New DT Research WebDT 400 Targets QSRs

Information appliance developer DT Research has released the “WebDT 400 series” of portable POS
devices designed for quick customer service applications, such as mobile order-taking, ticket scanning,
payment processing, as well as inventory management. The “WebDT 400” series are the first handheld devices to include a fully-integrated MSR, RFID
and/or barcode scanner. The “WebDT 400” devices can help companies ‘do
more with less’ by improving customer service with fewer employees and
reduce costs by streamlining business processes and series offers the only handheld POS devices that include
built-in remote management software. The “WebDT Device Manager” simplifies
the management of multiple devices, especially useful for large
deployments, such as in retail, restaurants, hotels, and entertainment.

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Toys”R”Us Offers Discounts to KB Toys Cardholders

Toys”R”Us announced a “Gift Card Exchange Program” for the holders of KB Toys gift cards to exchange the gift card
for a coupon valid for 15% off any one toy item at Toys”R”Us. Due to a recent bankruptcy filing, KB Toys announced that it is no longer accepting
its gift cards at KB Toys stores. The gift card exchange can be made at Toys”R”Us stores’ Guest Service Center. KB Toys Gift Cards must be surrendered at time of purchase and only
one 15% Toys”R”Us coupon will be granted per gift card surrendered.

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NFC Pilot for Fleet Fuel Cards is Launched

C-store chain Sheetz, fuel card provider Wright Express and NFC specialist ViVOtech have launched a multi-city NFC pilot this month. Drivers will be able to download over-the-air a fleet card into their specially-enabled NFC mobile phones. They will then be able to purchase fuel at the contactless payment readers installed in more than 350 participating Sheetz locations throughout Pennsylvania, Virginia, Maryland, West Virginia, Ohio and North Carolina. Drivers participating in the pilot are part of Sheetz “Business Advantage” fleet program.
It is the first real-time card e.Wallet for mobile phones test. To-date ViVOtech has shipped over 450,000 contactless/NFC terminals to more than 33 countries worldwide. Wright Express charge cards are used by commercial and government fleets to purchase fuel and maintenance services for approximately 4.5 million vehicles.

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Consumer & Merchant Fees Drive Card Income

U.S. credit card issuers produced an estimated $169.0 billion in total pre-tax income last year, a 5.6% increase over 2007. Interest income of $101.4 billion was up 4.4% as fee income of $67.6 billion rose 7.3%, compared to the prior year. Penalty fee income is expected to hit $19.0 billion, while the largest category of fee income, interchange income, should come in around $39.1 billion. According to R.K. Hammer, other fee income for 2008 will include cash advance fee income of $5.8 billion, annual fees income of $3.0 billion, and fee income from enhancements of $700 million. Hammer say 86% of the $19.0 billion in total penalty fees is for late fees with the remaining 14% representing over-limit fees, NSF fees, currency conversion, etc.). R.K. Hammer is a global credit card consultancy, specializing in card portfolio sales and valuation.

PENALTY FEES HISTORICAL
2003: $11.7 billion
2004: $14.8 billion
2005: $16.4 billion
2006: $17.1 billion
2007: $18.1 billion
2008: $19.0 billion
Source: R.K. Hammer

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Accertify Interceptas and Litle Platform Integrate

Card fraud solution provider Accertify and payment processor Litle & Co. have partnered to integrate
Accertify’s “Interceptas” platform with Litle’s payments platform.
Interceptas provides merchants with a fraud-fighting workbench that incorporates all the features and services
required to effectively combat card-not-present fraud. Developed with a
flexible data-management foundation, “Interceptas” can be quickly
implemented, easily customized and empowers end-users to take control of
their fraud prevention efforts. This integration gives Litle
& Co.’s customers greater flexibility in preventing and managing credit
card fraud. Litle processes and manages card-not-present and alternative payments
for direct-to-consumer brands. Its platform is specifically
engineered to meet the needs of companies in catalog, internet and
multichannel retail, direct response and online services to help
increase revenue and processing operational efficiencies.

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Heartland Launches Check Management System

Heartland Payment Systems and payment processor transmodus have teamed
to launch a Service Oriented Architecture (SOA) based check management
system.
SOA integrates high-volume-oriented electronic payment services into
vertical business applications and POS software packages
unifying front- and back-office functionalities into one platform. It
enables providers of business management software – including vertical
application providers, integrators, VARs and software providers with
high processing volumes to include check management services in
their existing application interface menus. This technology platform
integrates a complete bank-neutral check management solution from
remote deposit capture through the recovery of bounced checks.

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HYC EXEC

Hypercom has appointed Stuart Taylor to the position of VP, Global Marketing. Taylor is responsible for all aspects of the Company’s marketing activities, Hypercom’s Global Solutions business unit and global strategic relationships. Taylor brings to Hypercom more than 20 years of international marketing and business development experience in the electronic payment and ATM industries. For the past four years he has provided general management, business development, marketing and product strategy consulting services to a wide range of Fortune 500 companies and payment and security technology start-ups and has provided payment industry analysis to many Wall Street investment firms. Taylor served at VeriFone Inc. from 1996 to 2004 in leadership roles including Vice President and General Manager, Global Marketing; Director, Emerging Markets and Business Development; and Director, Product Management and Marketing. Taylor holds a Masters in Business Administration from Herriot-Watt University, Edinburgh Graduate School of Business.

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OCT DEBIT

Debit card EFT/POS volume remained strong in October growing at a per annum growth rate of 16%, compared to 15% one-year ago. During October, Australian consumers used debit cards for A$10.8 billion in transactions, the second highest in history. The peak took place in December 2007 when A$11.0 billion in transactions was recorded. Over the past five years debit card volume has grown 69%. During October, Australians used debit cards for A$8.8 billion in purchases with 134.6 million transactions. Total EFT/POS transactions were 153.8 million for October according to the Reserve Bank of Australia. There were 28.6 million debit card accounts in the country at the end of October, compared to 27.4 million one-year ago.

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OBERTHUR PLANTS

Oberthur Technologies is transferring its card manufacturing operation in Los Angeles to an expanded facility in Exton, Pennsylvania. The Los Angeles facility will cease card manufacturing by the end of March. However, Oberthur says it will use the facility in Los Angeles to increase its card personalization capabilities. The Los Angeles card manufacturing operation focused primarily on secure conventional payment cards. The Exton facility currently manufactures a full suite of secure conventional and microprocessor (smart card) payment and identification cards including contact payment cards in the Americas as well as contactless payment cards. The Exton facility, in southeast Pennsylvania, recently completed a $15 million expansion plan.

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HYPERCOM HRKS

Hypercom has unveiled the industry’s first standards-based remote key injection product that allows retailers to initiate on-site, in store payment terminal key injection at the POS. The new “HyperSafe Remote Key System” eliminates the need for off-site secure room key injections by incorporating “PKI” to securely distribute symmetric “3DES” keys. The system incorporates a Futurex “Excrypt KMS9000” key management server with specific functionality developed for Hypercom. The system is “X509,” “FIPS 140-2 Level 3” and “PCI DSS” compliant and meets “ANSI x9.24” and Visa “PIN Security Guidelines” for remote key management. Hypercom’s “HRKS” is available now with the “Optimum L4150” and “L4250” multi-lane terminals as well as later versions of the “Optimum L4100.”

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