Merchant Warehouse credit card processing is set to demonstrate its “MerchantWARE” Mobile applications, integrated with MagTekâs encrypted Bluetooth card reader, at the 26th Annual International Pizza Show 2010 at the Las Vegas Convention Center, March 2-4. Designed for the on-the-go workforce, the “MerchantWARE” product suite of PA-DSS compliant solutions includes “MerchantWARE Transport” & “MerchantWARE Secure Encrypted Card Reader” PA-DSS compliance solutions. MagTekâs Bluetooth card reader encrypts all credit card data at the point of swipe before it is accessed by the mobile device and is securely transmitted and stored at the Merchant Warehouse gateway and data vault. The “MerchantWARE” suite of certified payment processing solutions provides end-to-end encryption and tokenization and enables developers to create superior POS systems that deliver a variety of payment processing solutions for their customers.Details
athenahealth internet-based physician services has entered into a
strategic relationship with U.S. Bancorp and its subsidiary, Elavon, to
launch a new Integrated Payment Processing service. Offering a new
Credit Card Plus (CCP) solution for athenahealth physician clients
nationwide, the payment processing service has been designed to
streamline patient paper check and credit card transactions to enable an
improved and secure checkout process for physicians and their patients.
This allows athenahealth clients access to a comprehensive suite of
integrated financial services, including merchant processing through its
“athenaCollector.” This allows secure payment and deposit of patient
transactions by practice staff through the athenahealth web-based
software platform. Elavon provides end-to-end payment processing
services to more than one million merchants in the United States,
Europe, Canada and Puerto Rico.
Hypercom terminal manufacturer has reported net revenue for 4Q/09 up 16.0% to $117.4mm, compared to $101.2mm posted for 3Q/09 thanks to higher product shipments in Northern and Southern European markets. Net revenue was down, however, 2.6% compared to $120.5 mm in 4Q/08 thanks to lower revenue from the Americas. Gross profit for the quarter was $38.1 mm, up from $34.0mm in 3Q/09 and from $33.2mm since the year ago period. Meanwhile, net income for the 3Q/09 was $0.6mm, compared to $1.2mm the previous quarter and a loss of $74.8mm in 4Q/08. Net income before discontinued operations for the three months ended December 31, 2009 was $4.6 million, compared to $4.0 million or $0.07 per fully diluted share in the prior quarter and a loss of $2.5 million the same period in 2008. These results were thanks in part to Hypercom’s commencement of its “medCompact” healthcare terminal as part of the migration to the government’s new “e-Health” card program in Germany; the introduction of the “HyperSafe Secure” cardholder data POS encryption solution; and its contract with Intermarche French retailer for the deployment of the Hypercom “Wymix PIN Pad” at over 1,500 locations. For complete details on Hypercom’s latest performance visit CardData (www.carddata.com).
HYPERCOM REVENUE HISTORICAL
4Q/07: $89.5 million
1Q/08: $71.7 million
2Q/08: $125.4 million
3Q/08: $121.1 million
4Q/08: $120.5 million
1Q/09: $ 83.6 million
2Q/09: $106.8 million
3Q/09: $101.2 million
Source: CardData (www.carddata.com)
TX-based BSG Clearing Solutions has introduced Bill2Phone giving
online shoppers an alternative method of billing via their home phone.
Consumers wanting to buy online subscriptions, digital music,
filmed entertainment, online games, information services, computer tech
support and more can now quickly and securely charge these services to
their home phone bill. To prevent unauthorized charges, every Bill2Phone
merchant can use BSGs state-of-the-art authentication and verification
system. Before Bill2Phone, the payment alternatives have been limited,
still required consumers to link their credit card to an account or
provide direct access to their private banking information. There are
approximately 20 million
American households who choose to not use credit cards while 75%
of internet users don’t like giving out their credit card number,
POS solution provider Retalix and TX-based Love’s Travel Shops have
completed the rollout of the Retalix StorePoint suite.
“Retalix StorePoint” is a POS and back office software system that helps
convenience and travel center retailers improve productivity, control
costs and increase sales. “StorePoint” includes integrated forecourt
automation for both gasoline and commercial fuel, Electronic Payment
Software (EPS), Foodservice, Cash and Inventory Management modules.
