VeriFone Systems shows its comprehensive suite of payments solutions is helping leading retailers interact with, impact and impress their customers. New innovations on the show floor will include a new, size-adaptable payment acceptance solution for tablets”the first to work with iPad mini, new versions of PAYware Mobile for iPhone 5 and the new iPod touch and cloud-based services for bridging today with tomorrow’s innovations and managing ever-growing payments complexity. Also Microsoft will demonstrate in a BIG Ideas session how it is now accepting payments with a single, mobile interface using a Windows phone to drive purchases and enhance the customer experience at its Microsoft Store retail locations. VeriFone is providing the payments acceptance for the co-branded solution, which offers end-to-end encryption of cardholder data and PCI compliance and handles all transactions through VeriFone’s PAYware Connect gateway. VeriFone’s latest version of PAYware Mobile for iPhone 5 and the new iPod touch is a multifunction solution incorporating mag-stripe, NFC and EMV acceptance, with an integrated PIN pad, as well as a 2D barcode imager.
Checker Cab of Atlanta is implementing the Verifone “MX 870” integrated passenger-activated payment and multimedia information systems. This will allow Passengers to immediately swipe their own cards, rather than handing them over to drivers, to access streaming media, including nationally syndicated news and entertainment, and metropolitan information. The taxi solutions provide secure card payment, navigation and dispatch equipment as well as media services such as digital advertising and other content. The “MX 870” merges full-motion video, a 65,000-color display, high quality digital sound and highly secure payments capabilities into a single, easy-to-use system.
NCR ATMs has made available the NCR ” SelfServ 28″ fully weatherized, free standing cash dispense ATM. The “SelfServ 28” allows financial institutions to extend their brand by offering ATM services in high traffic off-premise locations. The machine is an ideal complement to a bankâs existing ATM network as it can go wherever a bankâs customers need service, without the need to build a structure to house the ATM, offering both wired and wireless connectivity. The “SelfServ 28” ATM needs only a power outlet to operate has an ultra-low carbon footprint and is designed to be easily deployed and redeployed, allowing a financial institution to enhance its branding efforts with a minimal cost of ownership. It also features self-healing technology that allows the ATM to make minor repairs without a service call, full-motion instructional videos and a modular design to help make servicing easier and ensure maximum availability. NCR SelfServ ATMs have been purchased by more than 900 financial institutions in more than 110 countries around the world since 2008.
NY-based VAI has entered into an agreement with VeriFone Holdings, to integrate VeriFone’s “MX870” payment platform and RiTA Server payment transaction middleware into its “S2K Enterprise” for Retail Point-of-Sale software. VeriFone’s RiTA Server is a highly scalable transaction middleware that supports high-volume, multi-threaded transaction processing. Eliminating the need for a gateway solution, the RiTA Server can accept all major credit cards, support a range of processors and connection methods and process credit, debit, purchasing card, gift/loyalty and check transactions. This partnership is part of a larger strategic effort by VAI to increase the firm’s global reach to customers in the retail market. VAI is an IBM Premier Business Partner and software developer.
Contactless payments will streamline customer service at McDonald’s
Mexico. Banamex, a division of Citibank, has announced the deployment of
Verifone’s “MX870” at McDonald’s locations in Mexico. This will allow
customers to pay using the contactless payment system offered by
MasterCard “PayPass” and speed up the payment process at the restaurants’
cash registers. The “MX870” is also useful as a content delivery system
that verifies the customers’ order and offers promotions. To date,
Banamex has issued 10,000 of these contactless cards. The group has a
net distribution of over 1,400 branches and 5,700 ATMs located
throughout the country.
TX-based Dresser Wayne this week unveiled a new fuel dispenser that goes beyond payment card acceptance by enabling consumers to buy a cup of coffee, a lottery ticket, download an MP3, check traffic reports and run a diagnostics report on their car, all at the pump. The new “Ovation iX” dispenser is the only open architecture solution in the retail fuel dispensing industry and is a member of the “Microsoft Windows Embedded Partner Program.” “iX Media,” a standard offering in the “Ovation iX” dispenser, allows consumers to watch full-motion, site-specific video commercials on a dispenser-integrated 10.4-inch color display with built-in speaker. Fuel customers can print customized coupons at the dispenser for in-store specials and other retail promotions.
