Allpoint Network Adds 7-Eleven ATMs

Allpoint Network has expanded its
surcharge-free ATM access by adding ATM locations at more than 5,500
7-Eleven stores to its portfolio. 7-Eleven joins other leading brands
such as Target, CVS, Walgreens, and Costco in featuring Allpoint Network
surcharge-free access. Allpoint, a division of Cardtronics, is “America’s Largest
Surcharge-Free ATM Network” with 32,000 ATMs in leading national and
regional merchant locations across the country.

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TD Retail Card Services Lands Card Deal

NJ-based TD Retail Card Services has acquired the private label credit
card program of InterTan Canada which operates under the banner of “The
Source By Circuit City.” TD Retail Card Services, formerly known as
Shoppers Charge Accounts, says it will add a customer loyalty program,
“Source Rewards,” to the Canadian under which cardholders will have the
opportunity to earn reward certificates. TD says it will also offer a
variety of special financing options, including three-, six- and
12-month deferred payment plans, as well as a 16-month deferred payment
plan during special promotions. According to CardFlash International,
the card will be distributed through 775 corporate stores and dealer
outlets throughout Canada and online. TD Retail Card Services is a
division of TD Banknorth.

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VeriFone’s Quarterly Revenues Climb 12%

VeriFone reported that its net revenue for the quarter ended July 31st
climbed 12% to nearly $259 million. The electronic payment solutions
company notes that international revenues increased 26%, but its North
America business decreased 6% during 2Q/08. During the quarter, VeriFone
was awarded a multi-year contract to provide the U.S. Postal Service
with electronic payment solutions including its “Vx 570” countertop
terminal for 18,000 to 20,000 customer windows. VeriFone also developed
an EMV certified integrated transportation payment system in conjunction
with Bank Asya of Turkey during the second quarter and Canada Post
selected VeriFone to install more than 7,000 “MX870” multimedia payment
systems over the next two years. Additionally, Cabcharge Australia
awarded VeriFone a multimillion dollar contract to supply 20,000 units
of the “Vx 810” full-function PIN entry system with contactless payment
module. For the next quarter ending October 31st, VeriFone expects to
record net revenues of between $260 and $268 million, compared to $238
million in the comparable period of 2007. For complete details on
VeriFone’s latest performance, visit CardData ([www.carddata.com](http://www.carddata.com)).

REVENUE HISTORICAL
2Q/05: $125.7 million
3Q/05: $130.5 million
4Q/05: $134.6 million
1Q/06: $142.2 million
2Q/06: $147.6 million
3Q/06: $156.6 million
4Q/06: $216.6 million
1Q/07: $217.2 million
2Q/07: $231.7 million
3Q/07: $216.9 million
4Q/07: $216.4 million
1Q/08: $185.5 million
2Q/08: $258.7 million
Source: CardData (www.carddata.com)

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IPayX Earns PCI DSS Certification

OH-based electronic billing provider Internet Payment Exchange (IPayX),
has received PCI DSS Version 1.1 certification. The PCI DSS, defined by
the PCI Security Council, includes comprehensive
requirements for security management, policies, procedures, network
architecture, software design and other critical protective measures in
order to prevent the misuse of consumer credit card information during
the payment process. IPayX provides desktop-based electronic billing
and payment (EBP) technology
solutions to healthcare providers, utility companies, municipal
governments and other organizations. IPayX Software as a Service (SaaS)
solutions include eCareview Patient Portal Service, ePayPoint Cash
Receipts Service, eInvoice Delivery Service and eInvoice Delivery
Service – B2B Edition.

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Bancorp Bank to Issue the Obopay MasterCard

Obopay, the pioneering service provider for payments via mobile phones, has partnered with The Bancorp Bank to issue prepaid payment cards linked to Obopay mobile payment accounts. The new MasterCards will be linked to Obopay mobile money accounts. In June, MasterCard and Obopay inked a partnership to offer a fully-integrated on-demand P2P mobile payment service in the USA. The new “MasterCard MoneySend” service will enable new and existing MasterCard issuing customers the ability to provide an innovative mobile payments service to their MasterCard cardholders on all credit, debit and prepaid MasterCard-branded products. Participants will use mobile numbers to send and receive funds, keeping their payment account numbers private. TowerGroup estimates that in the USA, adoption of consumer mobile banking has quintupled in the past 12 months from 1.1 million active users in 2007 to 5.7 million active users today. (CF Library 6/19/08)

