SINOPAY GPP

Sino Payments payment card processing services is deploying its “SinoPay
GPP” (Global Processing Platform) in Shanghai and Macau to service Asian
regional supermarkets and retailers, mostly in China. With a volume of
16.7 billion bankcard-based transactions in China valued at nearly $18.6
trillion-a 22.5% and 14.1% increase respectively over 2007-the card
processing industry serves 1.2 million merchants and 1.8 million POS
machines for the 1.8 billion payment cards currently in circulation.
NV-based Sino Payments converts transaction processing systems, focusing
on providing IP credit and
debit card processing services.

AmEx and Maritz to Introduce MaXvantage

American Express Business Travel and business travel specialist
Maritz Travel have entered into a preliminary agreement to
launch “MaXvantage”, a strategic alliance to provide end-to-end strategic
meetings management services that support a company’s entire meeting,
event and incentive travel portfolio. “MaXvantage” will be designed to manage the
meetings process, negotiate cost-saving agreements and favorable
contract terms and conditions with suppliers, and improve the
participant experience by designing and implementing memorable meetings,
events and incentive travel programs to ensure maximum return-on-investment and will develop
transparent, company-appropriate spending policies that will enable
increased accountability while helping companies consistently apply
processes to control costs when planning meetings and track, measure and benchmark purchasing behavior to ensure maximum
policy effectiveness over time.

SINO R&D

Sino Payments is slated to open its Macau Business Support Center before
the end of June 2009 to establish its R&D unit and host the Sino Pay
Global Payment Processing system for international credit and debit card
transactions. The Macau office will provide Sino Payments government
liaison and advice free of charge to encourage its expansion. NV-based
Sino Payments offers IP transaction processing through its “SinoPay GPP”
to convert transaction processing systems from dial up point-of-sale to
an IP transaction process for reduced transaction times while the Macau
Government Business Support Center is focused on strengthening Macao’s
role as a regional service center and to reduce start-up costs for
foreign investors.

Sino Payments Targets China/Asia Merchants

Nevada-based Sino Payments has signed a MOU for merchant acquiring
with payment solution provider BCS Holdings. Sino Payments and BCS are
developing a merchant sales and marketing
program for Greater China and other in Asia by the end of 2009 on
behalf of Sino Payments. Sino Payments focuses on providing IP credit and debit card processing services to large retail chains in China and
throughout Asia including supermarket chains and large regional
multinational retailers.

SINO & BCS MOU

Sino Payments and card processor BCS Holdings have entered into a merchant acquisition agreement. Sino Payments focuses on providing IP
credit and debit card processing services to large retail chains in China and throughout Asia including supermarket chains and large regional multinational retailers. BCS Holdings is a full service payment
solutions provider for traditional and internet businesses.

MHI ETC

Mitsubishi Heavy Industries has rolled out a trial for an electronic
toll collection system at the Penchala toll plaza of the
Damansara-Puchong Expressway near Kuala Lumpur. ETC enables collection
of road tolls without requiring
vehicles to stop at tollgates. The trial was launched with support from
the Malaysian government, which is considering upgrading its existing
ETC system to a multi-lane free flow (MLFF) type in order to ease
traffic congestion. For the trial operation, MHI is providing a
roadside communication
system and vehicle on-board units (OBUs). The ETC system being
demonstrated features highly reliable Japanese ETC
system specifications. The system uses active-type dedicated short-range
communication (Active DSRC). Considering the needs of overseas markets,
MHI’s OBU is battery powered and accepts contact-less IC card for
prepayment. Through the demonstration, MHI
aims to prove the reliability of its ETC technology, the new system’s
compatibility with currently operated ETC cards, and its functionality
in mixed operation with the existing system. MHI has been aggressively
marketing this “Global ETC” system with the aim that it will become a
global standard in ETC systems from
Japan. When adopted, the system, which can collect tolls from about
2,000 vehicles per hour, will contribute significantly to easing traffic
congestion.

OKI Delivers Superior Value in POS Receipt Printing

NJ-based OKI Data Americas’ Printing Solutions brand has released the “RT322 Series” of thermal point of sale (POS) receipt printers.
The “RT322 Series” is part of the company’s label/POS product portfolio,which includes portable, desktop and enterprise thermal label printers,
and POS printers. OKI Data Americas is the only manufacturer to offer a
full-line portfolio of printer technologies, including label, POS, SIDM
and color and monochrome laser/LED and multifunction printers (MFP). Small footprint that can be positioned for horizontal or vertical use
making it conducive to environments such as retail where counter space
utilization is critical
Drop in and print paper loading that reduces end user training
requirements and downtime while processing customer transactions
Tear bar model offers customers a low cost of operation, plus an
optional cutter for increased functionality
Direct thermal printing technology provides lower consumables costs and
additional media flexibility with sharper print output
Models come with parallel, serial, high-speed USB or network
connectivity standard and interchangeable interfaces to deliver future
cost savings in the event businesses’ systems requirements change.