VeriFone reported that net revenues for the quarter ending July 31st rose 21% to $125.7 million. The payment terminal manufacturer says the increase was driven by strong performance in its international business. During the quarter, the Company announced its multi-lane “MX870” system which uses a PIN pad and merges full-motion video with payment capabilities into a single networking system, enabling multi-lane retailers to broadcast advertising and corporate messaging directly to their customers. VeriFone also received “Class A” product certifications with multiple U.S. processors for its “Vx Solutions.” VeriFone also teamed with San Francisco-based Pay By Touch during the quarter. VeriFone went public on April 29th. For complete details on VeriFone’s latest performance, visit CardData ([www.carddata.com]). (CF Library 4/29/05; 5/13/05)
2Q/03: $ 88.9 million
3Q/03: $ 90.3 million
4Q/03: $ 87.9 million
1Q/04: $ 89.5 million
2Q/04: $104.0 million
3Q/04: $108.6 million
4Q/04: $111.3 million
1Q/05: $117.9 million
2Q/05: $125.7 million
Source: CardData (www.carddata.com)
TX-based Dresser Wayne is enhancing the digital media capabilities of its “Ovation” POS fuel dispensers through a partnership with EK3 Technologies. EK3 Technologies, an engineering company based in London, Ontario, Canada, is a leading provider of enterprise-class digital media business solutions. EK3 has developed intelligent software, hardware, and networking products and services that deliver high-resolution multimedia images and full-motion video for display on various high-impact digital signage media. Dresser Inc. is a worldwide leader in the design, manufacture and marketing of highly engineered equipment and services sold primarily to customers in the flow control, measurement systems, and compression and power systems segments of the energy industry.
Beijing-based Bank of Communications has ordered US$8.5 million worth of ATMs and bulk cash recycling machines from Diebold. Bank of Communications has already deployed more than 140 newly purchased “ix Series” ATMs within its national self-service network. The bank also recently purchased more than 130 of Diebold’s BCRMs for placement in July and August. The unit’s modular design accepts 100 notes of bulk cash per transaction without an envelope. It also protects the financial institution’s investment by “recycling” deposited cash to ATM users making withdrawals.
MS-based Richton Bank and Trust has selected Diebold Transaction Services to handle the processing for their ATM network and has begun issuing its first “MasterMoney” debit cards. Before converting to Diebold Transaction Services, employees at Richton Bank and Trust were forced to perform tedious daily reconciliation processes, but those manual entries are now automated by the daily settlement services initiated by Diebold.
Valero Energy Corporation, which owns Diamond Shamrock Corner Stores, Stop N Go, Ultramar, Valero, Beacon and Total retail outlets, announced yesterday it will install Wincor Nixdorf’s “ProCash 1500” cash dispensers in 1,200 company-owned gasoline and convenience store retail locations. he ATM machines will provide customers with conveniently accessed > electronic coupons and short, full-motion video programs about the store’s promotions.
PayStar Corporation, the nation’s leader in providing content based Internet Kiosks, Cashless ATM devices, Prepaid Wireless Banking Services and Telecom Services today announced the forming of a strategic partnership with Instruments & Equipment Company of Sparta, NJ, to produce PayStar’s highly customized Public Internet Access Terminals via PayStar’s InfoStation Network located in select Choice Hotel brands nationwide.
“The kiosk team at I&E has gone to great lengths to produce a specialized series of Internet kiosks that will enhance PayStar’s product offerings,” commented Carla Buckner, Sr. Vice President of Sales & Marketing for PayStar. “The units are both aesthetically pleasing and highly functional.”
The NCR EasyPoint kiosks, with custom remote-administration software, are designed to offer interactive consumer service capabilities in an attractive terminal. Consumers will be able to enjoy the diverse functionality of the kiosks, which will feature both touch screen and keyboard options. The units will support Internet browsing, fully synchronized full-motion video and high-quality audio, wireless communications along with various peripherals, such as credit card readers, dollar bill acceptors and magnetic stripe readers.
“I&E is totally committed to becoming the industry’s premier source for kiosk systems and solutions,” stated Brian McGrady, General Manager of Instruments & Equipment Company. “Our goal is to produce a kiosk that represents the best in technology, quality, functionality, innovation and value. We are pleased that PayStar is committed to the same high level of quality assurance.”
About Instruments & Equipment
Instruments & Equipment Company is a supplier and full-service integrator for NCR Easy Point Web Kiosks, Public Internet Access Systems and Custom Kiosk solutions. Utilizing a core hardware competency and several key strategic partnerships, I&E has developed a “One-Stop-Shop” capability to provide kiosk hardware systems and solutions to end-users, VAR’s & integrators, and the O.E.M. By working closely with IT professionals and system integrators, I&E’s Engineers insure success and can take any kiosk project from the critical initial prototype stage to the roll-out, including nation-wide service and maintenance.
PayStar Corporation, a premier global distributor of telephony and financial services, provides its customers with an array of enabling devices. PayStar is comprised of three fully integrated divisions: Commercial Telephony Switch Services, Consumer Internet and Telephony Products including prepaid cards, and Consumer Services providing service and maintenance of Cashless Teller Machines (CTMs) and Internet enabled kiosks. PayStar is the location services provider (LSP) to retail merchants and is considered a “carriers carrier” for wholesale telecom services worldwide. Internal sales as well as mergers and acquisitions drive success. PayStar’s global strategy centers on expanding its network of thousands of locations that utilize state-of-the-art enabling devices.