Additionally, Retalix StorePoint supports an integrated payments switch
from Postilion to handle all of the various fuel and fleet purchases
inherent in the travel stop industry. “Retalix StorePoint HQC”
complements “Retalix StorePoint POS” and Back
Office by managing sites and providing consolidated business
intelligence. Features include central pricebook management, reporting
and analytics software to effectively manage a chain’s item and price
TxVia payment processing has introduced solutions to allow third parties to become processors for prepaid cards. With this, TxVia eliminates the hurdles associated with entering the prepaid card processing business, including cost, time and risk of creating processing platforms. The prepaid platforms no longer require extensive, time-consuming development to meet even the most basic requirements thanks to TxVia offering processors a secure online environment. This environment for developing prepaid platforms provides application development, data storage and other tools essential for a multi-tenanted, massively scalable end-to-end prepaid card processing system. Subsequently, clients can create multiple customized, interoperable platforms to offer a full range of prepaid card products.Details
A new demographic, The “Potentialist” group, individuals spanning a variety of demographics who embrace the notion of actively living more enriched lives, is on the rise in Canada. First identified in an American Express study conducted in October 2009, the number of Potentialists in Canada has risen from 28% to 31%, a sign that more people are taking the time to identify their passions and realize their potential. Some Research Highlights: Potentialists tend to be more optimistic than other Canadians (56% as compared with 46%), and are more satisfied (92% compared to 78%) with what they currently have; Potentialists are more likely than non-Potentialists to have a
Potential List (46% compared with 38%), and the propensity to have
Potential List is highest among women (44% compared with 33% of men). For the most part, Canadians perceive their lives to be full and are
happy, with 89% agreeing they are generally happy with their lives.
Additionally, 82% want their lives to be full of new experiences.
Topping the items included in Canadians’ Potential Lists are travel (77%), philanthropy (41%), learn a new language (32%) and living in a different country (32%) – all activities that align with priorities previously identified by Potentialists to actively live an enriching life.
Western Union has commenced its exchange offer to refinance some of its outstanding debt securities, to expire at midnight on on March 29. Offering to exchange up to $500 million aggregate principal amount of its 5.400% notes due 2011 for a new series of notes due April 1, 2020, the coupon on the new notes will be calculated by adding the yield of the 10-year Treasury and 1.35% by March 25th. The total exchange price for the old notes is based on a fixed-spread pricing formula and will be calculated on the second business day prior to the expiration of the exchange offer. Old notes tendered before the withdrawal date may be withdrawn at any time prior to the withdrawal date.Details
Ingenico payment solutions has received the Canadian certification for its “Ingenico OrSPT” fuel and unattended hardware device from the Interac Association Device Certification Program. It will be sold and distributed the “i9780UPT” in North America as a safe alternative to existing solutions for fuel stations and harsh outdoor unattended environments. With the certification, the “i9780UPT” meets or exceeds the stringent Interac Association Chip Unattended compliance requirements, PCI PED and EMVCo L1 and L2 security standards. Ingenico will start marketing the “i9780UPT” terminal in Canada on March 1.Details
Acculynk and Ritz Interactive have made “PaySecure” available across 16 of the companyâs E-commerce websites, affording customers the convenience and security of Internet PIN debit, using nothing more than their current debit card and PIN. Using Acculynk’s “PaySecure” for debit card purchases requires users to enter their code on the Company’s graphical PIN-pad, allowing transactions processed as a PIN debit. Consumers can use PaySecure at a variety of online merchants, including AirTran, Jelly Belly, 2Checkout, ShoppersChoice, and Spirit Airlines. Acculynk secures online transactions with a suite of software-only services that are backed by a powerful encryption and authentication framework.Details
Hypercom Corporation have announced that the retailer Monoprix Group is now using Hypercom’s “Wynid” secure payment server to manage and process all card transactions from more than 300 of its retail outlets. The leading retailer has deployed Hypercom contactless-enabled PIN pads and mobile GPRS payment terminals to process IP transactions throughout its network of stores. Under the terms of the multi-year agreement, Hypercom is providing complete hosting and data management services for the Monoprix supermarket chain as part of a fully managed secure payment service.
With the Wynid solution, consumers are ensured a secure and seamless payment process, using magnetic stripe, chip or contactless cards. The Wynid solution provides highly reliable network access and unmatched speed for all transaction types.
Spending by international visitors on Visa cards at the Vancouver 2010 Olympic Winter Games and in British Columbia so far has topped US$100 million during the Games.Total foreign spend since the beginning of the Games on Visa now stands at US$101.7 million. Since the Opening Ceremony on Friday, 12 February 2010, through to Friday 26 February 2010, international Visa cardholder spending in British Columbia was up 93% compared to the same 14 days last year.
The total number of transactions on overseas issued Visa cards in British Columbia surpassed the one million mark.
The total number of transactions during this period is also up 85% compared to the same period the year before.