TSYS Inks Partnership Agreement with Acclaris

TSYS Healthcare signed an agreement to provide benefit card processing and other services to Acclaris, furnishing solutions for consumer-driven healthcare offerings, flexible spending accounts and other reimbursement account administration for health plans, third-party administrators, outsourced human resource organizations and banks. TSYS Healthcare will bring to the partnership processing capabilities that enable advanced card functionality.

Details

StubHub Ticket Oak Intros Rewards Program

StubHub ticket marketplace launched its comprehensive loyalty rewards program, StubHub “Fan Rewards,” offering rewards for eligible purchases plus the opportunity for unique fan experiences and complimentary seat upgrades. Fans across the country can sign up for StubHub Fan Rewards online and start earning rewards on their next purchase. Similar to rewards programs in the travel industry, StubHub Fan Rewards offers perks and benefits to frequent users of StubHub.com. The program is the result of customer feedback from the company’s most frequent users and StubHub’s continued commitment to rewarding brand loyalty. The rewards program offers the Star and Superstar levels, letting users earn 2% in rewards for each eligible purchase and- once they reach $10 in rewards, they become eligible for a $10 FanCode to use on any future StubHub.com purchase.

Details

Inconsistent Consumer Spending Changes With the Times

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] With the Total outstanding revolving US consumer credit having leaped 11.2% in May since the year ago figure, it was down again in June by 5.1%, according to the Federal Reserve. Down from the May figure of $870.2 billion to $864.6 billion, outstanding revolving US consumer credit compares to the year…

Details

WePay Upgrades Payment Acceptance offering

WePay online payment acceptance is now offering lower pricing and the ability for partners to completely control the checkout experience. Now pricing of 2.9% + $.30 (formerly 3.5%) with no set up, monthly or hidden fees, WePay offers tokenization security with no iFrames or redirects and step-by-step integration to allow developers to integrate WePay quickly and with minimal effort. WePay’s credit card tokenization feature now allows partners to take advantage of its technology and customer support while also controlling the payment experience.

Details

VSoft Joins Viewpointe Network

VSoft is now a member of the Viewpointe network for exchange services, benefiting both organizations with an expanding network of exchange partners. This also provides VSoft clients with access to a fully integrated and seamless clearing and settlement solution with Viewpointe Clearing, Settlement & Association Services (VPCS&AS) rules coverage, common business practices through a single multilateral agreement, and settlement using a National Settlement System. The partnership includes Pointe2Pointe for image exchange services; National Settlement System (NSS) for Internet-based net settlement system; and Association Services, providing education and support for all payments network participants. VSoft is able to consolidate its clients’ exchange activity through a dedicated channel, thereby eliminating the need to establish a complex structure of partnerships and connections with each individual financial institution.

Details

Compass Plus to Unveil Platform at FinovateFall 2012

Compass Plus retail banking software and electronic payments system is set to present its “TranzAxis” platform at FinovateFall 2012 on Sept. 12 and 13. The “TranzAxis” platform provides a full set of application development tools (builders, designers, editors, debuggers, etc.), as well as a set of specialist components that assist in implementing more diverse applications in a given domain. TranzAxis is easily scalable to benefit institutions of any size that face continuously changing business requirements and provides efficiency, flexibility, faster product deployment and cost savings.

Details

Virtual Piggy Appoints Star to Board of Advisors

Virtual Piggy online youth purchasing appointed Sela Ward to their Board of Advisors, an Emmy and Golden Globe award-winning American movie and television actress. Encouraging children empowered to manage their financials within reasonable limits set by the parents, Sela is an advocate of Virtual Piggy and how it helps children learn how to spend wisely, save for the future, and even donate to charity within a secure and controlled environment. Her appointment was thanks in part to her perspective on the market Virtual Piggy can reach and help refine our product and messaging.

Details

Beall Implements VeriFone Multimedia Payment

VeriFone Systems has been awarded a contract to supply the Beall’s retail chain with its “MX 915” advanced payment and media-enabled solutions system in a space-saving form factor. Beall’s also will be complementing the MX 915 with VeriFone HQ, an advanced estate management solution allowing them to easily keep stores up to date with evolving payment and mobile solutions. The “MX 915″ is one of the first models in the new customer-facing MX 900 series, with a brilliant 4.3” color display, powerful processor and generous memory. MX 900 Series systems provide the broadest compatibility available with rapidly evolving mobile/NFC wallets, EMV smartcards, and alternative payment methods, and easily adapt as more payment methods are introduced.

Details

Euronet Pakistan Awarded Outsourcing Agreement

Euronet Pakistan signed a comprehensive Electronic Financial Transactions (EFT) Outsourcing Agreement with Burj Bank. Burj Bank will utilize Euronet’s PCI DSS compliant processing platform, replacing the current in-house system. Euronet will enable and launch MasterCard debit cards for Burj Bank customers along with other innovative services as part of their extensive overhauling roadmap and offer new transactions and services to their customers in a timely and cost-effective manner, to ensure that the Bank stays ahead of its competition.

Details

i2c & Western Union Launch Intl. Prepaid Card

i2c payment processing and commerce solutions and Western Union partnered to bring consumers in the Philippines the Western Union Gold Prepaid Card on i2c’s MCP global processing platform. The Western Union Gold Prepaid Card allows consumers to direct a Western Union Money Transfer transaction directly onto a card, or utilize a “split payout” option to load part of a remittance onto a card and receive the rest in cash. The card also offers innovative mobile text features that help consumers better manage their money. Cardholders can load Western Union remittances and receive account information using SMS text messages, which interfaces with local systems for a “split payout” option.

Details