OTI to Fill Order for 30,000 NFC and Contactless Payment Readers

On Track Innovations received a blanket order for 30,000 of its NFC and contactless payment readers for use in North America from a global leader of integrated technology solutions in the retail petroleum industry. OTI plans to deliver the entire order to its customer this year and expects additional revenues for providing support services to the customer. OTI expects to receive follow-on reader orders from this customer later this year. OTI worked closely with the customer to create a custom-built antenna (hardware) and support the various contactless payment schemes (application) on the reader itself, ultimately providing the customer with an OEM kit to fit the customer’s wide range of products. OTI was chosen over its competitors for its proven ability to solve the customer’s specific needs based on its know-how and extensive intellectual property.

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OTI to Fill Order for 30,000 NFC and Contactless Payment Readers

On Track Innovations received a blanket order for 30,000 of its NFC and contactless payment readers for use in North America from a global leader of integrated technology solutions in the retail petroleum industry. OTI plans to deliver the entire order to its customer this year and expects additional revenues for providing support services to the customer. OTI expects to receive follow-on reader orders from this customer later this year. OTI worked closely with the customer to create a custom-built antenna (hardware) and support the various contactless payment schemes (application) on the reader itself, ultimately providing the customer with an OEM kit to fit the customer’s wide range of products. OTI was chosen over its competitors for its proven ability to solve the customer’s specific needs based on its know-how and extensive intellectual property.

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KBC Bank Ireland Deploys Dovetail Payments Services

Dovetail next generation payment services hubs announced that KBC Bank Ireland selected, implemented and gone live with SEPA Credit Transfers on the Dovetail Payment Services Hub. The other functionality on the Payments Hub is scheduled to go live in stages in H1 2013. The KBC Bank Ireland program is a rich SEPA solution supporting full SEPA Credit Transfer and Direct Debit processing for mandate management, full Debtor and Creditor Services as well as automatic processing of all ‘R’ messages from clearing channels and clients. The implementation was based on Dovetail’s standard SEPA Reference Solution and took three months from initial kick-off to live operation.

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PayAnywhere Announces Channel Rollout Partnership

PayAnywhere mobile point of sale solutions provider partnered D&H Distributing consumer electronics distributor. Part of a retail rollout strategy, the partnership takes the PayAnywhere mPOS solution to small and independent retailers through the country’s largest distributors. Retailers working with D&H distributors can now offer their customers the PayAnywhere mPOS solution as a way to conduct on-the-spot credit and debit card transactions using the mobile credit card reader, increasing sales opportunities and creating an improved checkout experience. Designed specifically to meet the mobile point of sale needs of small businesses and retailers, the PayAnywhere solution works with iPad, iPhone, iPod touch, Android and BlackBerry devices.

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TransCard Congratulates FamZoo on 2013 FinovateSpring Award

TransCard prepaid products to financial institutions of all sizes, would like to congratulate FamZoo, the winner of one of five 2013 FinovateSpring Best of Show awards. Developed with TransCard’s prepaid platform, the “family pack” of affordable, widely accepted cards are linked together and accessed online through FamZoo’s award-winning family finance management software tools that help parents teach kids good money habits. This is FamZoo’s second win as Best of Show at Finovate. In 2011, FamZoo was awarded at FinovateFall for the debut of its Partner Edition product, which brings co-branded family finance management solutions to banks and credit unions.

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Restaurant Manager to show iPad POS Tech

Action Systems, makers of the Restaurant Manager Point-of-Sale System and long-time leaders in mobile POS solutions for restaurants will unveil their latest iPad POS solution, RM Kiosk, at the National Restaurant Association Show. The RM Kiosk iPad POS app is a customer facing restaurant POS technology developed as a native app for iPad. This self-service solution will allow customers to browse a restaurant’s menu and then place their own order using a sleek iPad interface. RM Kiosk is fully integrated with the Restaurant Manager POS system so restaurateurs with self-ordering kiosks can continue to use a familiar, user-friendly interface to manage their operations.

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Chase Tops Keynote mBanking Scorecard

Chase took top honors in the Keynote Mobile Banking Scorecard for overall mobile web experience in Q1 2013. This is Chase’s third consecutive win in Keynote’s ranking of mobile offerings among the 15 largest U.S. banks. In the latest Keynote Scorecard, Chase ranked #1 in two of four categories – Functionality and Ease of Use – to take the top spot overall. Features include “QuickDeposit” mobile check deposit capability; “QuickPay” person-to-person payment service; and Chase Instant Action Alerts to notify customers of a low balance. The Scorecard measures and ranks the 15 largest retail banks in the United States based on a list of more than 100 criteria in four main categories, developed from user testing and research.

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Charge Anywhere Launches MPOS EMV on Blackberry

Charge Anywhere MPOS apps is set to demonstrate its smart phone EMV payment acceptance by converting a BlackBerry phone into an EMV point of sale terminal. The Charge Anywhere Mobile Payment solution combines powerful tools to enable secure EMV mobile payment acceptance; any BlackBerry and a Bluetooth enabled EMV/Chip & PIN smart card reader. The Charge Anywhere MPOS Payment Application for BlackBerry enables business owners to securely process credit and debit cards anywhere their business takes them. Now, merchants operating on the new BlackBerry 10 platform and BlackBerry legacy devices can accept EMV payments in a mobile environment.

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GoPago to Demo mPOS Card Reader

GoPago will unveil its mPOS solution as the latest addition to our commerce in the cloud product suite at the National Restaurant Association (NRA) show. All the power of GoPago LIVE’s tablet POS on a smartphone, GoPago mPOS pushes the POS to the edge of brick and mortar restaurants. To debut on the Nexus 4 with a card reader, rugged case and with its POS software already loaded, the mPOS offers flexible connectivity for merchants via WiFi with the option to upgrade to a 4G data plan. “Green” flexibility is offered when customers can choose to have their receipts texted or emailed and for merchants who desire, printed wirelessly via Bluetooth.

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Earthport Announces New Payment Route

Earthport cross-border payments service provider deployed its fully automated payment service, offering first low value payment service route for Earthport in North Africa. Allowing Earthport to expand its network infrastructure into the region. Clients will be able to benefit from more competitive and transparent payments services, while leveraging Earthport’s local clearing capabilities to offer more cost efficient, low-value payments. Among the top remittance destinations on the African continent and the second largest remittance country in North Africa with an estimated $6.4 billion worth of payments received in 2010, the expansion into the region is in response to the growing demand for low-cost payments into the region.

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Absa Bank Launches Multi-Currency PrePaid Card

bsa Bank launched a Multi-Currency Cash Passport – South Africa’s first reloadable prepaid travel Multi-Currency Card. The card allows cardholders to load multiple currencies on the same card with global reach of MasterCard, while it is also accepted at 35.9 million locations worldwide. Cardholders can currently load up to four currencies on the easy-to-use card: US dollar, British Pounds, Euro and the Australian Dollars. More currencies will be added to the Multi-Currency Cash Card at a later stage.

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WEX Announces Virtual Payment Solution Partner

WEX corporate payment solutions formed an agreement with Grupo Transhotel (“Transhotel”) travel related services, to provide the WEX Travel solution for Transhotel’s supplier payments. The WEX Travel Solution allows Transhotel to reduce costs, increase efficiencies, and improve security with its pioneering single use virtual card technology. This agreement builds on WEX’s virtual card technology and expertise in the travel industry and underscores WEX’s commitment to service customers across Europe.

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