Today’s CardPixes Feature
CardWeb.com’s CardPixes database of more than 7,000 card images today features the ANZ First Visa. The card is issued Australia/s ANZ Bank..
XBridge Systems Joins Success Group Global Technology Coalition
Success Group International (SGI) announced that XBridge Systems has joined the Success Group Global Technology Coalition. SGI Global Networks which now includes SGI Global IT Network (SGIN), Global Partner Network (GPN), Global Business Network (GBN) and now SOC Global Network (SOCGN) with 35,000 global members. Marv McGrew, CEO of Success Group International stated, “Just in…
Payment Data Systems Announces Debit Payment Offering
Payment Data Systems electronic payments solutions provider made available its “Debit Only” card payment method product. This targets organizations that do not want their customers to incur debt as a result of their payment but still want to offer the processing security and convenience of a card. This capability is available through all our payment acceptance channels including Customer Service Representatives, IVR, our program interface technology (API), our gateway services, and our soon to be released iPhone® application iRemotePay.
IMARC Studies India Smart Cards Market
The changing global scenario is one of the key drivers behind the rising demand for smart cards. With the Indian government undertaking various programs like the Rashtriya Swasthya Bima Yojana (RSBY), the National Rural Employment Guarantee Act (NREGA) and the Public Distribution System (PDS), there is sure to be an upsurge in the adoption of smart card technology in India. Through 2016, smart cards are expected to penetrate into a range of other sectors like credit/debit cards, financial inclusion, public distribution, healthcare, identity management, transportation and more. New market research report “Indian Smart Card Market Report & Forecast: 2011-2016” delivered by IMARC Group provides true and unbiased insights into the smart cards market in India. The research work enhances understanding of not only the market trends, structure, key drivers and restraints but also the outlook of the market through 2016.
Visa Europe Launches Apprentice program
Visa Europe launched its Higher Apprenticeship program after recruiting 14 apprentices this summer for its 20 new apprenticeships. PDS Group IT and Telecoms apprenticeship consultancy, was selected by Visa Europe to help build its IT, Finance and Business Administration Apprenticeship programmes. PDS won the contract after providing an initial feasibility study. All but one of the 14 apprentices will join the TPS technology division to study for a Foundation Degree and a Level 4 Diploma to become ICT Professionals, whilst one will work in the Finance division and study for AAT and CIMA qualifications over a four-year period. Visa Europe has also introduced six Business Administration Apprentices who will join the teams in HR, Strategy, Corporate Communications, Relationship Management & Sales, Risk, Compliance & Corporate Services and Marketing, bringing the total apprentice intake to 20.
Payment Data Systems Sees Highest Payment Volume
Payment Data Systems electronic payments solutions processed the highest credit card dollar volume in October than any month in 2010. With this, combined with November figures, the Company is projecting the totals for the fourth quarter will be the best of the year and for a 15-20% increase over the previous quarter. This growth is thanks in large part to the makeup of our client base which is predominately large recurring billers like insurance companies and the fact that we have fewer retail merchants in terms of volume. Also to thank are the increases in continuing sales efforts.
Payment Data Systems 2009 Revenue up 7% Y/Y
Payment Data Systems integrated electronic payments solutions provider announced revenue for the year ended December 31, 2009 increased 7% to $3,218,674 from $3,001,487 in 2008. The increase of $217,187 was primarily due to increased card-based processing revenue from increased transaction volume. Operating loss improved by 46% to $941,670 for 2009 from $1,690,300 in 2008. Net loss for the year ended December 31, 2009 decreased to $803,526 from $944,617 in 2008, but the net loss for 2009 was $267,326 after adding back noncash stock-based compensation expenses of $536,200. Additional disclosures show Payment Data Systems processed 29% more credit card transactions in 2009 as compared to 2008; 11% more credit card dollar volume in 2009 as compared to 2008; total assets increased 91% from $607,991 at December 31, 2008 to $1,162,869 at December 31, 2009; cash increased 447% from $103,428 at December 31, 2008 to $565,597 at December 31, 2009 and net income was $22,565 for Q3 of 2009 and a net loss of $53,712 for Q4 of 2009.
