Euronet Worldwide Revenues Edges Downward

Euronet Worldwide posted fourth quarter revenues of $255.7 million,
down slightly from 4Q/07. However, a net loss of $201.8 million,
compared to net income $19.6 million for the year ago period.
The EFT Processing Segment reported revenues of $50.3 million, compared
to $49.8 million for the fourth quarter 2007. Transactions of 184.9
million, compared to 169.8 million for the fourth quarter 2007. The EFT
Processing Segment ended 2008 with 10,128 ATMs operated compared to
11,347 ATMs at the end of 2007. The Prepaid Processing Segment reported
revenues of $145.4 million for the fourth quarter, compared to $155.4
million for 4Q/07. Transactions were 195.9 million for 4Q/08, compared
to 172.7 million for the fourth quarter 2007. The Prepaid Processing
Segment processes electronic point-of-sale prepaid transactions at
approximately 430,000 POS terminals across approximately 223,000
retailer locations in Europe, Asia Pacific and the U.S. For complete
details on Euronet’s fourth quarter results visit CardData
([www.carddata.com](http://www.carddata.com)).

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Chase Unveils First Watch Intelligence

Chase Card Services has recently received a patent from the USPTO for
its breakthrough fraud prevention technology, “First Watch
Intelligence.” Chase says the new technology monitors 40 factors that
indicate potential fraud. “First Watch Intelligence” creates an
automated system for evaluating those fraud factors, which in turn
enables Chase analysts to detect fraud more efficiently and effectively.

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ADS Inks Haband to a Long-Term Deal

Loyalty program marketer Alliance Data Systems has signed a long term
contract with NJ-based retailer Haband. Alliance Data will provide
Haband with a comprehensive set of private label credit card services,
including
account acquisition and activation; receivables funding; card
authorization; private label credit card issuance; statement generation;
remittance processing; customer service functions; and marketing
services and will partner with Haband to develop a loyalty rewards
component tied to the private label credit card program to incent and
reward cardholders, and better engage customers with the Haband brand.
Haband offers more than 5 million customers men’s and women’s apparel
and home goods via
catalog and online, and targets consumers 50 years and older, the
fastest-growing and most affluent purchasing demographic.

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Heartland Payment Systems Volume Rises 23%

Heartland Payment Systems reports total fourth quarter transaction
processing volume of $16.5 billion, up 23% year-on-year. Net revenues in
the fourth quarter were $100.1 million, an increase of 31.3%.
Transaction processing volume and net revenue growth were limited by the
general slowdown in economic activity in the fourth quarter, including a
6.8% decline in same store sales. The operating margin on net revenue
was 13.9% in the fourth quarter, reflecting the effect on margins from
the Network Services acquisition, its ongoing investment in growth
initiatives such as campus cards, micropayment solutions, and check
products, the integration of American Express and Discover, and the
unprecedented weakness in same store sales. HPY says the biggest
challenge in 2009 will arise from the system breach it suffered late
last year. There are two main components to the challenge: addressing
claims that cardholders, card issuers, the Brands, regulators, and
others have asserted, or may assert, against the company arising out of the
breach and managing the potential impact of the breach on the day-to-day
operations of its business. For complete details on Heartland Payment
Systems’ fourth quarter results visit CardData (www.carddata.com).

HEARTLAND PAYMENT SYSTEMS REVENUES
4Q/07: $342 million
1Q/08: $340 million
2Q/08: $395 million
3Q/08: $425 million
4Q/08: $386 million
Source: CardData (http://www.carddata.com)

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Direct Insite is PCI Certified

E-payment service provider Direct Insite has achieved the
Payment Card Industry Data Security Standard certification.
Direct Insite provides electronic invoicing and workflow solutions
that streamline processes and reduce costs within Accounts Payable and
Accounts Receivable operations. The Company’s e-Invoice management
services automate manual paper processes such as invoice receipt,
invoice validation, order matching, approval workflow, dispute handling,
and e-payment.

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TransCard Offers PF Management Tool

Prepaid card provider TransCard has launched the
online “Personal Financial Management” tool free to cardholders. From
setting up personal spending reports to monitoring one’s net
worth, cardholders now have a highly advanced, unique way to track their
money—and much more. The following features are just a few the Personal
Financial Management tool offers to keep more cash in cardholders’
wallets and help put their minds at ease: budgets that help plan where
to spend and save money; money management that provides easy-to-read
information about cardholders’ spending habits; custom alters to
cardholders when they spend too much and use
money outside of their planned budget or shop at a specific store;
multiple account access that combines all cardholders’ accounts, from
credit cards to savings accounts to credit union accounts, all in one
location; customized widgets that adds information cardholders’ check
daily onto the first page of their account, providing easy organization
and prioritization of financial needs and online safety deposit
box—Provides cardholders with an eVault to store valuable documents,
such as mortgages or loans.

