Better ATM Services to ATM-Dispense Visa Prepaid Cards

Better ATM Services is set to expand the ATM-dispensed Visa prepaid card program throughout the U.S. The decision to grow the program followed the enthusiastic response from consumers and financial institutions during an in-market pilot program conducted through financial institutions in Arizona. Better ATM Services enabled ATMs at participating pilot financial institutions to use on-screen options and minor hardware adjustments to allow customers to purchase Visa prepaid cards directly from the ATM. Menus allow consumers to select between cash or Visa prepaid cards. While the pilot program allowed the selection of fixed value cards, menu options now allow account holders to designate the value to load on each card they purchase.

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MLMIA Endorses PayAnywhere mPOS

The Multi-Level Marketing International Association (MLMIA) is supporting PayAnywhere, providing all members of the multi-level and direct sales profession, including corporate, support (vendors/suppliers) and independent distributors, with the mobile payment industry’s only enterprise-grade, “pay-as-you-go” mobile point of sale solution. PayAnywhere empowers MLMIA to offer to everyone in the industry the mobile payment tools they need to successfully sell merchandise and analyze which items are getting the most traction amongst buyers. PayAnywhere carges no hidden fees: no setup, monthly or cancellation fees. Independent distributors and brand reps using PayAnywhere enjoy a low 2.69% fee for swiped transactions and the fastest payouts in the industry, with transaction funds typically deposited in merchant accounts within two business days. Its available on iPad, iPhone, iPod touch, Android and BlackBerry devices.

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Retail Merchants Have Positive Outlook on Holiday Shopping

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Chase Paymentech indicates 59% of e-commerce companies surveyed expect better sales volume this season than in 2011, while 47% expect it to be better than pre-recession levels in 2007. The Chase Paymentech eHoliday Shopping Monitor reveals expectations for the holiday shopping season among e-commerce companies across a variety of sectors. This…

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Euroclear & SmartStream Launch Reference Data Utility

Euroclear Bank and SmartStream partnered to provide a centralized reference data utility service known as the Central Data Utility (CDU). For this, Euroclear Bank service will source securities data from data vendors as well as from data originators, such as central securities depositories and stock exchanges. Powered by SmartStream technology, securities data processed in the CDU will first be validated, cleansed of inaccuracies and then enriched before being relayed to clients in the precise format that the client has chosen, on an intra-day basis. This new service is unique in that it is available to market participants in the form of a centralised utility. CDU clients can benefit from a centralised and simplified process to access cleansed data from their chosen data vendors.

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FreshDirect Implements Dynamics Credit Card Device

FreshDirect launched its grocer payments application for the battery-powered Dynamics ePlate credit card device, allowing consumers to earn credits towards their groceries with every purchase. When the FreshDirect experience™ application is selected on their ePlate device, a consumer will earn additional savings at FreshDirect, as they use their Dynamics ePlate™ credit card device for their everyday purchases. Consumers can sign up for a battery-powered Dynamics ePlate credit card device online and is subject to a credit approval. Connected to an ecosystem of experience providers that each delivers an individualized brand experience, through an experience™ application, to the consumer, “ePlate” lets users select different ‘experience’ applications.

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Isis Expands mWallet Solution Westward

Isis mobile commerce JV between AT&T Mobility, T-Mobile USA and Verizon Wireless launched the Isis Mobile Wallet in Austin and Salt Lake City, allowing consumers to select from nine Isis Ready handsets. Users then download the Isis Mobile Wallet application from Google Play Load an eligible American Express, Capital One or Chase credit card into the Isis Mobile Wallet or get started with the Isis Cash™ card that comes in every Wallet. The devices can then be used where contactless payments are accepted.

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ElectraCard Services Launches Packaged Payment Switch

ElectraCard Services (ECS) electronic payments solutions made available prepackaged, functionally rich, high performance payment switch. The integrated solution meets the needs of financial institutions, local Independent Service Organizations (ISO), retailers and merchant processors and enables them to more quickly adapt to innovation in their markets. ECS ‘Payment in a Box’ bundles HP Integrity NonStop servers and electraSWITCH iTx series to deliver high reliability, extreme scalability and superior price performance. The integrated solution is based on the newly introduced HP Integrity NonStop NS2100 server, allowing customers who require a mission-critical application environment to extend the reliability of NonStop fundamentals at a lower price point.

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Earthport and ebpSource Launch Trans Payment Service

Earthport cross-border payments service provider and ebpSource electronic bill presentment and payment forged agreements by which ebpSource will offer cross-border payments solutions to its customers. This is in response to the growing demand from organisations for strategic international payments solutions to complement what they are doing on a national level. ebpSource delivers software solutions, consultancy and support to global billers, banks, payment processors and outsourced service providers. ebpSource is also master international distributor for a number of market-leading e-billing and payment technologies. The collaboration with Earthport will provide these organisations with better options for international payments products and the ability to quickly launch competitive white label services internationally.

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Dynamics Launches Device with Groundbreaking Payment Apps

Dynamics payment devices is set to announce its “ePlate” credit card device at Aria Resort + Casino in Las Vegas. It will launch with financial partners as well as content partners. The consortium will discuss and demonstrate the unique benefits and functionality of the ePlate™ credit card device. Dynamics was founded in 2007 and produces and manufactures intelligent powered payment cards and advanced payment platforms. The company has won many of the world’s most prestigious international business plan competitions, including the Rice Business Plan Competition, Carnegie Mellon McGinnis Venture Competition and the University of San Francisco Business Plan Competition.

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First Data Launches Layer for Software Developers and Merchants

First Data launched its “Rapid Connect” technology layer that enables simplified integration to First Data. This provides software developers and direct-connect merchants a streamlined way to create, test, certify and deliver payment-rich applications all through a single interface to enable customers to pay any way and anywhere they choose. It ultimately provides development and testing tools to allow developers and First Data merchant partners to easily manage payment interfaces and self-certify, saving time and cost. This includes a web-portal, easily accessible online certification management, tailored developer tool-kits, a robust development Sandbox, a universal message format, specialized support resources and a framework that will support ongoing innovation.

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Visa and Chexar Launch RDC Solution for Prepaid Users

Visa and Chexar launched a network platform to digitize traditional banking services for consumers, allowing Visa prepaid users to deposit paper checks to their reloadable Visa prepaid card using their mobile device by snapping a photo of a paper check. Powered by Chexar’s technology, including its remote deposit capture platform, the service provides Visa cardholders with immediate access to funds on their Visa prepaid card, enhancing convenience and security and reducing costs for consumers. Prepaid cardholders with RushCard, AccountNow and Plastyc, as well as select FSV Payment Systems cardholders, will be able to enroll their Visa prepaid card, and immediately begin making remote deposits. As consumers move between devices and deposit channels, their prepaid account now moves seamlessly with them and works reliably from any device.

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