ADS Inks PDS for Private Label Cards
Alliance Data Systems Corporation loyalty and marketing solutions has
signed a multi-year agreement with CA-based Pacific Dental Services
(PDS) business support services provider to provide patient financing
and marketing services through a private label credit card program.
Terms of the agreement stipulate Alliance Data is to provide integrated
private label credit card services for receivables funding; credit
authorization; statement generation; remittance processing; customer
service functions; and marketing services in support of the private
label credit card program. ADS is also to integrate account acquisition,
authorization and settlement services into Pacific Dental’s practice
management system to allow for seamless account acquisition and patient
financing. PDS provides comprehensive business support services to
dental and orthodontic practices throughout California, Nevada, Arizona,
Colorado and Texas with recorded 2008 revenues in excess of $270 million.
Alaska Option Joins Acculynk PaySecure
Alliance Data Systems Corporation loyalty and marketing solutions has
signed a multi-year agreement with CA-based Pacific Dental Services
(PDS) business support services provider to provide patient financing
and marketing services through a private label credit card program.
Terms of the agreement stipulate Alliance Data is to provide integrated
private label credit card services for receivables funding; credit
authorization; statement generation; remittance processing; customer
service functions; and marketing services in support of the private
label credit card program. ADS is also to integrate account acquisition,
authorization and settlement services into Pacific Dental’s practice
management system to allow for seamless account acquisition and patient
financing. PDS provides comprehensive business support services to
dental and orthodontic practices throughout California, Nevada, Arizona,
Colorado and Texas with recorded 2008 revenues in excess of $270 million.
PDS ACH Platform & Plug’n Pay Gateway Combine
E-payment provider Payment Data Systems has integrated the “Plugân Pay” e-Commerce
gateway to the PDS ACH platform to provide e-Check service to its
customers.Through the integration of the PDS ACH platform to the Plug’n Pay
gateway, PDSâ services are fully available through the Plug’n Pay
gateway with no additional integration involved. The e-Check transaction
reporting is integrated into the industry leading Plug’n Pay reporting
so there is only one reporting interface that the merchant accesses for
both check and credit card sales information.
Plug’n Pay is a provider of payment and
digital fulfillment solutions for Internet merchants. Plug’n Pay’s
payment systems allow merchants to accept and manage both credit card
and electronic check payments in a secure environment.
Payment Data Systems is an integrated payment solutions provider to
merchants and billers.
MC CPV
MasterCard has qualified Collis’ MasterCard “Card Personalisation
Validation” (CPV) module on its EMV Personalization Validation Tool
(Collis EMV PVT), strengthening its position to accept card payments
worldwide. In addition to worldwide acceptance, Mastercard
evaluation/qualification for CPV provides Collis testing on its
EMV/PayPass contactless and swipe cards and ensures the tool complies
with test specifications version 2.0, PDS 2008 and PayPass PDS 1.3 for
perso bureaus and MasterCard issuers. This allows the issuers to prepare
for the formal Card Personalisation Validation sessions. Collis
Consulting Services, Test Tools, Test Services and Training Courses in a
range of industries has provided proven testing tools and expert
consultancy to the Payment/EMV, e-Identification and 3G/GSM markets
while MasterCard Worldwide serves consumers and businesses in more than
210 countries and territories.
PDS’ Zbill Lands a Major Payroll Card Deal
Payment Data System’s zBill will integrate the PDS “Private Label” bill
payment service to a payroll card program for a new client.
This solution will provide the ability for the more than 250,000
employees that use the client companyâs stored value payroll card
services to
pay their bills online to over 3,200 nationwide billers. Zbill is a
provider of private labeled electronic payment
solutions to billers, banks, service bureaus and card issuers. The
organization provides an extensive set of functions to a customer to
deliver world-class bill payment solutions to their customer base.