Hypercom To Supply Artema Hybrid Terminals to Dirk Rossmann

Hypercom Corporation has announced that German drug store retailer Dirk Rossmann GmbH has selected and will deploy 5,000 Artema Hybrid payment terminals in its more than 1,000 retail outlets throughout the country. The rollout began two weeks ago and is expected to be completed in the middle of 2011.
Some 250,000 Artema Hybrid terminals have been deployed in Germany alone. The high security product features a single slot “hybrid” card reader and secure integrated PIN Pad for magnetic stripe and chip card transactions.

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SmartCard Marketing Issues Corporate Update

Loyalty marketer SmartCard
Marketing Systems is issuing a “Quarterly Corporate
Update” press release focusing on Quarterly Revenue and Transaction Results, Company Forecasts, Corporate Share Structure
and Company Employee Status. For the first quarter 2010 the Company had a total of 57,000 transactions generating total fee’s of
$26,000.00 USD. The total remittance and Prepaid debit loads exceeded
$3,200,000.00 for the Quarter and generated and additional
$17,000.00 from the sale of debit cards and software to clients.
The current share structure of SmartCard Marketing Systems includes Authorized Shares of 200 million;
Issued and outstanding at 199 million; Restricted: 68 million (Held by Management and Directors and Free Trading Float of 131 million
The Company currently employs 5 full time
salaried employees and 6 commissioned sales representatives.

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Celent Adds Senior Banking Analyst

Financial consultant Celent has hired Zilvinas Bareisis is a senior analyst within Celent’s banking group.
His research focus is on payments, particularly
cards, processing, and innovative retail and corporate payment propositions.
Bareisis has 14 years of management consulting experience serving
leading international banks, insurance companies, and other financial
services organisations in Europe, US, the Middle East, Russia,
Australia, and Asia . He advised senior client executives across a broad
range of business issues, from strategy development to operational
improvement initiatives. Before joining Celent, he was a
principal at Oliver Wyman Financial Services, and he has also worked at
Diamond Management and Technology Consultants and Cambridge Technology
Partners. Bareisis has an MBA from Carnegie Mellon University and MSc in
Applied Mathematics from Kaunas University of Technology.

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Secure Remote Payment Council Adds New Members

The Secure Remote Payment Council trade council dedicated to the growth, development and market adoption of secure eCommerce and mobile payment methods has added four new members. Walmart has joined as a general member and also as a member of the Board of Directors. eBillme secure online payment solution provider and Net1Virtual Card mobile payments solution company have joined as Associate Members. Blyth a leading retailer recognized around the world as a leader in home expressions products, has joined as a Council Member. Membership in the SRPc is open to merchants, financial institutions, merchant processors, Issuer processors, payment brand companies, payments authentication hardware providers, payments authentication software providers, and payments consultants that do business in the eCommerce and mobile payments areas.

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PAX Technology Adds VP of Sales

E-payment terminal provider PAX Technology has appointed
Chase Oelkers, as Vice President of Regional Sales and Business
Development. He will be responsible for driving sales and
certifications regionally with a strong focus on processors and ISO’s.
Oelkers held a range of key sales appointments within the POS terminal hardware space including; Vice
President, Acquire Business Development, Vice President – Major Accounts
and National ISO Sales Director and has also coordinated CLASS A
certifications with Chase Paymentech, Heartland Payment Systems and
TSYS. Oelkers also spent 5 years with First Data Merchant Services and
served in the following key positions; Client Business Director,
Regional Sales Manager, National Sales Trainer and Account Executive.
He holds a BS in Communications from the University of South Florida.

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Visa Expands Small Business Savings Program

Staples, Orbitz, USA TODAY, La Quinta Inns & Suites and Box.net are the latest companies to have joined the Visa “SavingsEdge” small business savings program. With recent Visa Business research having indicated 52% of small business owners listed cash flow as a primary concern, the Visa “SavingsEdge” helps small businesses save money by providing automatic discounts on qualifying purchases made with an eligible, enrolled Visa Business payment card. Small business cardholders that participate in the program currently have access to savings with merchants at over 14,000 physical retail locations, in addition to discounts at 50,000 hotels through Orbitz. With these agreements, Visa “SavingsEdge” offers users 5% off purchases of $100 or more at Staples and Staples.com; 5% off rooms booked on Orbitz.com; 10% off USA TODAY subscriptions; 5% off completed stays at La Quinta Inns & Suites; and 15% off Box.net Cloud Content Management Solution.

