Epson announced that four additional divisions of Goodwill Industries have selected the its “TM-H6000II” multifunction printer with “TransScan” digital check imaging and PC America’s “Cash Register Express” software as part of a 100-store, 300-register rollout. Cash Register Express is a POS solution that provides fast checkout, back office functionality, purchase orders, warehouse distribution, gift cards, and store credits, synchronized in real-time over the Internet for up-to-the-minute information and provides customers with receipts for tax purposes. Cash Register Express is a provider of point of sale system to replace cash registers in retail stores.Details
IL-based Abanco has expanded its integrated partner solutions by announcing the payment industry’s first and most complete payments addition to the “Microsoft Retail Management System”. The Abanco Plug-in is a Windows(R) service with a host-based system; certified for multiple connectivity methods that improves the RMS application’s performance ability to expand from one payment processor to seven and includes a dial backup functionality for merchants for unexpected Internet connection interruptions.Details
Western Union has signed an exclusive global agreement with Travelex. Travelex locations will now only offer the “Western Union Money Transfer” service, making it available at 650 of their 700 retail locations in city centres and across 97 airports worldwide. Travelex serves over 29 million customers in 20 countries each year.Details
FreeStar Technology’ Helsinki-based subsidiary Rahaxi has entered into a
sales and referral agreement with Tasmaprojekti Information Systems. The agreement will expand Rahaxi Processing’s footprint in the
Finnish market for its wide variety of international standard products
and services, such as the newly developed Rahaxi-OTI (Open Terminal
Interface) middleware solution. Rahaxi currently processes in excess of
1.3 million card payments per month. Over 600 companies in Finland use Tasmaprojekti Information Systems Oy.’s software and software components in their own POS and cash management systems.
Bank of Hawaii has renewed its relationship with the STAR Network for PIN-secured debit services. Bank of Hawaii is the largest independent financial institution in the state of Hawaii. PA-based Fulton Financial has also renewed STAR Network as its primary ATM/debit network. The STAR Network is now the primary network for ATM and PIN-secured debit access for Fulton Financial’s approximately 250,000 ATM and debit cards. First Data will also continue providing ATM processing services for all of Fulton Financial Corporation’s 235 ATMs.Details
U.S. Bancorp reported that its fourth quarter merchant acquiring volume grew more than 9% over 4Q/04 to $43.6 billion, produced from more than 712,000 merchants. Debit card volume surged by 20% and corporate credit card volume increased 21% during 4Q/05, compared to one-year ago. Debit card volume was $6.661 billion for the fourth quarter compared to $5.548 billion for 4Q/04. Consumer credit card volume for the quarter was $9.207 billion, up 5.3% over 4Q/04. Corporate credit card volume was $7.102 billion, compared to $5.871 billion for the year-ago quarter. For the quarter, U.S. Bancorp’s Payment Services net income was down about 8% to $166 million due to increased bankruptcy filings. For complete details on US Bancorp’s 4Q/05 performance, visit CardData ([www.carddata.com]).
MERCHANT ACQUIRING VOLUME HISTORICAL
Source: CardData (www.carddata.com)
Hypercom introduced two new multi-lane “Optimum” payment terminals, the “L4200” and higher-resolution “L4250” with signature capture capabilities. The new Optimum L4200 multi-lane “Optimum” payment terminals, the “L4200” and higher-resolution “L4250” with signature capture capabilities offer lower-cost alternatives to the full-color Optimum L4100 released last year. The new models provide an out-of-the-box, plug-and-play capability that meets PCI PED and Interac security requirements without add-on components, simplifying deployment and ensuring compliance with the industry’s new security requirements.Details
Parkeon, f/k/a Schlumberger e-City, says the New York City Department of Transportation is using 260 Parkeon pay and display parking meters equipped to accept payment cards for a six-month pilot. Each “Muni-Meter” in the study area has been upgraded with the installation of a wireless data network modem and software that connects the meters to Parkeon’s “EPSUM Payment Server” that processes and authorizes credit card payments in real-time. They have also been outfitted with instructional decals and fliers are being distributed to educate the public about the new payment alternative. Parkeon says in the past 18 months, a number of other major U.S. cities have installed pay and display machines with credit card payment facilities and have seen parking revenues increase by up to 40%, on a like-for-like basis. In some cases, up to 60% of all transactions are being completed with credit cards. The NYC pilot launched November 21st. Last year the City introduced 1,100 single space parking meters in Brooklyn, Manhattan and Queens with the capability to accept payments made with the NYC “Pre-Paid Parking Card.” (CF Library 11/18/05)Details
Florida-based Morgan Beaumont, Bostrom International Group and Diversified Data Management have finalized an agreement to offer Morgan Beaumont “Prestige Payroll Cards to all of DDM’s clients’ 35,000 employees. Morgan Beaumont’s Prestige Payroll Card is a PIN-based and signature Visa branded prepaid debit card that can be loaded with funds via employer payroll direct deposit. The card can be used to access those funds at ATM machines worldwide and anywhere Visa debit cards are accepted. BIG is an insurance and business consultancy offering innovative enterprise solutions including health benefits programs and employer payroll cards. DDM Payroll Systems is a payroll preparation service designed to meet the needs of small to medium sized businesses.Details