2Checkout announced Inline Checkout, a hosted payments processing platform that empowers online merchants with a seamless, streamlined checkout experience. This sleek addition integrates directly with any e-commerce website, creating an uninterrupted checkout that maintains the look and feel of the host’s design. The solution offers complete control to the seller while offering PCI compliance and state-of-the-art fraud protection. Adaptable and secure, Inline Checkout is the hosted platform that provides online sellers with the most flexibility and support in one package.Details
Green Dot Corporation today announced a new reload technology and consumer process designed to improve the retail cash reloading experience for its millions of Green Dot Reload Network users. Reload @ the Register™ is powered by Green Dot’s highly scalable and market-proven “SwIT” (Swipe Interface Technology) functionality. This real-time technology is designed to make reloading cash onto a prepaid card faster, more convenient, more efficient and more intuitive for the customer than using a paper reload “chit,” which is a method commonly used today by Green Dot and other competing reload network providers. Green Dot’s SwIT technology hit a major milestone in 2012 when it joined Walmart Rapid Reload™ and will now roll out to most of Green Dot’s other retail partners by the end of 2014.Details
Companies, utilities, government entities and nonprofits that accept electronic payments from their customers can now collect those funds on-site with new E-Payment Service Kiosks from U.S. Bank Global Treasury Management. Similar to an ATM, U.S. Bank’s E-Payment Service Kiosks are customizable, free-standing units available to businesses, nonprofits, utilities and other billers that want to give their own customers the option to conveniently and securely pay bills on the spot.Details
Square launched its software partner platform, collaborating with third parties to build new applications that complement Square’s suite of business services. The launch extends Works with Square, a program launched earlier this year to connect customers with more tools for their businesses. The new Xero integration is Square’s second available in the U.S. Since November, thousands of sellers have been saving time and improving accuracy with Square’s integration with QuickBooks, seamlessly importing their Square sales data into QuickBooks each day. “The Square/QuickBooks integration couldn’t have come at a better time for our growing business. It has been nothing short of a miracle and has given us so much time back.” says Jess Hughes of Tad Hughes Custom Fit Studio in Houston.Details
Virtual Piggy, Inc., provider of innovative safe youth payments technology, Oink, today announced that it has partnered with Visualsoft. Visualsoft is one of the UK’s leading eCommerce agencies, providing web and e-commerce services to over 1,000 UK businesses and have today announced a partnership Oink to deliver a safe and secure payment solution for youth-market focused eCommerce sites.Details
Xoom Corporation today announced a partnership with HDFC Bank Limited (HDB), by offering instant deposits to INR denominated HDFC Bank accounts in India. This breakthrough service allows Xoom customers to instantly deposit money directly into their recipients’ HDFC Bank accounts in India. The instant service is available 24 hours a day, seven days a week, 365 days a year–even on banking holidays.Details
Green Dot Corporation announced a new reload technology and consumer process designed to improve the retail cash reloading experience for its millions of Green Dot Reload Network users. Reload @ the Register is powered by Green Dot’s highly scalable and market-proven “SwIT” (Swipe Interface Technology) functionality. This real-time technology is designed to make reloading cash onto a prepaid card faster, more convenient, more efficient and more intuitive for the customer than using a paper reload “chit,” which is a method commonly used today by Green Dot and other competing reload network providers. The Green Dot Reload Network was invented in 2002 as the prepaid industry’s first cash reload service. Today, The Green Dot Network is America’s leading reload network used by all Green Dot Bank programs and also by more than 150 other banks and prepaid program managers in order to facilitate cash reloads to their respective program’s cards.Details
Vodafone and Visa launched the Vodafone Wallet and Visa SmartPass service. The agreements increase the reach of V.me by Visa and as a result, Visa expects many more retailers to have access to V.me and be capable of processing transactions by the end of 2014. SmartPass is the first service to offer consumers in the Netherlands the chance to make secure, easy contactless payments using their mobile phone. The service will work on any contactless payment terminal in Europe that displays the V PAY logo. Users will also be able to transfer money to each other’s SmartPass accounts using the service. The Vodafone SmartPass payment service has been developed with Visa and is based on a prepaid Visa solution. For transactions under €25, customers can pay easily and conveniently by simply touching their mobile phone to a contactless terminal showing the V PAY logo. For transactions over €25 the customer will be invited to enter a passcode to verify their purchase.Details
Spire Payments announced the acquisition of Altius Plus, recognised experts in the development of payment applications, terminal management systems, loyalty schemes, ticketing solutions and client server-based architectures within the payments industry. Altius Plus will become Spire Payments Eastern Europe LCC, a wholly-owned subsidiary of Spire Payments and will play a pivotal role within the business to cement its position as the third largest PoS vendor in Europe. Altius Plus was founded in 2006 by payment industry experts who had accumulated over a decade’s worth of experience working as part of the Hypercom Corporation team in CEE.Details
Sopra Banking Software implemented an electronic money platform at Transactis French electronic transaction hub – for Société Générale, La Banque Postale and Crédit du Nord.
This fully operational platform uses Sopra Banking Cards-Issuer for contract and support management, as well as associated payment and withdrawal activities. A common electronic money platform for Société Général and La Banque Postale, allowed a common transaction system. At the end of 2012, Transactis was already managing two billion transactions per year for both banks. Sopra Banking Cards-Issuer offers an open, flexible architecture and comprises a number of pooled services that benefit all of its customers. These services include a multitude of visuals, a reduction on card production delays, mobile payments, payments without contract and post-personalization.
iPayment announced their financial results for the three months and twelve months ended December 31, 2013. For 4Q/13, the Company processed $5.3 billion of total transaction volume, an increase of 1.0% from the same period of 2012. In the fourth quarter, the Company processed 82.9 million transactions, an increase of 2.0% from the fourth quarter 2012. Total revenues increased by 0.2% to $169.2 million for the fourth quarter of 2013 from $168.9 million for the fourth quarter of 2012.Details
Digital Insight, announced it will expand its online banking portfolio to include Shared Access (Entitlements) and Small Business Payments, including Automated Clearing House (ACH) and Wires to help financial institutions increase profitability, deepen loyalty and trust, and reduce fraud. Digital Insight was acquired by NCR Corporation in January 2014. Offered as part of the retail banking platform, the added Digital Insight online banking solutions enable the company’s more than 1,000 customer financial institutions to attract and engage the unique needs of profitable small businesses.Details