Lightspeed POS has acquired Amsterdam-based eCommerce software company SEOshop. As part of the acquisition, Lightspeed is launching Lightspeed eCom, its new eCommerce platform in the UK.
Seamless’ mobile payment service SEQR, which this spring has become established as one of Europe’s leading mobile payment solutions, is continuing its rapid roll-out into new markets. Having been introduced in a number of European countries in the spring, a couple of weeks ago the service was launched in the US and now it’s the UK’s turn.
SuperGroup, the UK fashion retailer, has picked Wincor Nixdorf to provide an IT managed service to support its existing stores in the UK and six other European countries, as well as supporting future expansion throughout Europe.
CardWeb.com’s CardData database of Company Profiles today features payment services provider AsiaPay. The Company serves over 3,000 merchants and almost 20 financial institutions in Asia. Joseph Chan founded AsiaPay in 1999.
The California Korean American Grocers Association (KAGRO) and US Bankcard Services, Inc. (USBSI) have inked a deal to offer KAGRO members special payment benefits.
India’s My Mobile Payments a/k/a MoneyOnMobile has announced the launch of PayJaldi service specifically for SMEs. MoneyOnMobile also announced the launch of its domestic Mobile Money Order service for customers in January 2015.
Hong Kong-based AsiaPay Technology unveiled its newly certified 3-D Secure Access Control Server (ACS) managed service for issuing banks after launching the ACS solution in earlier years.
BPC Banking Technologies payment solutions for the global financial industry announced the launch of SmartVista for Retailers. SmartVista for Retailers is designed to help businesses of all sizes streamline payment operations while supporting the widest range of payment methods and channels. The solution provides all the capabilities needed to support today’s fast moving, competitive retail environments in an integrated, flexible and secure package. Retailers face considerable challenges in their mission to deliver what consumers want at a price they are willing to pay, backed by the convenience and service they demand. SmartVista for Retailers helps capture market opportunities by rapidly meeting the unique needs of changing markets. The solution supports single- and multi-site retailers, as well as mono-retailers and retailers with multiple departments. A full range of payment options are supported, including EMV (Europay Visa Mastercard) chip and magstripe, contactless and mobile, credit and debit cards, prepaid and virtual cards, gift cards and vouchers, ensuring retailers can offer consumers the widest range of payment acceptance. Designed to operate in a dynamic environment, SmartVista for Retailers is multi-channel, multi-currency, multi-lingual, multi-institution and multi-acquirer.
Fiserv announced that its Mobiliti mobile banking platform received four “Best in Class” distinctions in a recent CEB TowerGroup global mobile technology analysis. Mobiliti from Fiserv was named “Best in Class” in each of the four categories evaluated: Customer Experience, Interface Development, Integration and Management and Enterprise Support. The CEB TowerGroup technology analysis aims to provide a customer-driven, transparent and unbiased review designed to drive informed business decisions. Its product rankings highlight best-in-class attributes and show a comparative perspective of leading products. This report assessed more than a dozen mobile banking offerings across worldwide markets. When evaluating Mobiliti, the CEB TowerGroup report cited the structured approach to product roadmap development employed by Fiserv to ensure continued delivery of innovative product features.
Digital River expanded its relationship with PayPal, which also added PayPal Express Checkout and Bill Me Later to its existing PayPal portfolio. The new payments represent the first in a series of PayPal options that Digital River will make available to its commerce customers. These options enhance Digital River’s current payment offering, which today supports more than 40 international and local payment options in more than 170 currencies. Bill Me Later is a PayPal service that enables online shoppers to buy now and pay later. Upon approval, buyers can use this payment option as a secure, instant and reusable credit line. By offering this payment option, Digital River can help its customers streamline the buying experience and increase close ratios by making higher priced products more affordable for an average consumer.
Digital River expanded its Value Added Tax (VAT) management capabilities by partnering with Meridian Global Services. Digital River has long provided VAT calculation and collection capabilities as part of its global commerce solution. Working with Meridian, Digital River can extend its VAT advisory and remittance capabilities as a companion offering to its Digital River World Payments solution. The joint offering provides cross-border merchants access to both global online payments and VAT compliance solutions. The technology combination benefits merchants by breaking down barriers that prevent them from maximising their overseas selling opportunities. While the Digital River World Payments solution enables merchants to cater to local preferences with regionally preferred payment options and purchasing experiences, Meridian’s solution helps merchants manage the back-office operations of VAT compliance, which go hand-in-hand with global transactions. Through its global payment solution, Digital River offers online merchants more than 180 international and local payment options, and over 170 transaction and display currencies.
Digital River announced the appointment of Ed Eger to its board of directors. Having most recently served as a senior vice president and general manager of the Americas at PayPal and as an advisor to the CEO at eBay Corporation. A seasoned international payments executive with deep financial services, management, branding and risk management experience. From May 1999 to July 2009, Mr. Eger was with Citigroup and last served as the CEO and business head for its International Cards business. While at Citigroup, Mr. Eger was responsible for an organization that spanned 50 countries and served more than 40 million customers worldwide.