Ituit App for iPad Now Available in App Store

Intuit’s iPad-optimized “GoPayment” mobile payment app is now available on the App Store, allowing anyone who sells a product or service to receive payment on the spot with credit card processing. This makes mobile payments easier with a new layout that takes full advantage of iPad’s large display and Multi-Touch interface. Users can also add product photos, making it easier to find a product and complete a sale. The “GoPayment” application also lets users create orders on one screen and review past transactions in one spot.

Details

WOLFGANG PUCK GROUP Implements SHIFT4 PAYMENT GATEWAY

The Wolfgang Puck Fine Dining Group (WPFDG) signed Shift4 card-present payment gateway to process its credit card transactions at seven of its locations, including the iconic Spago restaurants in Beverly Hills, Las Vegas, and Maui. Shift4’s “DOLLARS ON THE NET” allows WPFDG customers the highest level of security as their credit card numbers are now protected by Shift4’s TrueTokenization. This industry-leading technology turns customer card data into an alphanumeric value, meaningless outside of Shift4’s secure, redundant, PCI-compliant data centers. The tokens generated and stored by Shift4 keep WPFDG from having to store sensitive cardholder data and simplifies their compliance with the PCI DSS.

Details

FISERV Launches Enhanced Rewards & Loyalty Points

Fiserv financial services technology solutions enhanced features and capabilities on its “Relationship Rewards” for Premier bank platform. Offering flexible incentives to recognize and reward a customer’s entire banking relationship, “Relationship Rewards” is focal on helping its clients absorb the impact and adjust to the new financial regulations. In doing so, it seeks to cultivate customer loyalty by rewarding bank customers. With this, banks can choose how to reward profitable customer behaviors, relationships and activities, criteria of which include product relationships, balances, electronic statement delivery, mobile banking, bill payment, direct deposit, point of sale transactions and more.

Details

Access to Money to Offer MoneyPass ATM Access

Access to Money-a non-bank operators of ATMs- has partnered with MoneyPass to provide surcharge free access on its ATMs located in Kangaroo Express convenience stores and Dunkin Donuts. The desire for surcharge free ATMs used to primarily be driven by financial institutions, but is now increasingly important to a variety of card issuers include prepaid, tax refund and government as well as merchants and retailers. Access to Money understands the value that the MoneyPass surcharge free ATM network brings to its retail locations and the consumers visiting those locations. MoneyPass has over 50 million cardholders and nearly 20,000 ATMs nationwide while Access to Money non-bank operators of ATMs operates 10,700 terminals under contract across the Country.

Details

Central Payment Kicksoff Certification Program

Central Payment is implementing its payment processing industry first training and certification program. The CPAY policy requires that all new members of the sales team pass their first training course before signing even a single client. Sales partners must obtain full certification by the time they have acquired 10 customers for the Company. CPAY currently has more than 700 sales partners and hopes to have them all certified by June 1, 2011. Central Payment had revenues in excess of $50 million in 2010 and has a growing national customer base of more than 38,000 merchants.

Details

GeniusWave announces Location Finder for Travel Cards

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] GeniusWave announces Location Finder for Travel Cards. The new version of the travel and utility mobile app is a break-through to help travelers find hotels, restaurants, stores, car rentals, and other businesses that participate in their programs. The new Location Finder uses the phone’s GPS functionality to give a list of…

Details

TSYS to Present at Card Forum & Expo

TSYS is set to present at the 23rd Annual Card Forum & Expo with its director of prepaid for TSYS Merchant Solutions at the helm from April 27-29. Its session titled “Prepaid Programs for Commercial Clients” will provide an in-depth view of how Bank of Oklahoma as a prime example of how it used prepaid solutions to build out and support its commercial programs. The Card Forum & Expo will feature a program covering a wide variety of topics from credit, debit and prepaid, to growth strategies and overcoming market challenges.

Details

iPayment Commences Senior Notes Offering

iPayment plans to offer $375 million in aggregate principal amount of Senior Notes due 2018 and that its parent, iPayment Holdings, plans to offer 150,000 units. These consist of $150 million in aggregate principal amount of Senior Notes due 2018 and 150,000 warrants to purchase common stock of Holdings. The net proceeds from the offering of the Notes and the Units, together with borrowings under the Company’s proposed new senior secured credit facilities, will be used to (i) permanently repay all of the outstanding indebtedness under the Company’s existing senior secured credit facilities. iPayment is a provider of credit and debit card-based payment processing services to approximately 130,000 small merchants across the United States.

Details

3i Infotech-Framework signs Media Development

Media Development Loan Fund (MDLF) has selected 3i Infotech-“Framework” to support its administration of its global loan portfolio and investors. Framework is a fully integrated, end-to-end software solution for the private equity industry. MDLF is a mission-driven investment fund that provides low-cost capital – loans and equity investments – and technical know-how to independent news outlets in countries without a free press. Working in Africa, Asia, Latin America, Southeast Europe and the CIS, MDLF helps journalists in challenging environments build sustainable businesses around professional, responsible, quality journalism.

Details

US Saw 2010 mPayment Adoption Up Nearly 100% Y/Y

mopay payment solutions for online merchants saw unprecedented North American mobile adoption rates in 2010 with conversion rates almost doubling within one year, helping bridge the divide between leading regions Asia and Europe. mopay attributes this rapid growth to improved carrier agreements, easier integration, optimized usability and growing general acceptance amongst consumers. The company analyzed significant data from its international mobile payments platform and based this conclusion on conversion rates, transaction values and transaction numbers accumulated in more than 80 countries. Mobile payments work best within a value of USD $2.50 and $10.00. Global merchants have independently established a sweet spot of their mobile payment offers of around $8.00. Only three percent of all offers ranged below a value of $2.50 and two percent exceeded a value of $14.00. The Company’s findings also shows consumers regularly spend up to $50.00 per month using mobile payments.

Details

Oregon Employee Federal Credit Union Joins doxo Network

Oregon Employees Federal Credit Union (OEFCU) is now on the doxo network, allowing members a way to receive their statements directly from OEFCU paperlessly. This also gives members access to a free digital file cabinet to organize household accounts and securely store copies of their most important documents. doxo provides OEFCU members a secure place to organize and store digital copies of important documents that they would normally keep in a safety deposit box – including tax documents, insurance policies, house or car titles, wills, trusts, birth and marriage certificates.

Details

Inversiones Platco Deploys Hypercom Encryption

Hypercom announced that Inversiones Platco electronic payment network will immediately make available Hypercom’s EFTSec P2P payment data encryption protection to member banks and more than 46,000 merchant customers. EFTSec encrypts cardholder data during transaction processing, starting at the payment terminal and ending at a trusted point where the data is decrypted. EFTSec is the industry standard for payment terminal initiated link encryption in Asia and is used by major banks with combined assets of nearly US$200 billion, and is licensed to and implemented by several major terminal manufacturers in Asia.

Details