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MATRA Systems Unveils a Solution Center

GA-based POS solution provider MATRA Systems has introduced the “FREEDOM
Solution Center”, an enterprise software solution that collects and
standardizes POS data. MATRA’s “FREEDOM Solution Center” allows for
critical strategic decisions based on incomplete or inconsistent
transaction data. It collects the data and securely
delivers it at near-real time speed to a retailer’s headquarters, for
use by applications such as data warehousing, loss prevention, CRM,
merchandise management, refund management, and many others. MATRA
Systems provides complete store system solutions and
services for general and specialty retail, grocery and amusement parks.

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GPN Invades the Russian Federation via UCS

Atlanta-based Global Payments has inked a deal to acquire Moscow-based ZAO United Card Service. UCS provides indirect
payment processing services to over 70 financial institutions and for over 2,500 ATMs in Russia. In December, UCS entered into a ten-year marketing alliance agreement with Rosbank, which provides UCS with Visa and MasterCard bank sponsorship. Rosbank, along with over 40 other financial institutions in the Russian Federation, also provides agent bank processing referrals to UCS under this agreement. Under the terms of the agreement, GPN will pay $120 million in cash to acquire UCS. According to CardFlash international, UCS produced $34.2 million in revenue last year with approximately one half of the revenues from the company’s direct acquiring operations.

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QIB VISA ELECTRON

With the assistance of TSYS’ PRIME suite of solutions, Qatar Islamic
Bank has deployed its EMV “Visa Electron” debit card. In doing so,
QIB added TSYS’ “PRIME Perso” value-added personalization system to form
an end-to-end solution for issuing EMV cards in-house. “PRIME Perso”
operates in conjunction with “PRIME Issuer” and is compliant with VSDC
and MasterCard M/Chip to provide personalization. The TSYS solution will
also underpin QIB’s future operations to issue “Visa Classic,” “Visa
Platinum” and “Visa Gold” credit cards later this year. QIB provides
banking services based on Islamic principles while TSYS provides outsou

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Versatile Card Earns MasterCard’s CQM

Secure card manufacturer Versatile Card Technology
has received the Card Quality Management (CQM) Certification from
MasterCard after completing a successful MasterCard audit. The CQM
audit is the final step in VCT being certified by MasterCard on
their new production line for contact, contactless, and dual-interface
EMV enabled smart cards. Versatile Card Technology is the largest US
manufacturer of plastic cards. With facilities in Turkey, Germany,
Mexico, Singapore, South America and India, VCT is also a globally
recognized leader in plastic card manufacturing. VCT produces cards for
every application and offers complete fulfillment services and turnkey
solutions.

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San Fran Firm Offers Consumer Credit Karma

San Francisco startup Credit Karma has introduced a service to provide
consumers with free and repeated access to a standard credit score. The
new service launch allows the consumer to track the same single credit
score used by most lenders to make credit decisions for free and at any
time, as oppose to having to $15 to $30 a month. The company has also
built a suite of online tools and simulators to help consumers
understand how specific behaviors such as opening or closing a line of
credit can improve this credit score over time. Credit Karma also helps
consumers learn how to leverage their score through Karma Offers, where
advertisers provide preferred pricing to individuals based on the
strength of their score.

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Transaction Wireless Names a New CEO

CA-based Transaction Wireless has hired Bruce Springer, previously with
BidShift as CEO and Thomas Niedbalski,previously with Stored Value
Solutions, as VP, sales and marketing. Springer was president
and CEO of BidShift, a SaaS company focused on healthcare staffing. and
founded and was managing director of GreenSpring Ventures, an early
stage venture capital firm. He served as co-founder, COO and EVP of
WebMD, an internet healthcare and transaction services business.
Niedbalski joined the Company from Stored Value
Solutions (SVS), one of the world’s leading providers of gift cards and
other card-based transaction programs, where as a vice president he was
responsible for developing the mass market sales channel, the SVS
Loyalty Program, as well as leading the partnership marketing team with
responsibility for customer expansion and market development. He
was also on the Blockbuster team that pioneered the first gift card and
developed the Blockbuster Rewards loyalty program.

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