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LocatorSearch Powers Technology CU

CA-based Technology Credit Union has partnered with NY-based
LocatorSearch to enable TECH CU members to locate surcharge-free ATMs
using a GPS device. Tech CU is a member of the Allpoint and CO-OP ATM
networks and provides surcharge-free ATM access to their membership at
more than 60,000 locations nationwide, including Target, Costco and
7-Eleven stores, Walgreens, CVS and Rite-Aid Pharmacies, and Exxon and
Chevron gas stations. To access the ATM locator service, Tech CU members
can download a Tech CU GPS Points of Interest (POI) file directly from
the Tech CU ATM location finder. A “GPS
Download” button is available at the top of every processed search
request and the appropriate GPS POI can be downloaded for several
supported GPS device types.

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Discover Unveils Current Card For Teens

Discover Financial Services has introduced a debit card for teens. The
new “Current” card by Discover eliminates the risk of overdraft fees and
offers members-only in-store coupons and online discounts at hundreds of
merchants. The new card is also offered in
seven designs. Parents can deposit funds directly onto their teen’s
“Current by Discover Card” at no cost from their credit card, bank
account or through recurring deposits. Spending activity is easy for
parents to track online at the “Current Account Center” and through
e-mail and text message alerts. Cardholders pay a $5 monthly charge for
each card, or save $10 by paying an annual fee of $50. Fees include four
free ATM withdrawals per card per month.

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Cardtronics’ 4Q/08 Revenues Edges Upward

Houston-based Cardtronics reported that fourth quarter revenues rose 2%
to $118.2 million. At the end of the year the Company was processing
transactions for over 26,700 ATMs. Fourth quarter revenues were
primarily driven by a 4% increase in the number of operating ATMs due to
growth in the U.K. and Mexico ATM fleets, incremental revenues from
agreements signed in late 2007 under the Company’s bank branding and
surcharge-free network programs, and higher equipment sales and
check cashing revenues, all of which were partially offset by the
effects of changes in foreign currency exchange rates. Excluding
unfavorable foreign currency exchange rate movements during the fourth
quarter of 2008, the year-over-year revenue increase would have been
approximately 7%. For complete details on Cardtronics’ fourth quarter
results visit CardData ([www.carddata.com](http://www.carddata.com)).

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Consumer Confidence Index Sinks to New Low

The Conference Board “Consumer Confidence Index” slipped to another
all-time low. The “Index” had decreased moderately in January, declined
again in February. The Index now stands at 25.0, down from 37.4 in
January. The “Present Situation Index” declined to 21.2 from 29.7 last
month. The “Expectations Index” decreased to 27.5 from 42.5 in January.
Consumers’ appraisal of overall current conditions, which was already
bleak, worsened further. Those claiming business conditions are “bad”
rose to 51.1% from 47.9%, while those saying business conditions are
“good” edged up to 6.8% from 6.5% last month. Consumers’ assessment of
the labor market turned considerably more pessimistic in February.
The “Consumer Confidence Survey” is based on a representative sample of
5,000 U.S. households.

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USAT Targets ePort in the Coffee Business

USA Technologies and its cashless “ePort” technologies is making inroads
into the coffee vending industry. The company is launching the “ePort”
terminal and “ePort Connect” Service
in the office coffee market, targeting innovative self-serve coffee
brewers that allow office workers to purchase freshly brewed coffee with
credit and debit cards. Earlier this year two major global companies,
Merit Industries and AIR-serv, began installing “ePort” in their
locations in order to add
greater consumer convenience by offering cashless payment, and in
addition, to gain real time web-based access to operational data via the
ePort Connect Service. Merit Industries over the next three years
intends to install ePort in
thousands of its new Megatouch Touchscreen Entertainment Systems. Over
the next two years, AIR-serv plans to install thousands of “ePort”
cashless transaction terminals in its coin-operated tire inflation and
vacuuming machines at gas stations and convenience stores. The “ePort
Connect” service has been adapted to POS terminals in the
vending, kiosks, laundry, transportation, parking, toll booth, photo and
video kiosks, hotel business centers and a variety of other commercial
markets, in the US, Canada, and abroad.

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