VeriFone Announces Executive Appointments

VeriFone Systems appointed Jennifer Miles president, VeriFone Americas; Bulent Ozayaz to president, VeriFone Southern Europe, Russia, Middle East and Northern Africa; Johan Tjärnberg to president, VeriFone Europe and Southern Africa; and Eliezer Yanay to chief operations officer. Miles joined VeriFone in 2001 and led the significant growth of the company’s North American business, including Retail, Global Security and Vertical Solutions, over the past 10 years. Ozayaz joined VeriFone in 2006 and has served as general manager of the company’s North American Wireless Solutions and VeriFone Media businesses. Tjärnberg joined VeriFone in 2012 through the acquisition of Point International and has served as Point’s CEO since 2010. In his seven years with Point, its payments-as-a-service offering saw significant growth and expansion into multiple European jurisdictions. Yanay joined VeriFone in 2006 and has led the company’s global R&D, supply chain and product management initiatives since 2011. In his previous role at VeriFone, Yanay was responsible for all operations and manufacturing in Israel, as well as business development, sales and marketing in Continental Europe, Southeastern Europe and Asia.

Details

Planet Payment Allows UnionPay Merchant Acceptance

Planet Payment multi-currency payment processor can now allow eCommerce merchants to accept UnionPay cards. UnionPay is one of the largest card brands in the world, with over 3.5 billion cards issued worldwide. Since the majority of Chinese consumers carry UnionPay cards, in order to effectively sell to the widest possible pool of Chinese consumers, merchants need the ability to accept UnionPay cards on their websites. Planet Payment allows merchants to participate in UPOP — UnionPay’s program to authenticate and process UnionPay cards online and more effectively tap into what is projected to be the world’s largest eCommerce market by 2015. Planet Payment integrated the UPOP into iPay, the Company’s payment gateway, providing merchants with the option of creating a customized payment experience using Planet Payment’s API or leveraging iPay’s Hosted Payment Page for an easy-to-implement solution.

Details

AJB Launches mPayments for Petroleum & C-Stores

AJB Software Design integrated payment solutions launched its “FIPay Mobile” mobile payment application that allows Android and iPhone users to pay for gas purchases using their mobile phones while remaining in their car. It provides petroleum retailers the opportunity to attract new mobile-savvy consumers by deploying customized mobile applications without the need to make new investments or changes to their POS infrastructure. AJB unveiled the first mobile payment application in the Canadian Petroleum industry, through a successful pilot deployment at Hughes Car Wash, a Petroleum & C-Store retailer, based in Edmonton, Alberta. Consumers can now pay for gasoline and car washes with their mobile devices at the Hughes Car Wash flagship location in Edmonton, with plans to roll out the solution to additional locations over the next year. AJB’s “FIPay Mobile” is responsible for integrating with the PIN pad device and fuel pumps in the petroleum sector and is PCI-compliant through Cogeco, a PCI-DSS validated service provider.

Details

Visa & Planet Payment Ink Processing Agreement

Visa opened the Myanmar market to ATM and POS acceptance through their licensing agreements with Co-operative Bank, Kanbawza Bank, and Myanmar Overseas Bank. Now Visa and Planet Payment are working on opportunities to target the deployment of the managed service to additional developing markets in support of traditional ATM and POS acceptance as well as developing support for mobile point of sale (mPOS). As more and more merchants look to capitalize on the value of accepting electronic payments, Visa stands ready to help its client banks support growing the financial network, expand on its financial inclusion goals, and partner to develop their payments systems.

Details

globalVCard to Launch Changes at Innovation Project 2013

CSI Enterprises a leader in innovative financial solutions for enterprises and businesses, is set to release some important updates to its globalVCard paysystems accounts payable solution. The globaVCard paysystems will look to further cement their position on the top, with vast improvements to their web-based application. Featured prominently will be impressive changes to card and payment management. Clients will now be able to view and manage all the details of their payments from one screen. Payments will be managed in real-time, with the ability to change all attributes quickly and easily. The updated version will also include robust changes to the dashboard and communication capabilities.

Details

EMT Pilots NFC tags, Prospecting mWallets

EMT is launching NFC service, implementing small sticker-like tags that contain a small microchip. All customers need is to download the “EMT NFC Starter” app from Google Play. The prices for NFC-enabled phones start from €99. Currently, there are 22 different NFC-phones available at EMT. The number of NFC-enabled phones in the EMT network is approximately 20,000. EMT, in cooperation with leading Estonian banks, will also launch a NFC mobile payments project to test mobile wallet solutions and possibilities.

Details

BBVA Grows JCB Merchant Acquiring

Banco Bilbao Vizcaya Argentaria (BBVA) is starting JCB merchant acquiring operations based on a license agreement with JCB International (JCBI) global payment brand. BBVA will start facilitating JCB acceptance at BBVA-acquired merchants throughout Spain to serve its merchants better by offering them the opportunity to capture JCB card sales along with other global payment brands as well as helping merchants give customers the opportunity to pay with their preferred card. BBVA merchant acceptance will significantly increase JCB brand coverage, which will continue to efforts on improving card acceptance.

Details

Consumers Spending Fastest Since October

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Americans spent at the fastest pace in five months in February, with retail spending up 1.1% from January. Excluding higher gas prices, this figure is closer to 0.6%, despite the higher Social Security taxes, taking effect this year. With consumer spending driving about 70% of economic activity, with core retail sales…

Details