U.K.-based Aconite has acquired NY-based Smart Commerce, a smart card solutions provider focused on the Canadian and American markets. The Company says the deal will accelerate plans to actively develop new business in North and South America. Mansour Karimzadeh, President of SCI, will head up the Aconite Americas business as SVP. Aconite recently signed a deal with First Data. The partnership governs the integration of Aconite’s “EMV Script Processor” into FDC’s “VisionPLUS” one-source global solution for all credit cards, lending and processing activities with initial implementation at First Data’s EMEA processing center in Basildon.Details
San Antonio-based Payment Data Systems has closed a transaction to sell the domain name and trademark of bills.com to San Francisco-based Freedom Financial Network for $950,000 in cash. The deal also included the building of a private labeled bill payment site for FFN and provide related online payment processing services for an initial term of three years. Payment Data is also the owner of the electronic bill payment portal, .Details
Dallas-based La Quinta has launched a gift card program. Gift cards are available for purchase in $25 or $50 denominations exclusively online at LQ.com or Baymontinns.com. The cards never expire and have no service or administration fee. Gift cards pre-ordered now will be shipped free via Fedex 2nd Day Delivery on December 20th to ensure arrival in time for the holidays. Cardholders can make a reservation online and then present the gift card at the front desk during check-in. La Quinta Corporation is one of the largest owner/operators of limited-service hotels in the United States.Details
Aviacsa Airlines is the latest airline to accept all UATP
cards, issued by 14 airlines worldwide to their corporate customers; and
accepted by more than 220 airlines and major travel agencies. Aviacsa will
accept UATP through travel agencies worldwide. Aviacsa offers the
AviacPass, Aviacsa’s frequent flyer program that gives one free ticket for
every five purchased, and the ASI program, an all inclusive service to
select destinations offered by Aviacsa. Aviacsa offers 25 domestic and
international flights. UATP accounts are accepted as a form of payment
for corporate business travel by more than 220 airlines worldwide.
Atlanta-based Certegy has confirmed the abrupt resignation of board member and long-time payment card industry veteran Chuck Doyle. Doyle has been on the Certegy board since June 2001 and was a member of the Audit Committee. Certegy says Doyle affirmed his support for the merger with Fidelity National but he is not among the Certegy directors designated to serve as a director of the new company. Certegy says he resigned for personal reasons. Doyle is Chairman of the Board of Texas First Bank and Chairman and CEO of Texas Independent Bancshares. He also serves as a director of VISA USA, VISA International, and Inovant. Certegy and Fidelity National inked a deal to merge in September in a tax-free, stock-for-stock exchange. The name of the combined company will become Fidelity National Information Services, Inc. and it will trade on the NYSE under the trading symbol “FIS.” The headquarters for the combined company will be in Jacksonville, Florida. FNF Chairman and CEO William Foley will also serve as Chairman. FNF CFO Alan Stinson will become EVP/CFO of the new FIS. (CF Library 9/16/05)Details
Everyday Celebrations, d/b/a Celebrations by Lillian Vernon, has chosen Pennsylvania-based Ecounts’ prepaid VISA cards over checks to pay independent consultants. The Ecount 100% Solution significantly reduces the cost and hassle associated with payments, while providing representative networks with several payment options. All representatives are provided with online account details, email and text message notifications, 1099 reporting and extensive customer service support. The 100% Solution works with any current accounting software. Ecount is a prepaid solutions provider. Celebrations by Lillian Vernon markets products directly to customers through independent sales consultants and hostesses in home parties.Details
FreeStar Technology announced that its Helsinki-based Rahaxi Processing
Oy. Subsidiary has launched “Rahaxi-OTI” (Open Terminal Interface), an
in-house developed and managed middleware solution for Point Of Sale
equipment vendors. The OTI software will be marketed through channel
partners, such as POS suppliers and retail system integrators. Rahaxi-OTI
uses PKI infrastructure for secure authentication and for the encryption
of messages. FreeStar Technology Corp. is a payment processing company.
