CardConnect payment processing announced its acquisition of SmartPay online billing tool developed by Onsharp, an interactive agency that designs, builds and supports web-based technology solutions. The SmartPay enterprise billing tool gives a business’s customers the ability to receive, view and pay their bills online, eliminating the need for paper invoices. The tool is particularly beneficial for businesses that rely on invoicing – such as law firms, hospitals and manufacturers – and are looking for a way to streamline the process.Details
TSYS announced that it supports Paynet, one of Kenya’s leading financial services providers to issuers and acquirers, in its ‘Great Migration to EMV Chip Card’ campaign. Paynet has been a TSYS client since 2004. It licenses PRIME 4, the latest version of the TSYS licensed card and merchant management solution, to manage its Visa card portfolio and provide a full range of outsourced front- and back-office card processing and fraud management services for financial institutions across Kenya and East Africa. Paynet initiated ‘The Great Migration to EMV Chip Card’ campaign to fight card fraud by urging banks and other stakeholders in the region to move toward the higher security EMV Chip debit/credit card standard.Details
AzeriCard card processing and OpenWay, a recognized leader in software solutions for the payment industry, improved mobile banking service with the WAY4 Cash By Code technology. By generating a code on a cellphone, this technology allows for withdrawing cash on an ATM without a plastic card. This convenient ‘mobile wallet’ proved appealing to clients of 14 of AzeriCard’s partner banks. The new service also works as instant money transfer to recipients without a bankcard. The mobile banking with the Cash By Code option was developed by OpenWay. The solution works on iPhone, Android and BlackBerry smartphones, as well as on Java-enabled feature phones. The mobile banking menu allows the user to type in an operation amount and select the preferred card and currency from the list.Details
The PCI Security Standards Council announced that the PCI DSS is now available in Russian. A Russian language microsite has been added to the PCI SSC website, which also includes translated supporting documents and resources for standards implementation. According to research firm Mercator Advisory Group, over the next two years, the number of cards in Russia is expected to increase to nearly 250 million debit cards and approximately 50 million credit cards. The PCI SSC website also supports translated pages and PCI materials in other languages, including: Chinese, French, German, Italian, Japanese, Portuguese, and Spanish.Details
Datacard Group announced that the company will relocate its corporate headquarters from Minnetonka to Shakopee, Minn. Datacard Group has outgrown the 35-year-old headquarters location in Minnetonka and wants to maintain its headquarters presence in the Greater Minneapolis/St. Paul area. After extensively researching areas that would fit their growth now and in the future, the company is confirming that they have chosen to buy and renovate a 370,000-square-foot facility at 1187 Park Place in Shakopee. The move is planned to take place in 2014.Details
USA Technologies officially launched ePortGOTM an end-to-end cashless payment, dispatch and navigation solution designed to simplify and economize the daily processes of today’s taxi and for-hire vehicle businesses while accommodating the increasing demand for secure, in-vehicle credit/debit card acceptance. ePortGO is an integrated system that enables credit/debit card fare payment, trip management, recordkeeping, vehicle dispatching, navigation, and other features all in one easy and cost-effective solution. ePortGO is also designed to be flexible; operators can start out with the standard service for metered or unmetered vehicles or opt for the Premium service that integrates dispatch, navigation and other features, such as a consumer mobile app displaying the operator’s personalized brand.Details
Blackbaud released Blackbaud MobilePay mobile credit card processing application that is integrated with the company’s payment processing services. Blackbaud MobilePay is now available in the Apple® App Store and the Android® Play Store to nonprofits in the United States using Blackbaud Merchant Services. Blackbaud clients receive up to two complimentary Blackbaud MobilePay card readers. Nonprofits can accept credit and debit card payments anywhere within minutes. Once logged in to the MobilePay app on an iPhone®, iPad® or Android® device, users simply enter the amount, the payee’s email, swipe the card and obtain a signature. A personalized email receipt is sent after each transaction.Details
RushCard debuted its newest television commercials this week, which feature company co-founder and social entrepreneur Russell Simmons in a variety of unexpected cameo roles. The 60-second spots for RushCard will air on cable networks nationwide and reflect the company’s new branding, developed in conjunction with the brand’s 10-year anniversary. RushCard will air two TV spots on cable networks nationwide throughout 2013. The first spot features Russell Simmons secretly posed as a doorman, tipping his hat to a RushCard cardholder on her way into the bustling city streets. The second spot subtly portrays Russell Simmons as the cab driver for a RushCard cardholder traveling in the backseat. In both spots Russell Simmons’ cameo illustrates how RushCard supports customers in their everyday financial lives.Details
Swiff announced its partnership with Affinitas, a payment solutions provider, to launch an innovative, secure Chip and PIN & Sign mPOS solution in Mexico.
Swiff will provide its mobile payment expertise through its unique authentication technology and hardware for Affinitas’ client ecosystem. Swiff’s secure, white-label mPOS solution will launch under the Mikit brand for Affinitas Clients like Sí Vale, Afirme and First Data. Marking Swiff as a key mobile payments provider in Mexico, this partnership also signifies a mobile readiness in the region. SCCP’s innovative mPOS platform integrated with a Chip and PIN & Sign solution will support acceptance and visibility of mPOS in Latin and Central America, beginning with Mexico.
[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] ACI posted 2Q/13 revenue of $208 million, up 30% by $48 million from the year ago figure. Monthly recurring revenue grew to $148 million, up $43 million, and represented 72% of total revenue in the quarter. Q2 non-GAAP operating income was $17 million versus $9 million last year. Consolidated GAAP operating…Details
Exatouch Retail POS software systems are now available with integrated TSYS, offering merchant services providers (MSPs) of having a POS software system to offer retail merchants, XTT LLC developed tightly integrated, easy to deploy POS systems especially for MSPs. With no merchant processing revenue sharing, Exatouch uniquely enables MSPs to realize the full potential of their business model, including revitalizing equipment leasing revenue. The Exatouch Atom™ and Atom Classic are now available with TSYS® payment processing.Details
Moneris Solutions and TouchBistro, a leader in providing innovative restaurant management solutions, announced that they have partnered to provide an iPad® payment solution with end-to-end encrypted processing for U.S. customers. Moneris will deliver a reliable payment processing system that integrates with TouchBistro’s point of sale and restaurant management tools. With this enhanced offering, TouchBistro customers can leverage the platform’s ability to increase operating efficiencies, integrating the payment solution with robust management tools that can be used table-side to run the entire restaurant operation.Details