Skrill digital payments has partnered with Linden Lab to integrate the Skrill Digital Wallet as a payment option for Second Life user-created virtual world. Users can buy Linden Dollars (L$) with their currency of choice at the market exchange rate. Linden Dollars are then used for transactions among users for a wide variety of user-created virtual products and services in the Second Life marketplace. Since Second Life first opened in 2003, millions of people from all over the world have participated in the vibrant virtual economy, and Linden Lab pays out tens of millions of dollars to successful Second Life content creators every year. Skrill’s Digital Wallet provides users with a secure and easy method to send and receive Linden Dollars. Skrill 1-Tap, Skrill’s recurring payment solution, allows users to enter their information only once to enable continuous payments thereafter with just one tap or click.
Data analytics and technology firm Tranzlogic is excited to announce a partnership with Merchants’ Choice Payment Solutions that will give over 50,000 merchants access to Tranzlogic’s transactional data analytics platform. The agreement provides the ISO partners of Merchants’ Choice Payment Solutions the ability to offer advanced customer intelligence technology to their merchant clients that will change the way they do business and drive better decision-making. Merchants’ Choice Payment Solutions (MCPS) is a leading processing and servicing center for both ISOs and merchants alike. Their proprietary platform technology enables larger ISOs to board merchants on multiple platforms, while simultaneously allowing access to a variety of value-added business solutions. Now with Tranzlogic, the merchants, banks, and agents that rely on MCPS will utilize the proprietary technology that transforms transactional data into actionable insight.
Secure Payment Systems value added payment services and transaction processing has been integrated with Giftango’s proprietary eGift card solutions. This development offers to participating merchants access to a new suite of tools to assist with virtual gift card promotions, web based sales and distribution opportunities. Correspondingly, SPS will connect to the Giftango API, allowing its gift & loyalty card clients to connect to the Giftango virutal eCard and variable card design emailing options available in the robust Giftango back-end.
Merchants’ Choice Payment Solutions (MCPS), also known as Delta Card Services, promoted Todd Linden Chief Operating Officer from Senior Vice President. He will be responsible for all aspects of the day to day operations including Sales, Merchant Boarding and Customer Support. He boasts MCPS’ recent improvements in technology, agent relationship management and product innovation and is well positioned to become the next Super ISO in the payments industry. TX-based Merchants’ Choice Payment Solutions (MCPS) has over 20 years experience as a full-service provider of merchant services and processes more than $4.5 billion in annual payment card volume for over 41,000 merchants.
More than 40 credit unions have selected the Integrated Media Management (IMM) “Teller Item Capture (TIC)” solution. Credit are leveraging IMMâs innovative technology and seamless integration with their core systems. The IMM “Teller Item Capture” provides significant benefits to CFE FCU and its 116,000 members and eliminates the need for the teller to manually enter the check data into the core processor. The checks are encrypted and appended to the receipt transaction and a 128-bit encrypted indexed PDF is created for storage. The credit union wanted to invest in technology that would allow it to streamline operations, combat check fraud and improve the environment by eliminating paper.
Todd Linden has been appointed Senior VP of Strategic Market Development with Merchantsâ Choice Payment Solutions (MCPS). In his new role he will be responsible for the expansion of the merchant business, financial institutions, and independent sales organizations serviced by MCPS and oversee strategic growth initiatives for the Company. He most recently held the position of Senior VP of Business Development for EVO Merchant Services after having served as Senior VP and Division Manager of Operations at NPC, president and COO of Card Commerce International, and held several key management positions at Bank of America Merchant Services. Choice Payment Solutions (MCPS) processes more than $3.4 billion in annual credit card volume for over 41,000 merchants.
CO-based Red Rocks Credit Union has deployed the Integrated Media Management (IMM) teller item capture solution. Having been a customer of the document output management and automation technology provider for several years, Red Rocks CU found IMMâs teller item capture product to complement its other check image capture processes. The IMM teller item capture provides significant benefits to credit unions, including automatically filling the checks deposited screen from the scanned deposited checks. This feature eliminates the need for the teller to manually enter the check data into the core processor, reducing keystrokes and errors.
Payment processor NEOVIA Financial has signed on Travian Games, Crafty Studios, OffGamers and Cherry Credits. Travian Games GmbH is an award-winning MMOG game developer. NEOVIA is providing its enhanced NETELLER e-wallet and NETELLER 1-Pay as a payment option for all Travian’s customers. The tailored e-wallet supports micro-payments, making it commercially viable for merchants to offer it to players. While the actual payment process is quick and simple for the gamer, NETELLER guarantees the funds to the gaming merchant. Crafty Studios is a game developer whose titles include Devil Fight II, and which is the operator of Bulido, a Second Life money conversion portal, where players can pay in with real money and convert it to Linden dollars. OffGamers, operating from Hong Kong, supports some 300,000 worldwide players for games including World of Warcraft, Aion Online, The Rune of Landscape and Warhammer. The NETELLER e-wallet has been recently added as a new payment option. Cherry Credits provides a one-stop payment solution to over 125 online games. In addition to its strong retail distribution in Asia, players with NETELLER e-wallets can now purchase Cherry Credits to make payment for some of the most renowned game publishers including NHN, Ntreev, Softnyx, Sulake and CJ Internet.
GlobalCollect has partnered with Virtual Service Provider DX Exchange
to allow players of the virtual world “Second Life” to exchange Euros for Linden
Dollars, the currency used to pay for goods and services offered in
Second Life. The newly formed
cooperation between DX Exchange and GlobalCollect enables European
Second Life Residents now to acquire Linden Dollars by paying in Euros
and soon British Pounds and select from a choice of
preferred local payment options while receiving local language support via GlobalCollect’s online payment platform
CA-based Transaction Wireless has hired Bruce Springer, previously with
BidShift as CEO and Thomas Niedbalski,previously with Stored Value
Solutions, as VP, sales and marketing. Springer was president
and CEO of BidShift, a SaaS company focused on healthcare staffing. and
founded and was managing director of GreenSpring Ventures, an early
stage venture capital firm. He served as co-founder, COO and EVP of
WebMD, an internet healthcare and transaction services business.
Niedbalski joined the Company from Stored Value
Solutions (SVS), one of the world’s leading providers of gift cards and
other card-based transaction programs, where as a vice president he was
responsible for developing the mass market sales channel, the SVS
Loyalty Program, as well as leading the partnership marketing team with
responsibility for customer expansion and market development. He
was also on the Blockbuster team that pioneered the first gift card and
developed the Blockbuster Rewards loyalty program.
With Secure EFT’s platform, Open Solutions Canada has signed agreements
to offer smaller merchants and retailers its new gift card program. With
new solution, Open Solutions Canada provides the merchants with full
customer support, including card initialization, customization and fee
settlement. Open Solutions Canada supports over 30 Canadian financial
institutions through a network providing shared cash transaction processing
and ATM monitoring. EFT Canada Inc. develops, maintains and delivers
electronic transaction processing, collection processing solutions and
In the virtual world of Linden Lab, Wirecard Bank has opened a branch
in the online world of “Second Life”, the first of German banks to do so.
Sales revenues with online games in 2006 were up over a third year-on-
year, to reach 3.4 billion euros and research shows that in five years
worldwide market volume is to increase to approximately ten billion euros. “Second Life” has over six million members and a daily trading volume of 1.5 million U.S. dollars. Wirecard Bank service personnel are
represented by avatars in the branches to assist customers with questions on services to also be available through “Second Life”. Interactive entertainment serves to offer Wirecard Bank AG an island of its own in the interactive program.