Optimal Payments Plc announced that it has successfully reached a five-year agreement to provide its NETBANX® payment service to Ontario Lottery and Gaming (OLG) for its online gaming service PlayOLG.ca. NETBANX was selected as the winning solution after a comprehensive and competitive procurement process. PlayOLG will offer regulated online interactive lottery, casino and video poker games to residents of Ontario. Through the five-year agreement, the NETBANX service will be embedded in the PlayOLG website to provide payment options, as well as delivering real-time fraud and risk prevention and mitigation services.Details
Singular Payments announced today that industry expert Marty Hilber has joined the company as its General Manager, overseeing day-to-day business operations. Charles Yancey, Founder & President of Singular Payments, and Vaden Landers, Chairman & Managing Partner, noted that Hilber’s appointment was necessitated by the significant growth and expansion the business has experienced resulting from the signing of numerous strategic partnerships, as well as the launch of various new product development initiatives.Details
Springboard Retail announced The Pink Stores Lilly Pulitzer Signature Stores has launched mPOS as part of a major store transformation project. In The Pink’s eight stores are located in Massachusetts with flagship stores on Newbury Street in Boston and on Nantucket Island. They piloted the project in their Boston store where they removed the cash wrap and stationary POS terminals went 100% mobile. They are using Apple’s iPads and iPad minis powered by Springboard Retail. The results from the first 11 days of In The Pink’s rollout of mPOS reveal a 24.5% increase in sales over the same period in this store a year ago. Transaction count was up 6.5%, transaction value was up 17%, units per transaction was up 12% and total units sold was up 19%. In The Pink repurposed 48 square feet of floor space and reclaimed full floor to ceiling use of 6.5 feet of prime wall space. The Nantucket store is next to undergo the transformation.Details
Quick Fuel has partnered with Comdata to provide its fleet customers with one of the fastest and most secure means of fueling available. Quick Fuel recently purchased Comdata’s fuel site controller, known as SmartSight, for all of its retail locations and added Comdata’s SmartQ™ radio frequency identification (RFID)-based technology to offer an extra level of speed and security to the fuel transaction process. In addition to processing transactions quickly, SmartSight processes fueling transactions securely as well. The card reader equipment meets industry security standards, while an integrated camera function allows site owners to view customer images as the card is swiped to identify potentially fraudulent users when necessary.Details
Digital River Commerce-as-a-Service solutions expanded Digital River SMB Payments solution into the United Kingdom (U.K.). The solution offers small and medium enterprises, commerce providers, systems integrators and developers turn-key access to credit card processing capabilities for Visa, MasterCard and Maestro cards in Euros and Pound Sterling. The SMB solution already supports more than 17,000 merchants and partners in Canada. Platform-agnostic and built on an open architecture for easy integration, the Digital River SMB Payments solution offers several benefits for companies conducting business in the U.K.Details
The average purchase transaction for a MasterCard-branded card in the APMEA (Asia Pacific Middle East Africa) region hit $94.14 in 2013, nearly double the average purchase transaction of $55.72 for U.S. MasterCard credit and debit cards. Meanwhile, the average purchase tickets on U.S. MasterCard debit cards has been relatively consistent since 2009, but MasterCard’s average purchase ticket for U.S. credit cards has grown significantly from $80.68 in 2010 to $88.09 last year.Details
Payment technologies innovator Merchant Warehouse® today announced its partnership with hospitality mobile payments leader TabbedOut. The partnership will serve to co-market each company’s payment solutions, making mobile payments and digital marketing and loyalty programs a reality for thousands of businesses nationwide.Details
INSIDE Secure today announced that it has started delivering its latest generation secure microcontroller for the Carte SESAM-Vitale 2 program, the French national health care insurance card.
INSIDE’s secure microcontroller has achieved Common Criteria EAL 5+ certification. This low-power high-performance 8/16-bit microcontroller is based on Harvard RISC architecture. It provides a highly flexible and cost-effective solution for many applications requiring a high level of security.
U.S. Bank has fully converted its fleet of nearly 5,000 U.S. Bank ATMs to the Windows 7 operating system. U.S. Bank is one of the first major banks to complete the conversion of its entire ATM fleet. Other ATM owners in the industry have announced that they plan to purchase extended support from Microsoft while they complete their conversion. U.S. Bank chose to upgrade the operating systems on its entire fleet by the April 2014 deadline as part of an overall strategy that included updates to meet new technology enhancements such as ATM deposit automation, compliance with enhanced accessibility rules from the Americans with Disabilities Act (ADA) and replacement of older ATMs in the fleet. Today, the average age of a U.S. Bank ATM is five years.Details
Discover partnered with the National Hockey League (NHL®) today to surprise members of the Midshipmen with the Stanley Cup®, the most revered trophy in professional sports. The Midshipmen, who finished this season at 29-7-2 and ranked eighth nationally, were treated to a celebratory reception this afternoon at McMullen Arena in the Brigade Sports Complex. Navy hockey team members, who were holding an informal scrimmage at the arena, were treated to a surprise visit from the Stanley Cup. The surprise did not end there, as players from the Navy Youth Hockey league, along with their families, were invited to the arena to join the celebration where pizza and beverages were served and the Navy youth hockey players had the chance to skate with some of the Midshipmen players. Unbeknownst to them, they too would be getting a visit with the Stanley Cup.Details
RewardsNOW loyalty programs launched loyalty programs for three new clients during the first quarter of this year, a variety of new loyalty programs now being implemented, whether it is a brand new program for a financial institution, an upgrade and conversion of an existing program, or a tailored retailer and wholesaler program. In partnership with CO-OP Financial Services, RewardsNOW worked with Michigan Community Credit Union. Additional partnerships were made with Sterling United Federal Credit Union and Tri-State Dental Supply.Details
As the United States credit card industry is turning towards EMV enabled cards, merchants will have to upgrade their terminals in order to be able to process retail payments. While most merchants currently still use MSR credit card processing equipment, MagicPay Merchant Services, a South Florida-based company, is now offering EMV equipment for free to its merchants. The offer will make it convenient and priceless for current and new merchants to upgrade to the new EMV chip technology. The merchant services industry is being evolved every day with new technology, regulations, and security measures in order to protect card holders and decrease fraud. While countries like Canada has adopted EMV technology long ago, the United States is still behind and plans officially to launch EMV as a requirement for all merchants (except fuel dispensers) by October, 2015.Details