Verifone’s Curb, the national taxi-hailing app that will be the first to introduce advance booking for traditional, licensed taxi rides in New York. Using Curb to book a cab will be as simple as: opening the app, setting the pick-up location, and selecting to hail a cab for now or reserve one for later that…
United Thinkers announced Gift and Loyalty Card Features, the addition of Check 21 and pending Digital Currency Processing Integrations.In addition to existing Credit, Debit, Pre-Paid, and EBT Card Processing functionality, UniPay now supports Private Brand Gift, Loyalty and Combo Cards to meet the growing demand for these card types in the Electronic Payment Transaction Processing Market. The UniPay Platform provides a unified processing API for handling of credit cards, debit cards, EBT cards, pre-paid cards, gift, and loyalty cards, including management of points and rewards. This additional functionality makes UniPay the only product available where the structure and format of all basic operations remain the same across all Card Types as well as ACH Processing. The UniPay UniCharge Module is an advanced Processing and Remittance Engine supporting advanced functionality needed for transaction processing through a wide network of Processors and Gateway Partners.
United Thinkers open-source Payment Management Software provider has partnered for expansion. Its UniPay Gateway facilitates transaction processing in Europe, North America and Australia, while in the future the company plans to expand its transaction processing operations to South America and Africa through its Partnership Licensees. The UniPay platform facilitates transaction processing on an open-source nature, affordable cost, and richness of offered feature set, as well as the advanced API’s and wide variety of Code Samples for easy integrations. The UniPay UniCharge Module is an advanced Processing and Remittance Engine supporting advanced functionality needed for transaction processing while the UniPay UniBill Module supports sophisticated Recurring Revenue Management capabilities, including Recurring Billing Support for any Payment Plan, Decline Recycle, Retry, and Recovery, Automated Credit Card Update Services, Automated Reserve Management, as well as Integrated Collections Management.
American Express, National Trust for Historic Preservation to Award $3 Million in Grants to Historic Places in New York City This spring, New York City will make history to save history. American Express and the National Trust for Historic Preservation announced today that New York City will be this year’s location for Partners in Preservation,…
Smart card specialist Gemplus reported that first quarter net sales were flat at 193.1 million euros. However, gross profits edged up 1% to 61.9 million euros. Gemplus shipped 12.8 million units of payment microprocessor cards, up 20.0% year-on-year. Payment microprocessor card revenue rose 14.9% year-on-year. Despite significant EMV growth, revenue was down, due to lower sales in Pay-TV and Metering, and the cannibalization of other payment and conventional cards. For complete details on Gemplus’ first quarter performance as well as prior quarters, visit CardData ([www.carddata.com]).
Gemplus Gross Sales Track Record
1Q/04: 193.1 million euros
2Q/04: 210.5 million euros
3Q/04: 214.7 million euros
4Q/04: 242.5 million euros
1Q/05: 197.3 million euros
Source: CardData (www.carddata.com)
The cumulative total stockholder return value of First Data’s stock increased by 74% since December 1999, compared to a slight loss for companies in its peer group and by the “S&P 500 Index.” FDC’s Chairman and CEO, earned $5.37 million last year, compared to $4.81 million in 2003. Charles Fote also received $3.3 million in stock options for 2004. Scott Betts, President/Enterprise Payments, earned $1.12 million last year, a 47% gain over 2003. Betts also received $1.3 million in stock options. Michael D’Ambrose, EVP/HR, received $1.23 million for 2004, a 19% increase over the prior year. D’Ambrose also received $1.3 million on stock options. Christina Gold, President/Western Union Financial Services, earned $1.12 million in 2004, compared to $1.02 million for 2003. Gold also received $1.3 million in stock options. Pamela Patsley, President/First Data International, earned $2.3 million last year compared to $2.15 million in 2003. Patsley also received $1.3 million in stock options. First Data reported net income for full-year 2004 of $1.88 billion, compared to $1.41 billion for 2003. For complete details on First Data’s latest results, visit CardData ([www.carddata.com]). (CF Library 1/27/05)