Apple Mac Users Get Billeo Payment Option

Alternative payment provider Billeo is now available for Apple Mac users.
Billeo is the first product for the Mac that goes beyond one-dimensional
password and filing tools to focus on a way to make
the everyday tasks of filling passwords, paying bills and making
purchases online quicker. The browser plug-in allows users to set up a
“one stop shop” transaction center that includes
bill reminders, password management, form filling, bill pay and shopping
directories, auto-save of receipts, search of receipts saved, and
transaction charts and reports. Billeo for the Mac is Firefox native.

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CounterPASS and WebPASS are Class A Approved

TSYS Acquiring Solutions has received
Class A approval for its “CounterPASS” and “WebPASS” terminals.
CounterPASS and WebPASS are the first in a series of payment
applications planned by TSYS as part of its n>gen initiative and made
possible by leveraging the power of Infonox technologies. As the payment
industry continues to evolve, TSYS is committed to delivering innovative
payment applications to further its mission to move any payment form,
anywhere and through any payment device. The “CounterPASS” web application uses a familiar browser
interface and intuitive icons to deliver more advanced functionality
than traditional POS terminal applications. It is ideal for retailers
and professional services payment environments. “WebPASS” provides virtual
merchants with a robust payment application to process and manage mail
order / telephone order (MOTO) and recurring payments efficiently and
securely using the Internet. New payment types can be quickly and easily
added to both applications, and they are simple to support with
automatic functionality and compliance updates.

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Consumer Confidence Rises But Wallets Stay Closed

The Discover U.S. Spending Monitor jumped nearly four points in March
to 79.5 as the economic outlook is brightening. The rise in economic
confidence among consumers appeared to have little effect on their
spending intentions, however. In March, there were considerably more
consumers who said they expect to spend less, 28%, than there were
expecting to spend more, 17%. This number is the exact opposite from a
year ago when 36% of consumers expected to spend more while only 16%
planned on spending less. While anticipated discretionary spending edged
up slightly in March, a majority of consumers still intend to spend less
on discretionary items, 54%, home improvements, 52%, and major
purchases, 51%. Heading into the spring and summer months, consumers are
considerably more cautious than they were last year when only 49%
reported in March 2008 their intent to spend less on discretionary
items. The Discover U.S. Spending Monitor is a monthly index of consumer
spending intentions and capacity that is based on interviews with a
random sample of 15,000 U.S. adults.

U.S. Spending Monitor
Mar 08: 85.1
Apr 08: 85.4
May 08: 86.8
Jun 08: 85.9
Jul 08: 85.2
Aug 08: 87.8
Sep 08: 86.5
Oct 08: 80.4
Nov 08: 79.7
Dec 08: 76.6
Jan 09: 77.8
Feb 09: 75.7
Mar 09: 79.5
Source: Discover

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PaySecure Hits a Hot Button with Consumers

A new survey has found that a majority of surveyed debit cardholders feel confident about using their PIN to make online purchases with “PaySecure,” a new Internet PIN debit payment method provided by Acculynk. According to the study, 80% of survey participants would use “PaySecure” when it is presented by a trusted merchant, 65% of survey participants would feel safer buying on the Internet with “PaySecure,” and 48% would buy more often on the Internet if they could pay with “PaySecure.” About 78% agreed that entering their PIN on the “PaySecure” PIN-pad was similar to and as simple as entering their PIN at the ATM or grocery store and 79% of participants would feel more secure using their debit card online with a PIN than using their debit card without a PIN. The study was commissioned by Acculynk and PULSE, to evaluate debit cardholder perceptions and attitudes about “PaySecure,” and included 500 U.S. debit card users who purchased online in the last year.

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Agent Bank Selection Criteria is Offered

Card industry analyst/investment banker R.K. Hammer has released a selection criteria that card programs can use to select better agent bank card issuing partners. 1. The RFP process must be all-inclusive, that is only one selection process by an outside third party – no additional process taking place simultaneously whereby one or more potential issuing partners is silently “exempt” from the RFP conditions. 2. Fourteen days is enough for any issuing bank to present their written expression of interest or letter of intent. 3. Present the current penetration level of cardholders compared to the universe of total customers in the Offering Memorandum. 4. Hold the issuing card provider to customer service level standards equal to or higher than presently enjoyed. 5. Any card department that “touches” your customers should have contractual service levels to be met, and reported monthly to you. 6. A form of risk/revenue sharing that was first popularized by affiliate and agent banks over 30 years ago is making a comeback: where the issuing bank and their agent bank programs allow some percentage of risk/reward sharing. 7. The extensiveness of monthly data reporting is another important factor which separates Best-in-Class from weaker performers. 8. Ask for two classifications of references: first, at least three agent banks of similar size to your opportunity; and second, three agent banks who have left their program, and the reasons why. Both types of references are needed to get a more complete picture of what doing business with the issuer will be like for you.

