Visa has named a 15-year veteran of the Company as the Group Executive for the Latin America and Caribbean (LAC) region, effective September 1st. Eduardo Coello will be responsible for all of Visa’s operations in the region including regional business development and client relationship management with financial institutions, merchants, and partners across 44 countries in LAC.
Western Union global payment services and Banco Ahorro Famsa expanded agreements to offer the Western Union global money transfer service across 300 Banco Ahorro Famsa locations. Banco Ahorro Famsa also will offer consumers Vigo and Orlandi Valuta services. Western Union, VigoSM and Orlandi Valuta® services are offered in Mexico through a strategically combined Agent network that include banks, national retail chains and independent locations. The Western Union Company, through its Western Union, Orlandi Valuta and Vigo branded services, connects consumers in Mexico to more than 510,000 Agent locations across 200 countries and territories.
OXXO convenience store chain in Latin America is set to implement NEC’s “TWINPOS 4500” POS hardware platform. OXXO is the largest convenience store chain in Latin America, with more than 8,000 stores throughout Mexico and Colombia, providing convenient services and products, 24-hour service in most areas and a fast and comfortable shopping experience. With more than 300,000 POS systems installed worldwide, NEC technologies meet the complex needs of its customers and was established more than 100 years ago.
Discover’s Diners Club International announced the
opening of 13 new airport lounges located in Mexico and Singapore,
bringing the total number of lounges in the Diners Club
airport lounge program to more than 130 worldwide. In Mexico, 11 new
“Salon Premier” lounges will be accessible to Diners
Club Cardmembers at airport locations in Cancun, Chihuahua, Ciudad
Juarez, Guadalajara, Merida, Monterrey, Tijuana, Torreon, and Mexico
City Terminal 1 and 2, which will feature three lounges. The Salon
Premier lounges will be managed and staffed by AeroMexico, the largest
airline in Mexico. The lounges feature a range of complimentary snacks,
fresh-brewed coffee, tea, and alcoholic beverages, as well as
television, newspapers, and magazines. All lounges also offer Internet
access along with telephone and fax services. Diners Club Cardmembers
also can relax in two Premium Plaza lounges located in terminals 2 and 3
at the Changi International Airport in Singapore. Fee-based services
include: a fitness facility; napping suites; body massages; and foot
Telecom provider Nextel and ATM provider NCR Corporation have teamed to provide a self-service bill payment solution. The NCR self-service bill payment solution deployed by Nextel includes a managed services agreement that provides hardware and software service, remote system monitoring and 24/7 help desk support. NCR Services are
designed to help businesses enhance customer interactions, reduce costs
and improve the effectiveness of the self-service channel through
increased availability. The solution is based on the NCR “SelfServ 32”
automated teller machine platform and is designed to enhance
service by allowing Nextel customers to quickly pay their bills without
staff assistance, using cash, credit cards or debit cards. Currently, the NCR “SelfServ” ATMs are installed at Nextel Customer Services Centers in Mexico City, Guadalajara, Monterrey and Mexicali with plans to install the machines in 24 other major cities throughout Mexico.
MoneyGram’s Board of Directors has appointed
Pamela Patsley, previously with First Data, as Executive Chairman of the
Board and Anthony Ryan as President and CEO. Patsley served as
President of First Data International, where she was responsible for all
of the company’s business outside the U.S. Prior to First Data, she
served as CEO of Paymentech Inc., which she took public in 1996 and then
sold to First Data for an enterprise value of $1 billion in 1999.
Tony Ryan joined MoneyGram in 1995 and has
been responsible for overseeing day-to-day operations of the Company
since June 2008. Prior to this, he served as Executive Vice President
and COO, President of MoneyGram Global Payment Products and Services,
and led the Global Funds Transfer Group, which included the
international money transfer business.
MoneyGram’s Board of Directors has appointed Pamela Patsley, previously with First Data, as Executive Chairman of the Board and Anthony Ryan as President and CEO. Patsley served as President of First Data International, where she was responsible for all of the company’s business outside the U.S. Prior to First Data, she served as CEO of Paymentech Inc., which she took public in 1996 and then sold to First Data for an enterprise value of $1 billion in 1999. Tony Ryan joined MoneyGram in 1995 and has been responsible for overseeing day-to-day operations of the Company since June 2008. Prior to this, he served as Executive Vice President and COO, President of MoneyGram Global Payment Products and Services, and led the Global Funds Transfer Group, which included the international money transfer business.
Volaris Airlines will now be a UATP merchant, accepting the
cards for payment through UATP Settlement Services (USS). USS reconciles
payment transactions with a low-cost system on a weekly cycle for its
merchants. Regarding the airline’s punctuality, Volaris has take off and
indexes of 95% and with this development as a company, is reflecting
for market share in corporate travel. Furthermore, the airline offers
to over 16 destinations while UATP cards are accepted for payment around
the world and are issued by many different airlines.
MasterCard’s “PayPass” continues to exert leadership and momentum in the global contactless payment arena. Over the past twelve months the number of “PayPass” cards and devices has soared by 60%, rising to 16 million at mid-year. This month in the U.S., Harvard University Employees CU became the first credit union to offer “PayPass”; PETCO Animal Supplies announced it will accept “PayPass” in all of its 900 stores; MO-based Central Bancompany became the first community bank holding company to issue “PayPass” cards; and Einstein Noah Restaurant Group, Einstein Brother’s Bagels and Noah’s Bagels, announced that they will begin accepting contactless payments at their over 400 locations. Last month, MasterCard and VeriFone announced that New York City taxis will begin accepting “PayPass,” with more than 5,000 NYC taxis anticipated to accept PayPass by December and MasterCard and USA Technologies announced the installation of a record number of cashless payment terminals, up to 7,500 into Coca-Cola vending machines in several markets nationwide. Internationally, “PayPass” trials and roll-outs are currently underway in 18 countries, including Australia, Canada, France, Indonesia, Italy, Japan, Korea, Lebanon, Malaysia, Mexico, the Philippines, Spain, Switzerland, Taiwan, Thailand, Turkey, the United Arab Emirates, and the U.K.
Orlandi Valuta and Vigo have announced the implementation of
remittance services in 215 Soriana and Mercado Soriana grocery stores
throughout Mexico. With this development, consumers can send funds
from Vigo and Orlandi Valuta Agent locations to the 215 Soriana and
Mercado Soriana locations in Mexico to be disbursed on loyalty cards
issued on location. Orlandi Valuta is a subsidiary of The Western Union
Company offering money transfers to Central America and has more than
12,000 locations worldwide, approximately 7,000 of which that offer both
Orlandi Valuta and Western Union services. Vigo Remittance Corp is also
a subsidiary of The Western Union Company and has over 4,000 agents in
45 states in the U.S. and more than 30,000 locations worldwide. Soriana
currently has 234 stores in 108 cities and 29 states in Mexico and six
Fiserv has announced that Banco Ahorro Famsa has chosen
their solutions to provide banking core, treasury, anti-money
laundering and risk management solutions. The bank received
certification by the supervisory government agency Comision
Nacional Bancaria y de Valores (CNBV) in early January 2007 to
initiate operations and will conduct business with the general public.
Plans include the establishment of 300 branches in Grupo Famsa
S.A. de C.V. stores in Mexico by 2008. Fiserv will support the
bank through expansion with client service.
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.