Arvest Maintains Free Checking, Debit Card

Arvest Bank committed to providing a feature-rich free checking account with a free debit card, free online and mobile banking, and a debit card rewards program. Lowering overdraft/nsf fees for its Free Checking account, Arvest Bank bucks the national OD feeaverage of $27.00, charging only $17 for free checking accounts. The Bank is also maintaining a free checking account with a free debit card, requiring no minimum balance and no monthly fee account. It also provides an alternative for consumers whose bank may have recently added fees to basic accounts.

Details

Leaders Merchant Services Offers Merchants 0.49% Processing Rate

Leaders Merchant Services is now offering merchants a merchant account with a low 0.49% debit & check card processing rate-less than one half of a percent. The Durbin Amendment, capping Interchange fees, allows Leaders Merchant Services to offer businesses a chance to really compete in the market. The Leaders Merchant Services credit card processing company offers retail merchant accounts, MOTO merchant accounts, and Internet merchant accounts, as well as mobile credit card processing accounts (this includes mobile credit card terminals and smartphone credit card processing).

Details

Qtel Group Builds Global m-Money Network

The Qtel Group launched its Mobile Money service “mobile wallet” (mWallet) solution. This lets users transfer money in Qatar and overseas through the mWallet. The Qtel Mobile Money service opens up a huge range of possibilities for customers and is as easy to use as a mobile phone. Customers will also be able to use their mobile phone accounts to save and send money, top up their credit, make payments and transfer airtime to friends, relatives, employees and partners.

Details

Nokia Deploys NFC Smartphone

Nokia launched its “Nokia 603” smartphone preloaded with the latest apps and featuring single-tap pairing. This completes the NFC-enabled easy pairing experience in an affordable package. This latest smartphone exemplifies Nokia’s belief that affordability should not compromise the quality of the experience. The Nokia 603 offers a seamless, compact design that makes the most of the durable 3.5 inch ClearBlack, scratch-resistant display, optimized for use in sunlight.

Details

Aramor Payments Appoints mPayments Head

Aramor Payments extended its portfolio of services to include mobile payment solutions for business, for which it has appointed Lyndon Burrell SVP, Canadian Payments. The technology allows Canadian merchants to download a free app to their smartphones and tablets for use as Point Of Sale (POS) terminals in conjunction with an attachable “card swiper.” This allows merchants to swipe and accept Visa, MasterCard and American Express cards as payment from their customers.

Details

AmEx Middle East Membership Rewards Partners 10th Airline

American Express Middle East and Oman Air, the national carrier of the Sultanate of Oman, are partnering to offer American Express Cardmembers even greater value. Cardmembers enrolled in the American Express Middle East Membership Rewards Program can now redeem their points for Oman Air “Sindbad Miles,” American Express Middle East’s tenth airline redemption partner. The rewards program offers one point earned for every dollar- or equivalent- spent on the Card. Membership Rewards points do not expire and can be redeemed across a wide selection of reward categories including flights, hotels, dining and entertainment, a variety of merchandise, and charity donations.

Details

Paytoo Expands mPayment Functionality

XY Prepago (Mobile Solutions) and Paytoo (Universal Mobile Services) reached an agreement, allowing mobile wallet services from any mobile phone. The agreement was ratified in Miami by Santiago Arroyo, Product Innovation Manager of the G-Tel Group through its XY Prepago business unit and by Michel Poignant, CEO of Paytoo. The Paytoo and XY Prepago allow users to make local and international long distance calls, transfer credits, pay bills, pay merchants and check their balance and withdraw money in real-time and securely. Paytoo has a strategic alliance with recognized international partners that allow the company to offer a pre-paid Visa card that can be used anywhere Visa is accepted as well as a virtual VISA credit card that will allow its users to be able to make purchases online and by phone at any time.

Details

Wincor Nixdorf Inks Service Contract Extensions

Kyffhäusersparkasse and Kreissparkasse Nordhausen have both extended their existing service contracts with Wincor Nixdorf for four and three years, respectively. Wincor Nixdorf’s subsidiary Prosystems IT will provide remote services to both savings banks for a total of 141 installed self-service systems. The contract includes services that range from remote monitoring to remote fault detection and resolution. The two savings banks thus benefit from increased self-service system availability and significant cost savings.

Details

YESpay Appoints New VP, Operations and Client Services North America

YESpay Appointed Mary Di Vincenzo VP, Operations and Client Services North America. Mary’s arrival in the North American Operations and Client Services team is part of YESpay’s expansion strategy in Canada and USA. Mary’s role is to ensure YESpay is fully prepared to serve the North American market by augmenting the company’s already impressive list of acquirers, pin devices, third party host certifications and service offerings across multi-channel environments.

Details

Western Union and 7-Eleven Ink Prepaid Card Agreement

Western Union global payments and 7-Eleven convenience retailer forged a prepaid agreement to offer consumers Western Union “MoneyWise General Purpose Reloadable” prepaid card at 7-Eleven store locations in 2012. The Western Union “MoneyWise Prepaid Card” will be a new service option for consumers who already purchase Western Union money orders at more than 6,000 U.S. 7-Eleven retail locations. The agreement also positions 7-Eleven as the largest retail seller of the Western Union MoneyWise prepaid reloadable card product in the U.S.

Details