MD-based Merchant Link has acquired substantially all of the assets of Canada-based Precidia Technologies.
A new report suggests co-branded credit cards last year generated 31% of general purpose credit card purchase volume, or $809 billion among Visa, MasterCard, Discover and American Express branded credit and charge cards. Roughly 43% of U.S. adult consumers own at least one co-branded or affinity credit card.
MD-based Revolution Payments debuts a new B2B payment gateway allowing merchants to receive the reduced level 2 and level 3 interchange rates without requiring manual entry.
MD-based StayNTouch has inked another client for its hotel software solutions. Great Wolf Lodge in Williamsburg, Virginia will use the Company’s cloud PMS Mobile Overlay Platform.
MD-based Merchant Link will use Bluefin’s Decryptx PCI-validated Point-to-Point Encryption (P2PE) Solution to enterprises and retailers utilizing Merchant Link’s TransactionLink middleware for EMV and contactless payment acceptance on integrated POS (iPOS) systems.
MD-based PaymentVision has teamed with VA-based Shaw Systems to enable the Shaw Systems clients to securely process any form of payment.
Sweden’s SEQR has forged a deal with MD-based FMS Solutions to offer retail grocery and independent supermarket clients a means for their customers to pay by smartphone.
New research reveals that roughly 26% of Canadian mobile phone users have made a mobile payment in past 12 months, up from the 17% two years ago. In a typical month, mobile payers (who have made a mobile payment in past 12 months) use their mobile phone to make a payment about four times per month.
IndiSoft and Bluefin Payment Systems partnered to offer a fully integrated payment and security solution for IndiSoft clients. IndiSoft clients using the company’s RxOffice platform will have access to Bluefin’s PayConexTM payment processing platform which includes tokenization and transparent redirect security features, as well as Bluefin’s PayConexTM point-to-point encryption (P2PE) solution. Bluefin specializes in integrated cloud-based payment and security solutions for independent software vendors (ISVs) and SaaS providers. Bluefin recently introduced the first, and to date only, PCI-validated solution for P2PE in North America. PayConex P2PE encrypts credit and debit card data in a secure point of entry device, ensuring that clear-text cardholder data does not reach the merchant’s POS systems and networks where it could be exposed to malware.
Quality Associates services and solutions for large-scale document management, imaging and archiving, implemented a custom remote check deposit solution for The Fund for Johns Hopkins Medicine (FJHM). The philanthropic arm of Johns Hopkins Medicine, raising money to support treatment, research and educational programs for Johns Hopkins Medicine, processes approximately 45,000 donor checks collected by 15 separate development offices. With this remote deposit solution, data capture, information sharing, check deposit and posting occur electronically within 3 days.
MD-based National Institutes of Health Federal Credit Union
(NIHFCU) will outsource the management of its ATMs to payment processor First Data.
The credit union also has renewed its agreement for electronic funds
transfer (EFT) services through First Dataâs STAR Network. First Data and its partner NCR will provide full-service ATM management
services, including ATM driving hardware and software, ATM first line
and second line maintenance, and Check 21 deposit acceptance. NIHFCU
will use NCR APTRA Deposit Gateway, a web-based software-as-a-service
(SaaS) solution that enables financial institutions to perform check
image processing for envelope-free deposits made at the ATM.
In addition to providing STAR Network access, First Data also will
provide signature debit processing, and the credit unionâs account
holders gain access to more than 37,000 surcharge-free ATMs through
STARsf. NIHFCU also offers access to its cardholders at other
surcharge-free ATM networks. STAR is one of the nationâs leading EFT networks with more than two
million retail and ATM locations. The network has processed more than
3.6 debit transactions in the U.S. in each of the last three years.
NIHFCU currently serves more than 42,000 members through 10 branches and 28
NIHFCU-owned ATMs conveniently located in the Washington, D.C. and
Baltimore, Md. metro areas.
MD-based payment solution provider Merchant Link’s TransactionVault hosted
credit card data tokenization was selected by Fantasy Springs Resort Casino.
The system replaces guest credit card
numbers with unique “tokens,” which can be used for all transactions,
folios, customer analytics, and marketing. Unlike other tokenization
products, TransactionVault for Lodging assigns unique tokens for each
credit card, as opposed to each transaction. Guests’ actual credit card
information is removed and safeguarded at one of Merchant Link’s secure