PrepaYd Wireless Launches New Debit Card Payment Plan

PrepaYd Wireless responded to Verizon’s proposed $2 pay by credit card fee is offering no contract wireless service plans with free mobile devices and free debit or credit card payment option. The “Y Pay More” no contract plan includes Unlimited Talk, Text, and 3G Data for exactly $40 a month and includes a free mobile device while supplies last. Having lowered its debit card fees as banks tried raising theirs, the company offers an unlimited plan for non data users at only $35 a month for unlimited talk and text and includes a free mobile device while supplies last.

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Thinx Poland Brand Expands With ATM.com.pl

ATM data center operator introduced the “Thinx Poland” brand for combined services of neutral colocation and access to ATM.com.pl. ATM S.A. (thinx.pl/en) is a Polish public company providing innovative ICT solutions for business since 1991. Under the brands of ATMAN and Thinx Poland the company offers telecommunications services based on its own fiber networks. Key elements of ATM’s offer include: colocation and hosting, broadband data transmission and Internet access. In particular, carriers, Internet portals, traditional media and financial institutions may be found among the receivers of ATM services.

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YourCash launches ATM Services

YourCash announced the launch of its ATM Services for financial institutions. YourCash is a payment technology and cash management solutions business and recently launched a new website for financial institutions. The site offers a range of services including managed services for ATM fleets, outsourcing of remote estates, ATM footprint extension, branding agreements, product promotion via on-screen and on-receipt advertising and partner introducer schemes.

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Citi Appointed Depositary for ISAGEN Level 1 Program

Citi Global Transaction Services business has been appointed by ISAGEN public utility corporation, as depositary for its Level 1 American Depositary Receipt program. ISAGEN’s shares will trade on the OTC market under the symbol ISAGY. Each ISAGEN American depositary share represents 10 ordinary shares. Global Transaction Services offers integrated cash management, trade, and securities and fund services to multinational corporations, financial institutions and public sector organizations around the world.

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NTT DATA Group Acquires Stake in Accellence

NTT DATA acquired 51.4% of shares of Accellence card business processing systems for financial institutions. NTT DATA aims to make the company a subsidiary around the end of January 2012. The move opens NTT DATA a gateway to establishing a firm foothold in the card and payment business, combining with know-how in the card and payment field acquired through service provisions including CAFIS and Accellence’s card business processing systems for financial institutions and their strong customer base.

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eConnect Launches South American Operations

EConnect recently opened operations at a time where the demand for asset security and real-time intelligence is at a very high level in South America. South American business operators have been embracing eConnects technology innovations for some time which prompted the move down south. Econnect is a U.S. based software company which develops tools to protect businesses from retail POS loss, ATM fraud, casino cheating and collusion with outside parties. The eConnect system integrates with most surveillance NVR systems, digital point of sale, casino management systems, banking ATM’s & other transactional systems.

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EBay buys BillSafe Invoice Technology

EBay has acquired BillSafe purchase-on-invoice technology, extending its leadership in payments. That’s because this partnership combines BILLSAFE with eBay’s PayPal online payments and eBay Inc. now owns 100 percent of the outstanding shares of BillSAFE. PayPal believes the addition of BILLSAFE will provide a comprehensive payment service for merchants and consumers. BillSAFE works with merchants of all sizes in Germany, giving them a simple and secure way to let shoppers purchase using an invoice. Customers simply select the item they want to buy, and then they receive an invoice for payment after the item is received.

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Online Shipping Deadlines Drive Late Season Volume

December 12th-18th was the busiest seven day period of the season for 50 of the leading U.S. online merchants that are part of Chase Paymentech’s Cyber Holiday Pulse Index. With high volumes throughout the week, transactions actually exceeded Cyber Week (November 28th-December 4th), with approximately 4.6 million more transactions settling this week than during Cyber Week. Although growth rates are slowing from early season peaks, sales for last week were 20 percent above the same period in 2010. Most online retailers had announced December 19th or 20th as the last day for guaranteed delivery, and last minute shoppers raced to make their purchases. The Pulse Index indicates year over year sales growth of 25 percent and transaction growth of 36 percent. Average tickets remain down 8 percent.

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Visa Sees Shopping Boom Days

Visa predicted December 23rd would be the busiest shopping day in most countries as people purchase last minute gifts for friends and loved ones and a 9% increase in the amount of money spent online on December 23rd this year when compared with the same day last year. Visa also predicted 33 million transactions would be made in total on December 23rd this year which would see a total spend of GBP1.5 billion. Also Visa predicted GBP186.5 million will be spent on Christmas day itself too, but has yet to release any final figures.

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