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100,000 G&D Patient Cards to be Distributed

Giesecke & Devrient, EXTENSION and TrustBearer Labs, has developed “EXTENSION Health Connect”
a secure smart card-based solution for health care providers. “EXTENSION® Health Connect” provides highly secure, fast and accurate
patient identification and information exchange. It securely links data,
patients, and healthcare providers together in order to reduce
administrative costs and improve the patient experience. EXTENSION®
Health Connect uses G&D patient health cards to securely identify
patients to hospital information systems. The card also holds a personal
health record for each patient that can be securely accessed.

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First Data and INSIDE to Offer GO-Tag Stickers

INSIDE Contactless and First Data have signed a three-year agreement to develop contactless payment stickers. The product will be marketed by First Data as “GO-Tag.” With this agreement, INSIDE will supply “MicroPass” payment sticker prelams exclusively to First Data-qualified card manufacturers for production. The agreement leverages the core technology from INSIDE Contactless and the issuing and transaction processing power of First Data. First Data will be marketing and distributing “GO-Tag” products to financial institutions, major U.S. merchants, and other distribution channels in a variety of form factors. INSIDE has delivered more than 300 million contactless platforms worldwide.

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Elavon Certifies the Hypercom Optimum T4205

U.S. Bancorp’s payment processor Elavon has “Class A” certified Hypercom’s PCI PED-approved 32-bit
“Optimum T4205” card payment terminal. The “Optimum T4205” features a compact form factor, clear and intuitive
keypad, large 24MB memory and high speed processor for fast transactions
and multi-application support, all secured by HyperSafe®32, Hypercom’s
exclusive RSA-based security infrastructure. The terminal is ideal for
smaller retailers and restaurants, supports three languages (English,
Spanish and French) and can quickly and efficiently process magnetic
stripe and contactless debit and credit payments as well as Electronic
Benefit Transfer (EBT) and value-added transactions such as gift and
loyalty.

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Business Cash Advance Lands a Partnership

FL-based Business Cash Advance.com has partnered with Allied Business
Network (ABN), to offer members discounts on business
services and office supplies. Allied Business Network negotiates prices
with national suppliers on
behalf of its members to secure the best discounts available. ABN
Members are able to save between 5% and 85% on a variety
of products and services. Free membership is available to small
businesses, entrepreneurs and individuals. More information is available
at www.abnsave.com. Merchant cash advances enable small businesses to
secure capital in
exchange for a small percentage of their future credit card receivables.
As major banks refuse to finance creditworthy businesses in today’s
lending environment, merchant cash advances are becoming an important
financial option.

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CipherLab Hardware Certified by BizTracker

AIDC provider CipherLab has been certified as a preferred vendor by POS
software supplier BizTracker. The CipherLab’s “1266”, “1500”, “1660”,
“8001” and “9471” handheld scanners and mobile
computers is preloaded with BizTracker “Infinity Point of Sale” software
and available to retailers through BlueStar, a leader in
solutions-based distribution for Auto ID, Point-of-Sale, Mobility and
RFID products. This bundled solution eases point of sale, logistics and
ordering for retailers by conducting critical operations such as
scanning data, inventory cycle counts, re-ordering, receiving goods,
price checking and bar code printing. CipherLab is a global leader in
the design, manufacture and marketing of
Automatic Identification and Data Capture/Collection (AIDC) products and
systems.

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Solidcore Offers PCI for Windows CE

IT security provider Solidcore Systems has rolled out its security
solution for Windows CE embedded devices. Solidcore’s patented runtime
control solution enhances the protection of Windows CE devices from
targeted malware, tampering and unauthorized changes. For devices in
retail environments, Solidcore provides an antivirus solution that meets
the requirements of the Payment Card Industry Data Security Standard
(PCI DSS) with zero performance overhead. Solidcore is the leader in protecting critical IT infrastructure from
devices to the data center. Organizations worldwide trust Solidcore to
detect and prevent unwanted change for improving IT compliance, security
and availability. Solidcore easily automates PCI controls and is a
pioneer in runtime control and dynamic whitelisting technology for
locking down critical systems and preventing unauthorized change events.

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