Its wholly owned subsidiary Rahaxi Processing Oy., provides a Northern
European BASE24 credit card processing platform and currently processes in
excess of 1 million card payments per month.
California employers will now be able to pay payroll tax deposits by credit card. The deposits will be effective on the date of the credit card transaction. OPC announced in September a deal to process electronic employer payroll tax deposits for California. The deal covers unemployment insurance, disability insurance and withholding taxes. OPC has processed a variety of business and individual electronic tax payments in the state since 1999. The California Employment Development Department works with over one million California employers to collect payroll taxes and employment records for more than 17 million California workers. The ED handles about $27 billion in employer tax payments. OPC currently provides electronic payment services for the IRS, 25 states, the District of Columbia and more than 1,800 local government clients nationwide. (CF Library 9/6/05)Details
Tokyo-based JCB is expanding its women-oriented credit cards with the special launch of the “JCB LINDA Sweet” card according to today’s issue of CardFlash International. Only 20,000 of the aromatic cards will be issued with applications to be accepted on December 10th. More than 500,000 “JCB LINDA” women-oriented cards have been issued since the card’s launch in 2002. The “LINDA” concept is backed by the LINDA League, an alliance of product and service providers that supports women seeking a more beautiful lifestyle. In addition to the scented “JCB LINDA Sweet Card,” three new card designs will be released next spring. The new designs are being selected by “JCB LINDA” cardholders and others who visit the LINDA web site or call an automated telephone system to vote for their three favorite designs from a field of nine. JCB has 55.14 million cardholders worldwide.Details
The Source by Circuit City, CompuSmart and La Senza are now offering the
Interac Online service, a payment option that allows consumers to pay
for goods and services on the Internet directly from their bank account.
The payment option, which works with the consumer’s
financial institution’s Web banking service, is currently offered to
customers of RBC Royal Bank, Scotiabank and TD Canada Trust.
The service is also available on the websites of other organizations,
such as The Canadian Red Cross Society. The first payment provider in
Canada to offer the Interac Online service to merchants is Moneris
Solutions Corporation. Acxsys Corporation specializes in the development
and operation of new payment service opportunities as well as
consulting and management services in the field of electronic payments.
Moneris offers leading-edge electronic loyalty and gift card programs.
Metavante’s NYCE reports that cross-border debit with Canada has topped one million transactions since its inception more than one-year ago, totaling $57.6 million. With NYCE Cross-Border Debit, consumers are able to use debit cards issued by Canadian financial institutions at NYCE retailers in the U.S. Supermarkets accounted for nearly half of Cross-Border Debit transactions. Nearly 14.5 million debit cards issued by Canadian financial institutions can be used at the more than one million U.S. retailer locations that accept NYCE. While NYCE Network transactions initiated by U.S. cardholders averaged about $46 USD during the first 12 months of the service, Canadian cardholders topped the U.S. figure every month, posting a per-transaction average of $62 USD. Florida proved the favorite destination for Canadian shoppers using Cross-Border Debit, with New York, Washington, California and Michigan rounding out the top five. The NYCE Network provides 2,200 financial institutions, retailers and independent ATM deployers with shared network services for ATMs, POS, A2A transfers and direct bill payment.Details
Citigroup’s Diners Club is now enabling cardholders to book free travel through any online travel service, any travel agent or even directly with the travel provider under the “Tailored Travel” program which values “Club Rewards” points at 1.25 cents per mile. Once Cardmembers have made their travel arrangements and charges are posted to their personal Diners Club account, Diners Club will issue a credit upon the Cardmember’s request for the number of points needed or available for redemption. To calculate the number of points needed for Tailored Travel, Diners Club values 100 Club Rewards points at $1.25, which means that a $250 airline ticket requires 20,000 points. The Diners Club Card is currently issued in more than 65 local currencies around the world.Details