WorldPay Web Site Attacked by Ukrainian Hackers

Cambridge-based WorldPay was hit this week with an online attack involving millions of emails from the Ukraine that resulted in a denial of service for many of its customers. WorldPay has about 27,000 merchant clients in 70 countries. The majority of the clients are in Europe. Major clients include Sony Music UK and Vodafone. The Company says the attack was disruptive in nature and not to commit fraud. WorldPay is a subsidiary of The Royal Bank of Scotland Group.

Bibit Opens Office in Japan and Adds Asia-Pacific Capabilities

Bibit Global Payment Services has expanded its payment platform with Asia-Pacific capabilities. Bibit has established a corporation in Japan, which also serves as regional HQ. The payment screens, where shoppers are invited to submit their payment details, now support Chinese, Japanese and Korean characters. Settlement in all major Asia Pacific currencies is already supported by Bibit. Bibit supports more than 70 payment methods worldwide, including all European and Asian currencies required by merchants. Bibit’s client list includes Dell, Expedia, TUI / Hapag Lloyd, Transavia, The Financial Times, Vodafone, and NEC Computers International.

Tesco Launches Euronet’s Electronic Top-Up Service

Tesco Ireland has launched Euronet’s “e-pay” electronic top-up services at its 79 branches. The rollout provides e-top-up services at all Tesco Ireland outlets for the mobile operator customers of Vodafone Ireland, O2 Ireland and Meteor. Ireland has 3.1 million mobile phones, 70% of which are prepaid. Most prepaid accountholders are using electronic top-up to add minutes to their mobile phones. Ireland’s mobile operators report subscriber counts, including Vodafone with more than 1.7 million customers, O2 with more than 1.27 million and Meteor with more than 130,000 customers. Tesco Ireland is the largest food retailer in Ireland.

E-PAY SERVICE

Euronet Worldwide’s e-pay subsidiary has entered the Polish market launching e-top-up with agreements with all three of Poland’s mobile operators. PTK Centertel and Polkomtel S.A. have already launched the e-top-up service, and Polska Telefonia Cyfrowa, the Era network operator, is expected to launch in fourth quarter. e-pay Poland has installed over 200 POS terminals to support e-top-up in a mobile operator’s stores, and plans to continue increasing the e-top-up distribution through small- and large-scale merchants. Euronet already has signed a distribution agreement with Geant Polska, one of the country’s largest retailers, with 15 hypermarkets throughout Poland.

GEMPLUS 2Q/03

Smart card specialist Gemplus reported that its second quarter revenues increased nearly 12%, and that gross profit jumped 27% over the first quarter. However, second quarter revenues of $197.2 million, are about 18% lower, and gross profits of $54.7 million are slightly lower than one year ago. Also, Gemplus posted a $94.3 million net loss for 2Q/03 compared to $43.4 million in the prior quarter, and $140.8 million one year ago. The company reported that smart cards for banking and retail applications rose 54% quarter-on-quarter. EMV shipments nearly doubled compared with the first quarter and more than tripled compared with the same quarter a year ago. Sales were mainly driven by the UK market, but also supported by South America and Asia. During the second quarter, the EMV migration in the UK accelerated with the delivery of 15 million EMV smart cards. Gemplus also became a major player in the EMV migration in Malaysia during 2Q/03.

Gemplus Revenues Up 12% Since 1Q/03, But Losses Widen

Smart card specialist Gemplus reported this morning that its second quarter revenues increased nearly 12%, and that gross profit jumped 27% over the first quarter. However, second quarter revenues of $197.2 million, are about 18% lower, and gross profits of $54.7 million are slightly lower than one year ago. Gemplus also posted a $94.3 million net loss for 2Q/03 compared to $43.4 million in the prior quarter, and $140.8 million one year ago. The company reported that smart cards for banking and retail applications rose 54% quarter-on-quarter. EMV shipments nearly doubled compared with the first quarter and more than tripled compared with the same quarter a year ago. Sales were mainly driven by the UK market, but also supported by South America and Asia. During the second quarter, the EMV migration in the UK accelerated with the delivery of 15 million EMV smart cards. Gemplus also became a major player in the EMV migration in Malaysia during 2Q/03. For complete details on Gemplus’ second quarter results visit CardData (www.carddata.com).

Verizon Wireless Launches Phone Top-Off Service

Verizon Wireless has launched its “[FREEUP] Prepay” service enabling customers to replenish their prepaid wireless service in any amount using rechargeable and re-usable “PreCash” cards. A leading provider of electronic replenishment solutions for prepaid and postpaid products, PreCash lets customers add any amount between $15-$600 to their account. Customers simply stop in at any participating location displaying the PreCash logo, add the desired amount, and the free PreCash card will be active in less than 15 minutes. PreCash cards do not have a currency value, which make it a secure service should the card be lost or stolen.

PPPAY.COM

Harlow-based PPPay Ltd has launched a payment service for online auctions and has landed a contract with the UK’s 2nd most active online auction site, eBid.co.uk. PPPay.com offers both an instant payment service as well as an escrow payments service. The company does not charge a fee for sending or receiving payments but does charge 49p or 1% above £49.00 to upload or download funds from a bank account. Escrow payments cost £1.49 up to £50.00 or, 3% of money sent above £50.00. PPPay Ltd is only one of ten firms authorized by the Financial Services Authority to handle small e-money transactions in the UK. The others include: Crystal Blue Card; Ixaris Systems; Nochex; PayHound; Port Paye; Sterling Origination; Vodafone; Vodafone Mobile Commerce; and, Ymogen.

E-TOP-UP

Vodafone New Zealand Limited has signed a contract with Euronet Worldwide’s e-pay Australia subsidiary for an electronic top-up service. Vodafone has approximately 1.2 million subscribers, representing 50% of mobile phone users in New Zealand. e-pay Australia has contracted with several major retailers, supporting more than 300 terminals throughout New Zealand to provide the e-top-up services. e-pay is the largest electronic payments processor of prepaid mobile airtime top-up services in the U.K. and Australia. Founded in 1999, e-pay, focuses on cash-based recharge, or the “top-up” market for processing electronic purchases of prepaid mobile airtime and long-distance calling cards. The company currently supports top-up purchases for mobile service providers at more than 50,000 POS terminals in approximately 18,000 retail locations.