Fort Lauderdale-based PHH FirstFleet has expanded its capabilities with a branded fuel card for trucks with an extensive national network that includes over 7,000 truck stops and 50,000 retail sites. In addition to the convenience of the new card-based network, the program features consolidated billing, comprehensive reporting, fraud control, and cost management capabilities. Clients can track any of their fuel and maintenance purchases in near real-time through PHH Interactive online information management system. PHH FirstFleet is a provider of asset management, financial services, and high technology operational support to the trucking and transportation industry.Details
San Francisco-based Wells Fargo reports that its “ExpressSend” customers with qualifying accounts now can have transaction fees discounted or waived in regard to money remittances to Mexico, El Salvador, Guatemala, China, Vietnam, India and the Philippines. All customers using the account-based service can have zero dollar transaction fees as part of the new service introduction through September 30th. Customers will also receive increased information when they complete a transaction in a Wells Fargo’s banking stores, including details about the remitter, the beneficiary, how and where funds are sent, the fee, how much money the beneficiary will receive, foreign exchange rate for the transaction and the estimate of the amount of revenue Wells Fargo earns on the foreign currency conversion.Details
Thirty seven states and the District of Columbia have adopted laws in recent years giving consumers the right to put a security freeze on their credit files so crooks can’t use stolen information to open fraudulent accounts. Consumers Union, the nonprofit publisher of Consumer Reports, has created an online guide for consumers interested in learning how to take advantage of these new security freeze laws. A security freeze gives consumers the choice to “freeze” or lock access to their credit file against anyone trying to open up a new account or to get new credit in their name. When a security freeze is in place, an identity thief cannot open a new account in your name because the potential creditor or seller of services will not be able to check your credit. Most state security freeze laws allow each of the three major credit bureaus to charge $5 to $10 to initiate the protection or to lift the freeze. The best state laws keep all fees at $5 or less and allow consumers to temporarily lift or remove the freeze without charge.Details
According to a survey of over 1,000 adults, conducted by
Australian women are 16% more likely to accrue credit card debt by
defaulting on monthly bills than men. Among the female population, both
older and younger than the age of 25, 54% pay their credit card bill on
The survey also found that many women are unaware of the interest rate
their credit card charges, citing that women tend to find this subject
uninteresting and therefore are ignorant of the information.
Click4credit.com.au is an Australian credit card comparison website
that allows consumers to apply for and compare credit card features.
Hypercom’s new “Optimum T4200” family of electronic payment terminals has received “EMV Level 1 and 2” certifications. The new certifications add to the “T4200’s” other security features, including “PCI PED” approval for secure PIN entry, and enhance the platform’s built-in global capabilities such as integrated smart card readers and compliance with the European Union’s “RoHS” requirements for hazardous substances. The interoperability specifications and test requirements were established by EMVCo. The “Optimum T4200” family consists of six 32-bit multi-application terminals including three EMV and three non-EMV models; with dial only, Ethernet/SSL/dial backup, and wireless GSM/GPRS/dial backup connectivity available in each category.Details
Alaska Airlines has introduced point-of-sale credit/debit card devices on 22 daily transcontinental flights. A year-long field test of the devices found that customers enjoyed the convenience of credit and debit card purchases and flight attendants more easily tracked onboard payments. Customers on most flights have the option to purchase beer, wine and Red Bull energy drinks. On most flights longer than three hours, customers also can purchase freshly prepared Northern Bites meals and picnic packs, and rent digEplayer personal entertainment systems. The point-of-sale hand-held device and its software application are provided by GuestLogix, Inc., based in Toronto. GuestLogix provides the passenger-travel industry with comprehensive end-to-end solutions for onboard retail. Alaska Airlines and its sister carrier, Horizon Air, serve 92 cities.Details
TX-based StoreNext Retail Technologies and Chase Paymentech Solutions, have signed a referral agreement that enables merchants to access StoreNext’s “Connected Payments” program payment transaction processing services. Connected Payments is designed to help independent grocers slash electronic payments fees by 25 percent or more while eliminating up-front software license costs and maintenance charges. Merchants implementing such key features as credit-to-debit conversion, signature capture and electronic check conversion will potentially generate $10-$20 in savings for every dollar of Connected Payments subscription fees. Connected Payments can be used in conjunction with StoreNext’s Connected Services program, which provides independent grocers access to Internet-based enterprise applications via a low monthly subscription. Chase Paymentech Solutions is a global payments firm and the world’s largest merchant acquirer. StoreNext Retail Technologies is supplier of retail technology to independent grocers and regional chains.Details
Major department store chain David Jones has reportedly named Citigroup and American Express as the finalists in its quest for a co-branded credit card partner. The retailer is planning to ink a deal this fall with either company and have a card in the marketplace by early next year. David Jones considered proposals from 11 card issuers.
David Jones receives about 16% of its EBITA from financial services, which includes a store credit card.
Major Australian department store chain David Jones has reportedly named Citigroup and American Express as the finalists in its quest for a co-branded credit card partner. The retailer is planning to ink a deal this fall with either company and have a card in the marketplace by early next year. David Jones considered proposals from 11 card issuers. David Jones receives about 16% of its EBITA from financial services, which includes a store credit card.Details
Datacap Systems’ AutoLoad versions of “IPTran” and “TwinTran” have been certified and are now available for Chase Paymentech merchants. AutoLoad simplifies the deployment process for ECR/POS resellers by enabling payment services to handle all the merchant set-up at the PSCS. Resellers merely connect the AutoLoad device to the ECR and Internet connection, contact the payment service with a unique identifier number and run a test transaction. The devices contact the PSCS over the IP connection to automatically load the required parameters as set up by the acquirer, and start processing high-speed payment transactions. All of the required parameter information is managed at the PSCS and is the responsibility of the payment service. Dealers that still prefer to manage merchant files on their own can become an authorized user of PSCS. Chase Paymentech is the first AutoLoad version available. Datacap Systems is a developer and marketer of integrated payment verification systems.Details
Dallas-based PAYjr has launched the industry’s first prepaid card for teens, allowing them to upload pictures for the design of their card. The “PAYjr VISA Buxx Card” is issued by SD-based BankFirst. The program is available to parents and teenagers via PAYjr’s website and through PAYjr’s bank and credit union partners. PAYjr leverages technology from Serverside Graphics to enable teens to upload, enlarge, rotate, move and flip their chosen photos inside the new card template. PAYjr has also launched a card design competition, encouraging teenagers to show off their design skills in competition for a chance to win an Apple Macbook and the opportunity to earn royalties from their card designs.Details
SmartPay Jieyin has been granted National Information Security
Certification from China Information Technology Security Certification
Center (CNITSEC) after passing a systematic evaluation, test and
inspection conducted by the authority. The CNITSEC is the government
authority that oversees security management, security engineering, security
technology and IT security certification responsibilities to ensure service
quality and security management throughout China. SmartPay services are
extended to merchants of mobile top-up, e-ticketing, utility bills, mobile
lottery and digital products and has been refining its secure payment