Mouser Wins NXP Distributor Award for POS

Mouser Electronics top design engineering resource and global distributor for semiconductors and electronic components, won the NXP Semiconductors Distributor Award for POS Growth in 2011. The award was announced at NXP’s America’s Distribution Executive Conference in Sundance, Utah. NXP Semiconductors provides High Performance Mixed Signal and Standard Product solutions that leverage its leading RF, Analog, Power Management, Interface, Security, and Digital Processing expertise.

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EXPERT GROUP SIGNS 10 NEW ATM PLACEMENT AGREEMENTS

Expert Group announced that Expert Financing has signed an additional 10 new locations ATM placement agreement. The new placement is a mix of Hotels, Tourist designations and high traffic lounges all located in Miami, Florida. On track to double first quarter numbers of installations, Expert projections indicate one million transactions are within reach. Expert Group specializes in ATM placements.

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EXPERT GROUP SIGNS ATM MANAGEMENT SERVICE WITH CORD

Expert Group Expert Financing has signed an ATM outsourcing management agreement with Cord Financial Services. Highlighting ATM Replenishment Services in Florida, the agreements with Cord Financial Services signed a one-year contract to have Expert manage ATM’s in Miami Beach. The Florida based operator Expert Financing will provide support and first and second line maintenance for ATM machines and will manage technical support for unforeseen issues that might arise from operations. In addition, Expert will manage the ATMs cash replenishment services in association with Chase Bank.

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GearGost Partners Host Merchant to Process Cards Securely

GearHost has announced a new partnership agreement with credit card processing firm Host Merchant Services. The new partnership will allow GearHost to provide credit card payment processing services to its customers at ultra-competitive rates and to take advantage of Host Merchant Service’s industry leading customer service. Gear Host has now brought cloud hosting solutions to the masses, at a price that any business can afford. Gear Host cloud hosting is currently the most affordable and most powerful Windows cloud solution on the market. Merchant Services has partnered with a fast growing number of high profile web hosting companies to provide the ability to accept credit cards, affordably, securely, and reliably and the design of payment processing solutions which seamlessly improve profitability.

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MasterCard to Participate in the J.P. Morgan Conference

The president and chief executive officer for MasterCard Incorporated is set to participate in the J.P. Morgan Global Technology, Media and Telecom Conference in Boston on May 17. For this, a listen-only live audio webcast will be accessible through the Investor Relations section of the MasterCard website at www.mastercard.com. An audio replay of the session will also be available for 30 days at the same website location.

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Pivotal Payments Expands Merchant Payment Processing

Pivotal Payments merchant services has officially penetrated the United Kingdom as a payment processing provider. A first as Pivotal Payments’ foray outside of North America, this development is integral to Pivotal Payments’ strategy to enhance its global presence as a merchant services provider. Pivotal Payments has already added over 300 UK merchants to their portfolio since March and is confident of achieving rapid growth in 2011 by providing a comprehensive suite of business solutions such as merchant accounts, debit and credit card processing, point-of-sale hardware and e-commerce services.

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Sinnad Inks connectivity Agreement with Tawasul Telecom

Sinnad third party card processing and ATM services and solutions provider has signed a network telecommunication services agreement with Tawasul Telecom, a regional MPLS services provider in the GCC. Sinnad is a Joint Venture company between Benefit and Network International – the region’s leading card payment solutions provider. Meanwhile, Tawasul Telecom provisioned IP based services across multiple borders in the Middle East Region.

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CredoRax Attending 2011 Internet World Expo

Credorax will present its integrated E-Commerce credit card Acquiring and Payment Processing solutions at the Internet World 2011 Expo in Earls Court in London on May 10. Internet sales make up over GBP100 billion of the UK economy, and credit processing is key to any online business. Credorax offers multi-currency, vertically integrated credit card Acquiring services along with a user-friendly and feature-rich Payment Gateway. CredoRax delivers supreme security with the use of world-class data centers, data encryption, PCI compliance, 3-D security, and a state-of-the-art fraud protection suite. In addition, CredoRax provides real-time reporting with interactive dashboards & mobile capabilities.

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Visa Posts 1Q/11 (FSL 2Q) of $881mm

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Visa’s fiscal second quarter 2011 ended March 31, 2011 saw a net income of $881 million and a net operating revenue $2.2 billion for a 15% increase since the year ago period. This was driven by strong double-digit growth in service revenues, data processing revenues and international transaction revenues. Payments volume…

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Visa Posts 1Q/11 (FSL 2Q) of $881mm

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Visa’s fiscal second quarter 2011 ended March 31, 2011 saw a net income of $881 million and a net operating revenue $2.2 billion for a 15% increase since the year ago period. This was driven by strong double-digit growth in service revenues, data processing revenues and international transaction revenues. Payments volume…

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First Annapolis Merchant Acquiring Appoints Principle

Scott Calliham has joined First Annapolis Consulting Merchant Acquiring as a Principal, bringing with him 15 years’ experience in payments. Most recently with Bank of America for the last seven years, Scott held various positions in both Payments and Strategy and Merchant Services. In Payments and Strategy, he was responsible for several projects focused on payments related initiatives across Bank of America’s Debit, Issuing, and Acquiring businesses. Additionally, Scott spent the last five years in Merchant Services at Bank of America holding multiple roles, including leading Corporate Strategy, Pricing and Portfolio Management, and Product Development and Support. Most recently, Scott was Executive Vice President of Bank of America Merchant Services with responsibility for Emerging Payments and Strategy. Scott was also employed with First Annapolis before Bank of America for the previous seven years. He holds a Bachelor’s Degree from San Jose State University and earned his MBA at Carnegie Mellon University.

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U.S. Bank Lands Amtrak Card Services

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] U.S. Bank has been awarded a contract by Amtrak to provide the national passenger rail service with purchasing and travel card services under the GSA “SmartPay 2” program. The contract is the first awarded under the GSA SmartPay 2 program since the 2008 government-wide re-competition. In that re-competition, U.S. Bank increased…

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