USA Technologies Sees Record August Transactions & Volume

USA Technologies wireless, cashless payment and M2M telemetry solutions for self-serve retail industries, announced its “ePort Connect” Service in August processed a new high of 8.4 million transactions representing $14.1 million in small-ticket transactions, increases of 81% and 71%, respectively, from August 2010. The Company also reported that on September 6, 2011, it set a single day record by processing 375,000 transactions. These latest milestones put the Company on an annualized run rate of approximately $170 million in processing volume. The “ePort Connect” enables self-service terminals, such as vending machines and kiosks, to accept credit, debit, new contactless cards and other cashless forms of payment, handles all elements of transaction processing, and allows customers to monitor and manage their terminals online – all with the highest level of data security.

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Visa to Present at Electronic Payments Summit

Visa announced its Group President – Americas, is set to participate in a panel discussion titled “The Future of U.S. Debit” at the Jefferies 2011 Electronic Payments Summit in New York on September 20. The discussion is scheduled to begin at 12:45 p.m. Eastern Time and last for approximately 40 minutes, for which a listen-only audio webcast and replay will be accessible for 30 days on the Investor Relations web site at http://investor.visa.com.

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MoneyGram to Present at the Goldman Sachs Conference

MoneyGram International is set to present at the Goldman Sachs Financial Technology Conference on September 13 in New York. The conference will bring together financial technology companies to communicate goals and strategies to equity and debt investors focused on the financial technology space. Presentations will be given by each financial technology company and offer direct access to key investors through one-on-one discussions scheduled throughout the day.

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A1 Charge and B2B Soft Providing Launching Business Solutions

A1 Charge credit card processing is set to attend the Value Merchandise Expo in New York at the Javits Center until the 13th. With B2B Soft, A1 Charge will be exhibiting a host of retail business solutions. A1 Charge’s merchant services offer retailers and other businesses multiple processing options and support a wide variety of terminal and software solutions. Merchant setup with A1 Charge is stress and hassle free: superior service, great low rates, free machines, and high approval ratings. A1 Charge easily integrates with and can accommodate any point-of-sale system used, and is pleased to offer full integration with the new Retail Management Platform, Retail Time, created by B2B Soft.

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Merchant Warehouse Hosts Agent Conference

Merchant Warehouse secure payment processing solutions and merchant account services is set to host its second annual agent conference to provide its independent sales agents with the knowledge and practical skills to become more successful in the field. The conference will be held at the Lenox Hotel in Boston on Sept. 12-13, 2011, and will feature panels, motivational speakers, updates on regulations and security standards from the perspective of industry professionals. Additionally, Merchant Warehouse co-CEOs Henry Helgeson and Scott Zdanis will address the conference prior to the start of each day’s session.

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Café Deploys Yespay Managed Cards Payment Service

Café TwoCann implemented YESpay “EMBOSS” cards payment solution, to help it achieve operational efficiency and savings in time and money by using a fast and reliable payment processing service. The owners chose to switch to YESpay’s EMBOSS managed payment service thanks to the integral aspect of the payment solution to their POS. Namely, the Cafe installed the “EasyV-Hospitality,” providing more accurate card sales, speedier authorisation, user-friendliness, less errors in taking card payments. Debit or credit card payment checkout is no longer an issue as YESpay’s payment service fulfills end-to-end authorisation requests in less than 5 seconds.

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HSBC Merchant Services Launches Merchant Compliance

HSBC Merchant Services launched a new service to help businesses ensure that their customers’ transactions are secure against fraud. The new service has been developed to help merchants comply with a set of minimum security requirements mandated by Card Schemes such as Visa and MasterCard. The new security requirements have been put in place to ensure that all the Card Schemes customers’ card transactions are adequately protected against fraudsters, who are increasingly focusing on small businesses. These requirements, the Payment Card Industry Data Security Standard (PCI DSS), are mandatory and non-compliance can result in large fines from the Card Schemes and merchants’ payment providers.

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CreditCall and WPS Partner, Offer Parking Payment Solution

WPS has now become a direct distributor of the CreditCall “CardEase” payment gateway, simplifying and accelerating the installation process for them and their customers. WPS provides parking solutions for parking operators, airports, hotels, hospitals, local governments, shopping centres and supermarkets – issuing over 7.5 million parking tickets daily worldwide. CreditCall is a specialist payment services provider and transaction gateway with global recognition for innovation in credit card acceptance. The “CardEaseXML” payment protocol allows developers unprecedented ease in providing card payment on new and existing systems.

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Payment Services Secures 3 Year CauseForce Services Contract

Payment Services Corporation Canadian Professional Employment Organization and provider of independent contractor payment solutions announced the signing of a three year contract with CauseForce, a leading event production and cause marketing firm, to provide professional employment payroll services for their Canadian operations through 2014. Payment Services Corporation (PSC) is headquartered in Ottawa, ON and is one of the fastest growing Professional Employment and Payment Processing Organizations in Canada, in addition servicing U.S. markets. With unparalleled experience and service, PSC continues to lead the market in best practices for the better management of independent contractor workforces.

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3i Infotech & CN Railways to Present at Symposium

3i Infotech Billing & Payments software and solutions partnered with CN Railways to jointly discuss the elimination of paper from cash applications at the 2011 Canadian Financial Operations Symposium. The symposium focuses on concepts and proven best practices in critical financial operations such as accounts payable, accounts receivable, payments and P2P. The presentation, “Eliminating Paper from Cash Applications: A CN Case Study,” will address how 3i Infotech Billing & Payments partnered with CN to implement a highly sophisticated automated cash application system tailored to CN’s business needs.

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