AMEX BUSINESS TRAVEL

American Express Business Travel’s “Business Travel Monitor” revealed that international and domestic airfare
prices ended 2008 up year-over-year and hotel rates down slightly.
Looking at Q1 2009 data, signs point to the effect of a weakening
economy, belt tightening by corporations, and falling consumer demand
noticeably impacting travel rates across the board. Average domestic and international airfares paid increased 7% and 6%
respectively in 2008 as a whole, but began to
slide in Q4 2008,continuing into Q1 2009. The Q1 2009 domestic average airfares paid are down 9%
compared to the first quarter last year and international average airfares paid are down 12%
versus Q1 2008. The average international and domestic booked hotel rates both showed
year-over-year decreases of 12% in the first quarter 2009. International business class air travel fell from an average of
50% of all bookings in 2008 to 39% in Q1 2009 while economy class international air travel surged to 56% of all travel in Q1 09 versus a steady 43%
throughout 2008. The BTM includes both average published and purchased air fares captured
across hundreds of domestic and international routes, including
unrestricted first class, business, economy, and discounted, restricted
economy air fares. The methodology for the average air fare paid is the
one-way price paid by all travelers booked through American Express
Business Travel, including taxes and fees, for all routes.

SINO PAYMENTS AND POWERE2E

IP transaction processing system provider
Sino Payments has signed a contract with retail merchant e-Service PowerE2E to provide credit and debit
card processing services. The agreement is for card processing
services for PowerE2E’s clients as well as directly for PowerE2E
transactions. The SinoPay GPP system is being deployed on site at PowerE2E’s
Headquarter location in Shanghai. The first project is for an ecommerce client site and
PowerE2E and Sino Payments are working on additional joint business
development opportunities to provide service to PowerE2E’s existing
customer base.

SINOPAY GPP

Sino Payments is now deploying its Global Processing Platform in
Shanghai to provide IP
credit and debit card processing services to its customers in China.
The SinoPay GPP system will facilitate the processing of Visa,
MasterCard, American Express, Diners, Discover and JCB and will be
integrated with China UnionPay to provide processing of UnionPay Debit
cards in China. SinoPay GPP can be deployed in any country to provide
efficient IP processing of all credit card types and has been
specifically designed for roll out around the region in Asia.

AmEx Unveils its Small Meetings eXpert

American Express Business Travel has introduced “Small
Meetings eXpert” designed to plan and book meetings with fewer than 50 attendees.
“Small Meetings eXpert” provides real-time connection to browse content,
compare rates and book guest rooms, meeting space, catering and audio
visual equipment. The solution also offers exclusive access to
pre-negotiated rates and packaged deals from the American Express hotel
and meeting supplier network. “Small Meetings eXpert” enables users to place a temporary hold on meeting space.
This allows for the additional time that may be needed to seek internal
approval prior to making a final commitment. Attendee management and
reporting capabilities are also key features of the solution.
Small meetings often represent unseen spend that can equal an incremental two
thirds of a company’s managed meeting spend. Through the control and
transparency provided by “Small Meetings eXpert”, companies are able to
consolidate this previously unseen and unmanaged spend and ultimately
drive significant savings to their bottom line.

AmEx Business Travel Saves $2B in T&E

American Express Business Travel reports it has helped its clients save
over $2 billion in T&E expenses.
New business acquired reached $3.4 billion and global customer wins
increased 172 percent compared to 2007, with a global retention rate of
98 percent1. The North America Middle-Market client segment experienced
a 63 percent year-over-year growth increase, while Advisory Services
achieved a 33 percent annual growth rate, globally, in consultative
sales. In 2008, American Express reported $25.4 billion in travel sales.
The “Free Travel Program Assessment” program provided clients and
non-clients of all sizes located around the
world with the opportunity to identify areas for further savings, and
offered advice on how to best recession-proof travel budgets. In less
than four months, the program has identified more than $2.6 million in
potential saving opportunities for participating mid-size companies by
using proprietary methodology to analyze key indicators. Other services
offered include
Global Advisory Services; Small Meetings Solutions; aXiom in
International.
FX International Payments (FXIP) Solution; BusinessTravelConneXion.com
(BTX);
Eco Solutions; Pre-Trip Approval (PTA)and aXis @ Work.
The roster of newly-won business and renewed customers cuts across all
industries and client segments, revealing a diversified global and
regional base, including notable brands such as British Telecom, which
decided to consolidate its program and use American Express Business
Travel in Europe, Asia and the United States; and Rio Tinto, which
globally consolidated its program in Australia, Europe and North
America. Leading companies that expanded travel programs into additional
regions include ExxonMobil in India; Commonwealth Bank in Australia;
Akzo Nobel in China; and Citi, Walmart and Philips in Argentina.