Paybyweb to Distribute for WAY Systems

Paybyweb Merchant Accounts, credit card terminals, and payment processing has been selected by WAY Systems mobile POS solutions to distribute the “MTT-1510” mobile/wireless credit card terminal. Paybyweb has taken 100% of the MTT-1510 inventory for resale, which represents the highest number of terminals WAY Systems has ever sold. WAY Systems has designed, developed, tested and delivered end to end payment solutions for mobile merchants all over the world, allowing merchants to conduct business any time anywhere and increase their revenue by accepting credit and pin based debit cards.

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BOKU & AT&T Offer Direct Billing mPayment

BOKU mpayments has partnerd with AT&T to launch a direct mobile payment connection trial. Offering customers a direct carrier-billing solution for online goods and services using their existing wireless service account, the trial allows AT&T’s wireless customers to pay for virtual goods and online content from participating merchants using the BOKU mobile payments service from their wireless handset. Customers can make online purchases by entering their mobile number and charging directly to their existing AT&T wireless service account. The connection also enables two-step authorization and capture, transaction processing and the ability to pass refunds back to the customer’s account. BOKU markets their mpayment service to online merchants and publishers on a global scale.

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PAYMENT GATEWAY

Datafast CIA payment processor has switched to Hypercom for its card payment terminals and begun deploying a planned 4,500 “Optimum T4200” countertop and “M4200” mobile payment terminals to its merchant customers. Expected for completion by December, the deployment of the card payment terminals and merchant field services are being provided by MST, one of the authorized distributors of Hypercom products in the Country. Datafast is a significant win for Hypercom demonstrates its competitive advantages and strengthens its footprint in the market.

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Fiserv 3Q/10 Revenue up $10mm Y/Y

Fiserv financial services technology posted its 3Q/10 GAAP revenue of $1.03 billion, compared with $992 million in 3Q/09 and adjusted revenue was up 3% to $978 million, compared with $945 million in 3Q/09. Adjusted internal revenue growth was 3% thanks to 5% growth in the Payments segment while the adjusted operating margin increased 50 basis points to 29.4% over last year, which was 29.3% for the first 3 quarters of 2010 for a 40-basis-point increase over the first nine months of 2009. This performance is thanks in part to Fiserv’s introduction of the “Mobile Source Capture” remote deposit capture solution for camera-equipped smartphones; having expanded its consumer payments footprint in the quarter by signing 124 electronic bill payment clients and 59 debit clients; and having won over 270 clients commitments to its “ZashPay” person-to-person payments service. Additionally, the Company won service contracts with the Center Bank of Los Angeles; Eagle Savings Bank of Cincinnati; the Granite State Credit Union of Manchester; Kern Schools Federal Credit Union; Liberty Bank; Navy Federal Credit Union; and Patelco Credit Union of San Francisco.

FISERV REVENUE
4Q/08: $984 million
1Q/09: $968 million
2Q/09: $951 million
3Q/09: $992 million
4Q/09: $1.01 billion
1Q/10: $954 million
2Q/10: $970 million
3Q/10: $1.03 billion
Source: CardData (www.carddata.com)

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VISA CANADA

Following the success of its 2010 FIFA World Cup broadcast sponsorship, CIBC has entered into a sponsorship agreement with Visa in the retail banking category for the 2014 FIFA World Cup Brazil. CIBC is a leading North American financial institution with nearly 11 million personal banking and business clients. CIBC offers a full range of products and services through its comprehensive electronic banking network, branches and offices across Canada, and has offices in the United States and around the world. You can find other news releases and information about CIBC in our Press Centre on our corporate website at www.cibc.com.

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Ixaris & Apigee Unveil Payment App Platform

Ixaris global electronic payments and Apigee have partnered to make available an industrial-grade API platform for enterprises and developers creating payment applications on Ixaris “Opn.” Apigee will allow Ixaris to secure, control and manage its development platform for the rapid creation of payment applications. With “Ixaris Opn, developers are protected from the complexities of global financial services, providing Application Programming Interfaces (APIs) with re-usable software components that have been pre-configured to achieve different payment scenarios; this allows developers to cut development time and set up payment applications more quickly.

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Euronet Posts 3Q/10 Revenue Down $4mm Y/Y

Euronet Worldwide posted 3Q/10 revenues of $260.2 million, compared to $264.8 million for the year ago period; 3Q/10 adjusted EBITDA of $36.9 million, compared to $38.6 million for the year ago period; net income of $21.0 million, compared to net income of $18.9 million for the year ago period; and total transactions of 430.8 million, compared to 387.3 million for the year ago period. Meanwhile, the EFT Processing Segment posted revenues of $49.1 million, compared to $50.9 million in 3Q/09; adjusted EBITDA of $15.4 million, compared to $17.0 million for the year ago period; and transactions totaled 199.4 million, compared to 188.4 million for the year ago period. The EFT Processing Segment operated 10,519 ATMs as of September 30 for an increase of 1,046 over 9,473 ATMs in the corresponding period of last year. Meanwhile, the epay Segment posted revenues of $148.0 million, compared to $153.6 million last year, and transactions of 226.6 million, compared to 194.4 million last year, while the Money Transfer Segment reported revenues of $63.1 million, compared to $60.3 million for the year ago period, and total transfer transactions of 4.8 million, compared to 4.5 million last year.

EURONET REVENUE HISTORICAL
1Q/09: $233.7 million
2Q/09: $248.6 million
3Q/09: $264.8 million
4Q/09: $285.6 million
1Q/10: $250.0 million
2Q/10: $244.2 million
3Q/10: $260.2 million
SOURCE: Cardata.com

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Appcelerator & PayPal Enhance mCommerce

Appcelerator has entered into an agreement with PayPal to offer an integrated m-commerce through the PayPal merchant channel. Making it easy for the millions of PayPal merchants, along with Appcelerator’s 77,000+ Web developers to rapidly build native iOS, Android, and BlackBerry commerce applications across handsets, tablets, connected TVs, and other devices, the “Titanium+Commerce” m-commerce partnership will be available to over 8 million PayPal merchants in the first half of 2011. Now available in beta, “Titanium+Commerce” makes it easy for any merchant to rapidly build cross-platform mobile applications that harness a full set of commerce capabilities using existing Web skills and technologies.

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MASTERCARD POS

GuestLogix onboard store technology to airlines has developed an additional battery offering for use in its widely-used handheld POS devices for onboard retailing. This new offering comes as a response to the rules and concerns put forward by the U.S. Federal Aviation Administration (FAA) regarding Lithium batteries, and may assist airlines in avoiding further regulatory review that could potentially impact the use of existing battery solutions. Lithium batteries are classified as hazardous material but the FAA historically had accepted their use on planes, a position that appears to be changing. The FAA has already banned passengers and airlines from carrying spare, unattached Lithium batteries and mandated that airlines remove Lithium-powered devices from the aircraft for charging – restrictions which have created logistical challenges for both technology providers and their airline customers.

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Wincor Nixdorf Powers BottleDrop Redemption

OBRC has partnered with Wincor Nixdorf to offer the Wincor “iCASH 50” to streamline the former’s bottle drop operations. Allowing customers to receive cash immediately for their bottle and can recyclables, Wincor Nixdorf’s “iCASH 50” is a freestanding banknote-distributing terminal that manages all cash handling and reduces costs by completely automating cash processes. The closed cash cycle eliminates the possibility of errors or manipulation when handling cash, saving time, lowering costs, maximizing resources and provides a safe and secure work environment for employees as there is no requirement for them to handle cash.

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