Social Loyalty Program
ShopSocially and FSAstore.com have teamed to launch its FSA rewards program. Powered by ShopSocially, the program aims at offering loyalty awards to customers not just for purchases, but for all-round engagement.
eCommerce Discounts
New research shows 48% of men say they buy everything on their credit card so they can get the reward points versus 38% of women. In general, 46% of men have signed up for cash back offers on their bank/credit card to get money back for shopping at certain locations, versus 40% of women.
Sustain:Green MC
CardWeb.com’s CardPixes database of more than 7,000 images today features the Sustain:Green MasterCard from Commerce Bank.
VAR & ISV Platform
The days of reselling third-party payment gateway services or referring merchants to payment gateways are over. IL-based NMI announced the expansion of its payments enablement platform for the Value Added Reseller (VAR) and Independent Software Vendor (ISV) markets.
Gem Bitcoin Platform
Gem Bitcoin startup, launched a Bitcoin platform for developers at TechCrunch Disrupt SF’s Startup Battlefield. Selected as one of 30 companies competing for a chance to win $50,000 and the coveted Disrupt Cup, Gem’s full-stack API now provides developers with a complete solution that eliminates the pain of building Bitcoin security infrastructure into their apps. Founded by Bitcoin, Gem offers a platform for securing Bitcoin and other digital currencies. The importance of protecting Bitcoin balances and transactions is now mandatory in the wake of several recent industry security challenges resulting in the loss or theft of over half a billion dollars’ worth of Bitcoin. Gem’s solution, which can be deployed by developers in minutes, utilizes a three-key multi-signature system and several other integrated bank-grade security features to ensure Bitcoin wallets and funds are always secure and accessible. The combination of multi-signature technology with best-in-class authentication and monitoring systems in one comprehensive platform makes the Gem solution a first for the digital currency world.
CardFlex Litigation
The I Works scam continues to haunt CardFlex. In December 2010, the FTC charged I Works with scamming consumers out of more than $275 million via deceptive “trial” memberships for bogus government-grant and money-making schemes.
I WORKS
The FTC says the I Works credit card processing deception took in more than $26 million in illegal credit and debit card payments through the Visa and MasterCard payment networks. Three of the defendants have agreed to settle the FTC’s charges.
FI-MOBILE has integrated Allied’s Picture Pay
Allied Payment Network today announced that mobile banking solutions provider FI-MOBILE has integrated Allied’s Picture PayTM into its mobile banking offerings, enabling FI-MOBILE’s end users to pay any bill by simply taking a picture of the bill with their mobile device. FI-MOBILE develops downloadable apps for banks and credit unions that enhance the Internet channel experience for their customers and members. Picture Pay seamlessly integrates within FI-MOBILE’s mobile banking solution, providing a quick and simple integration process for FI-MOBILE’s financial institution customers.
InterWallet Signs 1000 Store Deal
InterWallet entered into an agreement to place 1,000 of its multi-functional kiosks with Open Payment Solutions, LLC. InterWallet manufactures cutting edge ATM like kiosks capable of providing a multitude of services to mainstream America including access to 10,000 Billers (bill pay), Phone Cards, Pre Paid Debit Cards, Movie and Show tickets as well as the capability to offer a multitude of services to the under banked and un-banked.
Wave Crest Selected by Commissions2Go
Wave Crest Group Limited, a multi-currency digital payments platform that offers full-service, global solutions, has been selected as program manager and payments technology partner for Commissions2Go’s new commission distribution solution. In the new program, commissionable agents will register with C2Go at C2GoCard.com and receive a personalized C2Go card. C2Go clients can then pay commissions to the account in real time after validation through the C2Go web portal or via a mobile interface using QR codes identifying the recipient. Card recipients can use the C2Go card anywhere major card brands are accepted, or get cash at ATMs. C2Go handles all transaction reporting and 1099s on behalf of their entertainment clients.
Visualsoft eCommerce Implements Realex PCI Payments
Realex Payments, an established e-retail payment service provider, and Visualsoft, an award winning ecommerce platform, have announced a partnership that offers PCI compliant payment solutions for online retailers operating on the Visualsoft platform. Realex Payments works closely with online retailers throughout the initial engagement period, providing consultative services to establish the particular suite of payment solutions that is required to fit the individual business needs. Realex Payments is already trusted by Visualsoft merchants who process thousands of orders per week. Read the latest case study from Realex Payments – “Improving Fraud Management and Customer Navigation Solutions to Deliver Increased Sales” – demonstrating the onboarding process of online retailer www.Lilylola.com and highlighting the key solutions provided by Realex Payments.
Allied Wallet Showcased in mDevelopment Mag
Webundmobile Magazine featured Allied Wallet for their e-commerce payment solution and international credit card processing. Allied Wallet’s global, e-commerce payment solution has been growing vastly across the European Union and is being adopted by many German websites for credit card processing and alternative payment processing solutions for international transactions. Integrating Allied Wallet’s payment solution is simple with a short API integration, and it offers web developers an opportunity to earn a monthly residual. By referring their merchant to Allied Wallet’s e-commerce payment solution, developers will earn residual income long after their project is complete.