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USAePay Launches PaySaber iPhone App

CA-based merchant account processor USAePay has launched the “PaySaber”
mobile credit card processing app for
iPhone or iPod touch. The unit connects with the iPhone /iPod touch
to accept mobile payments anywhere, anytime. PaySaber’s built-in
encrypted card swiper ensures all transactions are safe and secure. The
device works with the USAePay PCI certified payment gateway, which
stores all of the data securely. The swiper reads level 1 and level 2
card data,
which is then encrypted at the time of swipe and sent over to the
payment gateway for processing. Swiping a card insures better
transaction fees and chargeback protection.
PaySaber POS system for retail environments allows for quick order
fulfillment with barcode scanning. The “PaySaber” software provides the
ability to control a
complete inventory of products and can either email receipts to customers
after capturing an image
of their signature and/or print a receipt on-site for the customer
through its integrated thermal printer.

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Aliaswire DirectBiller Selected By M&T Bank

Platform as a Service payment solution provider
Aliaswire’s DirectBiller has been selected by WI-based M&I bank to offer
electronic bill presentment and payment solution for its business clients.
M&I Bank is using DirectBiller to enable business clients of all sizes to present bills
online and collect electronic payments using a hosted platform that
provides customer flexibility while meeting the highest security
standards. M&I Bank business customers can choose from an array of
configurations, receive comprehensive reports, and take advantage of
rapid time-to-market while offering end-customers multiple options for
accessing and paying bills, including by Web, phone, or agent. M&I Bank holds $57.2 billion in assets.

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Best Western Launches Summer Rewards Program

Now through May 30, Best Western Rewards loyalty program members who stay two times will earn a $50 Best Western Travel Card for use like cash at any of the chain’s 4,000 global hotels. Best Western is also offering a 250-point bonus for those who book their stays on www.bestwestern.com and a 1,000-point bonus for those who pay for each of their qualified stays with the Best Western Rewards MasterCard credit card. Elite members of Best Western Rewards who register and complete two qualified stays during the promotional period also are automatically entered into a sweepstakes to win 100,000 Best Western Rewards bonus points. Members also have the option to complete two stays at any Best Western hotel during the promotional period, and an additional stay over the summer, to earn 1,250 Bonus Aeroplan Miles. On top of the 250 miles they already earn on each stay, this option offers a total of 2,000 Aeroplan Miles after with just three stays.

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Intersections Partners With ITAC for Identity Theft Recovery

Identity theft prevention provider Intersections has teamed with ITAC to enhance the “IDENTITY GUARD” product
suite with a more robust identity theft recovery
service. An exclusive feature of ITAC Victim Assistance that will now be
available to IDENTITY GUARD(R) customers is the electronic notification
to all ITAC Member companies, primarily banks, that alert them of
suspected fraud. ITAC, the Identity Theft Assistance
Center, is the national advocate for identity theft victims and a
leading voice on identity policy. A nonprofit supported by financial
services companies, ITAC is dedicated to protecting all consumers
through education, research and the criminal prosecution of identity
crime. ITAC created the first national identity theft resolution network six
years ago for financial services companies that offer it as a free
service for their customers. Recognized for its innovative
public/private solution to identity theft, ITAC and its dedicated team
of identity theft recovery professionals will add significant value to
the IDENTITY GUARD product suite.

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Veritec Enters Marketing Contract With iNet

Veritec two-dimensional matrix technology and developer of mobile banking debit card solutions and WY-based iNet Team have signed a marketing agreement to market the “blinx ON-OFF Card” to the under-banked. The Veritec “MTC” and “blinx ON-OFF” Card Programs allows card issuers and sponsors to provide private branded debit or gift cards to individuals with or without an acceptable credit history. The “blinx ON-OFF” card features allow card toggling on/off, real time money transfer, and card activities notifications, providing cardholders security and convenience while traveling, managing funds, and transferring money from card to card or account to account in real time. The Veritec Card Programs on the mobile banking platform are connected to Security First Bank of Fresno, California.

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Global Payments Posts 11% Revenue Growth

For the quarter ended February 28, 2010, Global Payments revenues grew 11% to $398.5 million compared to $359.5 million in the prior year. Diluted earnings per share from continuing operations grew 35% to $0.58 compared to $0.43 in the prior year. Solid revenue and diluted earnings per share growth of 6% and 18%, respectively, demonstrates strong financial performance driven by steady growth in our U.S. ISO channel, continued successful execution in our international businesses and a better than expected effective tax rate. GPN offers a comprehensive line of processing solutions for credit and debit cards, business-to-business purchasing cards, gift cards, electronic check conversion and check guarantee, verification and recovery including electronic check services.

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