Paysafecard Announces Augmented Reality to App

Paysafecard prepaid payment provider released an update of its free paysafecard app. The redesigned app offers additional features which enable customers to search for points of sale and to control their spending faster and easier than ever before. The augmented reality function 360° paysafecard shows the user sales outlets that are close to the current location. Finding the nearest outlet is therefore easier than ever before – and the app also adds an element of fun with its interactive search function. The outstanding display of 360° paysafecard allows customers to find the next point of sale in an intuitive way. In addition to the augmented reality function 360° paysafecard, the app offers many other innovative features such as the practical charging function via QR code and mobile access to the online account my paysafecard.

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Identity Protection on the Internet

Internet is very much a part of modern life; today online world has pierced in every aspect of our lives such as online shopping, banking or chatting. Not only e-commerce is continuously growing, online services from public sector are also increasingly used throughout Europe. They provide a more convenient and efficient way for the public to access their government services and reduce the frequency of the time-consuming visits to their local government offices. Prerequisite to use online public services with a secure proof of identity is an electronic identity card (eID) with security chip. One recent example of such an eID implementation was the Slovak Republic which just started to issue an eID using solely security chips from Infineon Technologies AG to store the personal and confidential data of their citizens.

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ReD Partners Setcom Against CNP Fraud

ReD global fraud prevention announced a new four year agreement with Setcom payment gateway, making ReD’s industry leading ReD Shield fraud prevention solution available to Setcom’s global merchant base, as part of an integrated fraud and payments offering. The partnership will allow Setcom to offer ReD’s proven fraud and risk services to its wide range of clients worldwide. ReD will work closely with Setcom and its merchants to provide consultancy and expert risk advice to deliver tailored solutions.

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Mobile Money by T-Mobile

T-Mobile US, Inc. today announced the company is extending its Un-carrier consumer movement to personal finance – transforming smartphones into personal money managers that can free people from excessive fees they often pay to use their own money. Mobile Money helps counter that trend with the combination of a simple, smartphone money management application designed for use with a re-loadable T-Mobile Visa® Prepaid Card that offers many reduced fee or $0 cost services for registered T-Mobile wireless customers. With Mobile Money, registered T-Mobile wireless customers pay $0 for things they do every day. No charge for activation, monthly maintenance, in-network ATM withdrawals, or for replacing lost or stolen cards. No minimum balances required. No more worrying about overdraft fees. And no unnecessary trips to the bank or a check casheri.

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CPI Decline

The consumer price index (CPI) has declined a record 130 basis points in the fourth quarter this year from 2011, despite persistent unemployment as well as rising fuel and food prices.However, it is up 20 basis points from one-year ago. The Bureau of Labor Statistics says the year-over-year unadjusted CPI came in at 0.96%, which the BLS rounds to 1.0%, down from 1.18% last month. RAM Research predicts the CPI will decline to 1.5% by the end of December.

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Casablanca Contactless Cards

ASK SA is proud to announce that the company is now a supplier of M’Dina bus, the official transportation operator for the city of Casablanca, Morocco. ASK has been selected by M2M, to deliver the contactless cards for Casablanca’s new bus network. M’Dina Bus decided to choose ASK to upgrade its system and to offer a more convenient and versatile way of transportation. Based on CD 21 chip, the smart cards have been provided to the users of M’Dina network. Today M’dina bus provides more than 1.5 million of travels a day thanks to its numerous and efficient lines.

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Gemalto UpTeq Powers First NFC Payments in Ukraine

Gemalto has supplied its UpTeq Multi-tenant SIM embedded software and product to Kyivstar, the leading Ukranian mobile operator, supporting the country’s first ever contactless payment via a mobile phone. Working in conjunction with Kyivstar, Alfa Bank’s pilot paves the way for a full commercial launch of NFC mobile payments across Ukraine. Kyivstar is the Ukrainian business unit of VimpelCom Ltd, with a total customer base of over 25 million subscribers. The UpTeq SIM design incorporates a unique multi-tenant architecture that facilitates simple and fast on-boarding of new service providers to create a compelling value proposition for mobile operators, banks, transit and loyalty schemes.

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NCR and ATMRC Deploy Weatherized ATMs

NCR Corporation, the global leader in consumer transaction technologies, announced today that Moneycorp has deployed weatherized NCR SelfServ™ 28 ATMs in city center locations around the U.K. to provide a reliable, secure service for customers. The NCR ATMs are conveniently designed for busy city center locations. Moneycorp worked closely with NCR and NCR partner, ATMRC, to quickly design, test and deploy the ATM solution. This ensured a timely and effective deployment for Moneycorp’s on-street ATMs, helping to future-proof its business and increase profitability. It is designed to be easily deployed and redeployed anywhere”indoors or outdoors”with minimal infrastructure requirements, providing maximum brand exposure, transaction volumes and revenue combined with a low cost of ownership. The SelfServ 28 ATM needs only a power outlet to operate and with a temperature range from -50 to +35 degrees centigrade does not require a structure to protect it from the weather.

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VISA CEMEA Q4

Visa’s payment card volume in Central Europe, the Middle East and Africa has been slowing down in 2013, from nearly 37% year-on-year growth in Q4/2011 to a mere a 15% in the fourth quarter of this year. Poland and Hungary are holding their own while the Czech Republic is very sluggish. Pakistan’s economic performance is getting a boost by the decision of EU Parliament’s International Trade Committee’s to grant duty-free market access to its exports.

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Fiserv Announces Latest Integrated Payment Client

Fiserv announced today that South Carolina State Federal Credit Union (SCU) has selected an integrated suite of payment solutions including debit and credit card processing, the Accel™ debit payments network, UChoose Rewards® and Risk OfficeSM, to enhance the member experience and improve operational efficiency. SCU has been using DNA from Fiserv since 2006. Fiserv provides comprehensive integrated solutions for credit unions which include account processing, bill pay, online banking and a full suite of credit, debit and prepaid solutions, including a flexible loyalty rewards program and fraud risk solutions for cards. Fiserv also offers card personalization, 24-hour call centers and extensive training, marketing and implementation support.

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Moneycorp Chooses Weatherized ATMs

NCR Corporation announcedthat Moneycorp has deployed weatherized NCR SelfServ™ 28 ATMs in city center locations around the U.K. to provide a reliable, secure service for customers. The NCR ATMs are conveniently designed for busy city center locations. Moneycorp worked closely with NCR and NCR partner, ATMRC, to quickly design, test and deploy the ATM solution. This ensured a timely and effective deployment for Moneycorp’s on-street ATMs, helping to future-proof its business and increase profitability.

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2Checkout Takes-On WePay e-Commerce Customers

2Checkout online payments has launched a program to rescue merchants recently abandoned by WePay. WePay recently announced their decision to retire their hosted checkout option and force customers to adopt their APIs instead. 2Checkout continues to offer merchants a hosted payments solution, and has set up a convenient landing page for former WePay customers to learn more. Hosted checkouts offer an intuitive and agile way for merchants to jump into online retailing without the hassle of formatting pages of website code.

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