MA-based Cumberland Farms, a gasoline and convenience retailer, reports its brand has sold $1 billion in gas through its SmartPay program since its launch in January 2013. Over the last 12 months, transaction volume has more than doubled and continues to grow rapidly, making SmartPay Check-Link the most popular method of payment at the pump.
Jack Henry’s ProfitStars division has introduced a new platform that enables financial institutions to provide custom online payment and donation services for business customers.
In 2014 government agencies spent almost $26.4 billion in 2014 through 90 million transactions, mostly with the GSA SmartPay Purchase Card. There are currently over three million government purchase cards in circulation.
Card-based decoupled debit (ACH) payment solutions provider, National Payment Card Association (NPCA), has changed its name ZipLine. The company also hired a new CEO.
CardConnect payment processing announced its acquisition of SmartPay online billing tool developed by Onsharp, an interactive agency that designs, builds and supports web-based technology solutions. The SmartPay enterprise billing tool gives a business’s customers the ability to receive, view and pay their bills online, eliminating the need for paper invoices. The tool is particularly beneficial for businesses that rely on invoicing – such as law firms, hospitals and manufacturers – and are looking for a way to streamline the process.
Ingenico and POS Portal POS terminal distributor partnered to push the Ingenico “Telium” series POS products for sale and distribution to its independent sales organizations (ISOs) in the United States. The “Telium” series POS devices, designed on “Telium 2” technology architecture, are EMV compliant offering the U.S. marketplace what it needs under the fledgling EMV requirements. POS Portal will distribute Ingenico’s countertop terminals, NFC-ready mobile devices, and customer-facing terminals that are Class A certified and ready to securely accommodate all forms of payment including contactless, EMV, NFC mobile, and traditional magnetic stripe cards.
SmartPay partnered Matrix Payment systems, which has agreed to become a Premier Partner reselling Onsharp’s electronic billing payment and processing solution (EBPP) SmartPay. SmartPay now offers Level 3 Processing, which asks for more information from the cardholder like the invoice number, purchase amount and the tax amount. Matrix Payment Systems provides a full range of payment processing solutions to thousands of businesses across the country. With Matrix, customers can process all their credit cards at a low, all-inclusive rate by automatically processing Level 2 and Level 3 data simultaneously.
UAE Exchange global remittance and foreign exchange brand, is celebrating its 31st Anniversary which falls on 23rd October, marked by a three-day long celebration across its global operations. UAE Exchange, which was established on 23rd October, 1980 in Abu Dhabi, UAE, today has its direct operations spreading across five continents, offering the widest range of popular products and services in the sector. UAE Exchange also has a strong correspondent banking network which includes more than 150 leading banks across the globe.
New Zealand technology firms SmartPay and Tait Radio Communications are celebrating breakthroughs into the Australian market as banks and state governments accept their technologies for use across the Ditch. In the case of NZX-listed SmartPay, it has achieved Australian certification for use of its proprietary retail payment terminals by Westpac Bank, the first in a string of acceptances required for the kiwi company to grab a larger share of the Australian EFTPOS terminal market. The company is targeting growth from less than 1% market share at present to 5% as Australian retailers shift to the EMV “chip-card” standard for credit and debit cards, which was deployed in New Zealand earlier, in part to meet international tourist expectations during the Rugby World Cup.
J.P. Morgan’s Commercial Card Solutions unit announced that its Department of Energy client expanded its “GSA SmartPay2” charge card program by enabling one of its major contractors to use J.P. Morgan’s Single-Use Accounts solution to make electronic card payments to its vendors. Subsequently, CWI pays vendors more quickly, continues to reduce its paper-based payment processes, further increases payment security, and reaps the benefit of collecting financial rebates and expects to have more than 100 of its largest vendors accepting Single-Use Account payments by year-end. SUA helps expand CWI’s SmartPay2 program participation by including large-dollar payments.
InMobi independent mobile ad network launched its “InMobi SmartPay” performance based global mobile payments solution. It will let app developers, game companies, and content providers in the US’ $200bn mobile content and virtual goods space expand business and monetize their users quickly and easily into new markets by providing a one-time, no-cost, single point of integration across multiple countries. The solution offers consumers a seamless, pure mobile checkout experience using secure, direct to carrier billing to start, but expanding to all forms of mobile payment methods including credit cards, PayPal, and local mobile wallets by the end of the year. The “InMobi SmartPay” combines InMobi’s massive global ad network of nearly 32 billion ads monthly in 200 countries with a mobile payments solution, enhancing its core competitive advantage for clients by integrating actual purchasing behavior into its real-time ad-serving feedback loop.
U.S. Bank has been awarded a contract by Amtrak to provide the national passenger rail service with purchasing and travel card services under the GSA “SmartPay 2” program. The contract is the first awarded under the GSA SmartPay 2 program since the 2008 government-wide re-competition. In that re-competition, U.S. Bank increased its market share to…