Linkable Networks card linked technology announced the launch of its SKU-level offer capability. Allowing brands and retailers to capitalize on card linked offers with individual products, while offering financial institutions an additional source of revenue, this addresses the need to be “top of wallet” to drive consumers to use a particular credit or debit card the most while reducing the need for credit reward programs. Brands and retailers can now promote specific product level items directly to customers. This also links coupon directly to consumers’ existing credit or debit cards.
Sprint and Google deployed the Google Wallet to all Nexus S 4G customers – an app that enables consumers to transform their phones into their wallets and make purchases with a simple tap. Sprint is the first carrier and Nexus S 4G is the first phone in the United States to deliver this convenient, innovative service that lets shoppers tap-to-pay at hundreds of thousands of participating retailers, including American Eagle Outfitters, the Container Store, Macy’s, Foot Locker and Subway. Google Wallet Android app stores virtual versions of a customer’s credit cards, offers and loyalty cards right on the one their phone. It requires users to set up a Google Wallet PIN that must be entered before making a purchase to prevent unauthorized access and payments.
Verizon Wireless and Intuit partnered to allow businesses to process credit card payments on smartphones and tablets on the Intuit “GoPayment” app and pocket-sized credit card reader. Now available in Verizon Wireless’ 2,300 retail stores and business-to-business sales channels, the “GoPayment” software makes it more affordable for small businesses to process credit cards and to accept credit card payments wirelessly. The card reader plugs into the audio jack of a supported smartphone or tablet and the transaction is processed immediately and funds are automatically deposited into a user’s bank account within a few business days.
American Express and Sprint announced a new program offering mail-in rebates via prepaid reward cards. Customers who purchase a Sprint phone and are eligible for a rebate will receive the mail-in rebate via prepaid reward card. The American Express Prepaid Reward Card can then be used at millions of U.S. locations that accept American Express Cards. This ensures faster rebate processing, immediate access to funds and no fees for activation, balance inquiries or customer service. Once the Sprint customer receives the prepaid reward card, the customer can immediately activate and use the card. The Card has no fees until six months after issuance, when a $3 monthly fee applies.
Financial Transmission Network remittance processing solutions (FTNI) has completed its certification to support the RDM “Connect” auto feed multi-feature check scanner with its “ETran” platform. Integrating RDM “Connect’s” multi-functional scanner to process checks, swipe credit and debit cards and capture ID cards facilitates the merchant’s desire to simplify payment acceptance. The “ETran” receivables platform lets merchants process Remote Deposit Capture, ACH and credit/debit cards, all from a single platform. FTNI’s PCI compliant solution satisfies the growing demand for payment diversity by accommodating mail-in, walk-in, call-in and web payments, while also providing posting files to allow the merchant to clear and post payments in a single pass.
Financial Transmission Network (FTNI) has completed its certification to support the RDM Corporation’s “RDM Connect” auto feed multi-feature check scanner with its “ETran” platform. Integrating “RDM Connect’s” multi-functional scanner to process checks, swipe credit and debit cards and capture ID cards facilitates the merchant’s desire to simplify payment acceptance. The “RDM Connect” scanner resonates well with FTNI’s ETran application, a receivables platform letting merchants process Remote Deposit Capture, ACH and credit/debit cards, all from a single platform which also satisfies the growing demand for payment diversity by accommodating mail-in, walk-in, call-in and web payments.
Value chain strategists ModusLink Global Solutions is now offering
“ModusLink Rebate” web-based customer loyalty solution. “ModusLink
Rebate” includes both online and offline rebate processing to accelerate
fulfillment and automate the complete rebate process from
validation and financial reconciliation to fulfillment and tracking.
Through ModusLink Rebate, clients are able to strengthen relationships
with customers, improve process efficiencies and cycle time for payments
and increase visibility into claims. ModusLink Rebate is offered as part
of ModusLinkâs e-Business Suite of
Solutions, which can be leveraged in any industry, by virtually any
manufacturer. The e-Business Suite of Solutions combines ModusLinkâs
many years of vertical market, supply chain and e-Business experience
with best-of-breed technologies and standardized processes to help
clients manage the complete range of online business-to-business and
business-to-consumer supply chain activities.
Ohana Companies integrated retailer rebate processing has partnered with
MasterCard Worldwide to enhance the rebate fulfillment and redemption
process for its merchant partners and their customers. Customers who
file for product rebate offers may now receive funds on a MasterCard
prepaid card for quicker, simpler and more flexible rebate redemption
compared to old-fashioned paper-based checks. The MasterCard prepaid
rebate cards will be issued to retail customers as part of Ohana’s
patented RoCS (Return of Customer Spend) platform rebate process.
Rebates on MasterCard prepaid cards allow consumers to benefit from
being able to spend their rebate immediately for purchases at store
locations, over the phone or online with added security over cash and
WA-based WaMu has launched its “Instant Online Paperless Account” targeting small businesses as part of the organization’s mission to be a small business banking leader. The “Instant Online Paperless Account” allows businesses to open accounts online in less than 10 minutes in response to Barlow Research showing 40% of companies using Internet Banking indicated the ability to open a business checking/savings account(s) online is a top priority and very important. WaMu has assets of nearly $319.67 billion and operates approximately 2,500 consumer and small business banking stores through its subsidiaries across the country.
AL-based Compass Bank has awarded $1 million to the winner of the “VISA Your Life, More Wonderful” Sweepstakes. Jeff Dubuisson won with a $5.98 purchase of a chicken sandwich at a Birmingham-area Wendy’s restaurant. The 2007 VISA “Your Life, More Wonderful” Sweepstakes, took place between Nov. 15 and Dec. 31, 2007, and involved not just Compass Bank VISA clients, but customers of other financial institutions within the VISA network. Entries in the sweepstakes were made by making a VISA card purchase, bill payment with a VISA card or without purchase by a mail-in method. Compass Bank is a subsidiary of Compass Bancshares, a wholly owned subsidiary of BBVA, a financial services group with approximately $700 billion in total assets.
Growth in the popularity of gift cards in the United States is expected
to soon duplicate around the world. The emerging gift card markets
around the world, along with the maturing North American market, is due
to a number of factors. Among these factors are the range of different
businesses that benefit from card production, including printers,
plastics decorators and card manufacturers. Additional advantages to
companies introducing gift card programs include a low capital
investment needed and improving capability of meeting market demand for
flexibility. For the 2005 holiday season, 76% of adults had purchased an
average of 4.7 gift cards valued at US$38+, reflecting the
aforementioned popularity across North America. Furthermore, for every
US$1.00 gift card value, retailers see an average upsale of between
US$1.20 – $3.00. With modest investment in additional equipment,
retailers around the world are now realizing these advantages and are
seizing the conditions in their respective markets.
The “CSG Care Express” solution provides an automated, alternative means to the traditional manual processes carried out by customer service representatives when taking orders and upgrading services. Care Express offers convenience for the consumer and saves expense for the operator as these customers do not have to contact the call center for routine business such as billing and account inquiries. The solution gives consumers the ability to access statement summaries, make payments via credit card, debit card, checks, and cash as well as order new services, manage bundles and configure personal preferences and services. More than 5 million consumers have registered to manage their accounts, view and pay bills from cable and DBS providers nationwide, powered by CSG Care Express. CSG Systems International is a provider of outsourced billing, customer care and print and mail solutions and services supporting the North American cable and direct broadcast satellite markets.