announced a $1 million grant to the Network for Teaching Entrepreneurship (NFTE) to support entrepreneurship education programs for middle and high school students in low-income communities. It will support NFTE’s core U.S. school-based youth entrepreneurship program that provides hands-on learning and classroom lessons on mathematics, analytical skills and management and planning. MasterCard employees will also have an opportunity to get involved as volunteer educators, helping to create digital “master classes” that teachers across the world can access on-demand to supplement their daily lessons. Over the past two decades, more than 350,000 NFTE graduates have been taught the fundamentals of becoming financially independent by running their own businesses.
In partnership with MasterCard Worldwide, Vita Products, Oberthur Technologies and FIS, U.S. Bank introduced its “U.S. Bank MasterCard PayPass VITAband,” facilitating contactless payments in a light-weight and durable wristband that combines contactless payment technology with emergency contact and medical information. The U.S. Bank MasterCard PayPass VITAband is a light-weight and durable wristband that combines contactless payment technology with emergency contact and medical information. It lets users “Tap & Go” when making purchases at merchant locations that accept contactless payments and links to a customizable Emergency Response Profile (ERP) that provides medical professionals with fast access to critical medical information in the event of an emergency. U.S. Bank employees began testing the VITAband in multiple states in the second quarter of 2011, making U.S. Bank one of the first major card issuers in the United States to pilot this new technology. Each band also carries a a unique, eight digit “VITAnumber” identifier that houses the individual’s identity and critical medical information.
MasterCard Worldwide introduced its ‘Eat, Drink and Be Generous’ campaign dedicated to making every penny count in the fight against cancer to raise funds for research supported by the Stand Up To Cancer (SU2C) charitable initiative. Every time cardholders use their MasterCard cards when dining out from now through September 1st, MasterCard will make a penny donation on each transaction, up to $4 million total, to SU2C. Qualifying purchases include a cup of coffee or a quick meal to ordering take out and fine dining. The program works to accelerate the pace of groundbreaking collaborative research in order to bring new cancer treatments to patients quickly and save lives, for which online and in-restaurant materials, web banner ads, statement inserts and ATM messaging through MasterCard bank partners will help raise awareness and promote.
MasterCard cardholders through “Priceless Cities” first being introduced in New York is meant to help drive preference and affection for the MasterCard brand among cardholders by offering them an opportunity to enjoy the things about which they are most passionate. The “Priceless Cities” solution will provide MasterCard cardholders experiences, exclusive offers and privileged access to not only make MasterCard their top of wallet choice but also bring a little more priceless to their life. The program will be supported by a fully integrated marketing communications platform that encompasses a wide-reaching media campaign across print, out of home, radio, television and digital platforms. The campaign will help drive awareness and participation for the Priceless Cities amongst MasterCard cardholders. The media buy will be focused on outlets that drive engagement, action and amplification across cardholder passions such as travel, shopping, arts & entertainment, epicurean, family and sports.
MasterCard launched its “Get Loot” entertainment-based program, giving U.S. consumers and avid movie fans the opportunity to experience the movies with friends and family like never before by using a MasterCard Prepaid card. With this, from July 1-October 31, when consumers purchase a MasterCard Prepaid card online or in-store from Western Union from NetSpend, they will receive two free movie tickets while supplies last. Every time they use the card between July 1 and December 31, cardholders will be automatically entered for a chance to win a VIP all-expenses paid trip to a 2012 movie premiere. Throughout the campaign, avid moviegoers will have the opportunity to win additional “loot” via surprise in-theater promotions at select theaters across the country.
McDonald’s of Canada and MasterCard Canada launched MasterCard “PayPass” contactless payment technology at participating McDonald’s restaurant locations. With this, PayPass POS payment terminals have been installed at more than 1,400 McDonald’s restaurants across the country, giving patrons the option to simply tap-and-go to make their purchases. Consumers with a PayPass-enabled MasterCard credit card or mobile phone can quickly and securely pay for their purchases with a simple tap of their card or phone on a PayPass point-of-sale payment terminal.