Dallas-based BillMatrix Corp. and the STAR network have launched a full-scale pilot to test the processing of utility bill payments made over the Internet. The pilot test represents the first time the convenience of using an ATM/debit card to pay utility bills has been extended to the Internet. Arizona Public Service is the first utility customer providing this convenience to its customers through this pilot, which is expected to be expanded to customers of other utilities in the West later this year. From a participating utility company’s Web site, a customer chooses the online bill payment function, and selects the STAR debit option to make a payment. BillMatrix then routes the transaction to STAR for processing and settlement. The STAR pilot test is an extension of the telephone payment services offered by BillMatrix to utilities and processed by STAR for the past three years.Details
Hypercom announced that Sweden’s nationalized pharmacy chain, Apoteket, has purchased 3600 Hypercom ‘HFT 117’ card payment terminals to be installed throughout this country. The new devices allow consumers for the first time to pay for medical supplies using either their credit or debit cards. Hypercom’s ‘HFT 117’ is a combined POS terminal and PIN pad. Designed for cardholder operation, it addresses the consumer’s increasing desire to control handling of their payment card. Customers can enter their PIN numbers to verify transactions. Accepting all local and international credit and debit cards, the HFT 117 connects to in-store cash register systems, allowing transaction details to be sent automatically to the payment terminal and eliminating dual keying of details. Apoteket controls, distributes and sells medicine and drugs through 900 shops all over Sweden, serving 60 million customers, and generating revenues of US$2.6 billion.Details
VeriSign, Inc., the leading provider of Internet trust services, announced the introduction of a new range of Wireless Payment Services, allowing mobile users, merchants, carriers, financial institutions and enterprises to conduct payment transactions over the wireless Internet. VeriSign’s new Wireless Payment Services include a managed payment gateway for WAP servers; network-based profile management to simplify the user purchase experience and facilitate authenticated payments; and wireless point-of-sale solutions which transform a wireless handset into a virtual payment terminal.
“Advances in mobile commerce provide merchants and enterprises with the ability to deliver high-value services to their customers in an ‘anytime, anywhere’ manner,” said Stratton Sclavos, President and CEO of VeriSign. “Now, the 15,000 merchants, buyers and suppliers currently using our “wired” Internet payment services-along with new customers looking to payment-enable their mobile sales forces-will be able to leverage our utility-like infrastructure to process transactions seamlessly over mobile networks.”
VeriSign’s new Wireless Payment Services leverage a highly scalable and reliable Internet payment platform and connect into every major payment network, providing the ability to process a wide variety of payment types, including credit, debit and purchase cards, Internet checks, and automated clearing house (ACH) transactions over mobile networks. The new services include:
— Managed Wireless Payments Gateway — allowing online merchants to process payments from a WAP server in the same manner as from a Web server through the wireless version of VeriSign’s Payflow Pro software development tool kit (SDK). Payflow Pro will be extended to provide wireless markup language (WML) integration. The Managed Wireless Payments gateway will provide retail merchants, portals and content providers with a payment service that seamlessly transfers payment details securely from wireless devices through to the payment processor for settlement;
— Network-based Profile Management — enabling end users to manage their account and payment details, including name, bill-to address, ship-to address, payment types, account numbers, and other personalized attributes — all securely stored by VeriSign on behalf of a wireless operator, merchant, service provider, or individual user. The profile management solution can also be tied to merchants’ existing account management solutions. Both deployment models allow users to make purchases without having to re-enter personal information onto small mobile keypads and also utilize digital certificates and digital signatures for secure and trusted wireless transactions. VeriSign’s Network-based Profile Management service will be available via a fully managed outsourced solution for a wireless operator, merchant, service provider, or individual user, enabling them to leverage VeriSign’s highly scalable, robust and fully-redundant secure databases. VeriSign will provide an XML-based application programming interface (API) to integrate with these services; and
— Wireless Point of Sale (WPOS) services — transforming handsets carried by mobile sales forces, delivery persons and other field personnel into virtual payment terminals. These services will enable virtually any service-oriented company to equip their employees or representatives to accept payment when and where they deliver a service. For example, with a WAP-enabled terminal in hand, a repair person can submit a customer’s payment information for authorization right from the customer’s home, providing convenience for the customer and greater operating efficiencies and profit for the repair company.
Capitalizing on the company’s Internet-based payment infrastructure, VeriSign’s new Wireless Payment services enable merchants to leverage their existing bank and processor relationships, user account management procedures and electronic check processing, thus extending their reach into wireless commerce. VeriSign connects to all major processing networks including First Data (FDMS), Nova, Vital, EDS, Paymentech and Telecheck and has a direct connection in to American Express. In fact, 15,000 merchants, buyers and suppliers use VeriSign to process credit cards and online checks today and will now be able to leverage the wireless version to process transactions seamlessly over mobile networks.
Other key benefits of VeriSign’s Wireless Payment Services will include:
— Unlimited credit card and Internet check transactions;
— The ability to accept multiple payment types including credit cards, purchase cards, debit cards, ACH, and Internet checks;
— Connectivity with more payment processors than any other solution in the industry;
— Real-time credit card and check authorization in less than 3 seconds;
— Easy installation and integration, requiring no complicated code or configuration;
— A high-security, fully redundant, data center;
— Customizable back office reporting tools for efficiently managing and tracking online payments; and
— Customer service 24 hours a day, every day.
Pricing and Availability
VeriSign’s Wireless Payflow Pro software development kit (SDK) for merchants will be available in Q2, 2001 and will be priced based on monthly transaction volumes. VeriSign’s Wireless point-of-sale solutions will be available in Q2, 2001 on a subscription basis for enterprises. Pilots of the profile management solutions begin in Q2, 2001.
VeriSign, Inc. is the leading provider of trusted infrastructure services to Web sites, enterprises, electronic commerce service providers and individuals. The Company’s domain name, digital certificate and payment services provide the critical web identity, authentication and transaction infrastructure that online businesses require to conduct secure e-commerce and communications. VeriSign’s services are available through its website ([http://www.verisign.com]) or through its direct sales force and reseller partners around the world.
First Data Corp has formed Nihon Card Processing Co. Ltd., the first company in Japan to provide third-party credit card processing outsourcing services to the world’s second largest credit card market. The new company was formed by First Data and its joint venture partners, NTT DATA, DC Card, the fourth largest bankcard issuer and acquirer in Japan and an affiliate of the Mitsubishi-Bank of Tokyo; and Diamond Computer Service Co. Nihon’s first customer, DC Card, has a credit card portfolio of more than 8 million VISA and MasterCard credit cards and initially provided the processing infrastructure for the joint venture. The Nihon Card Processing platform will use First Data’s U.S. credit card processing expertise, and the credit card processing systems and information systems developed by DC Card and DCS combined with NTT Data’s information technology.Details
MasterCard has formed an alliance with MobileWay to develop and market an authentication scheme that will verify cardholders to merchants and confirm transactions using their wireless devices. MasterCard and MobileWay also intend to collaborate on development projects to ensure interoperability between MasterCard’s electronic payment systems and MobileWay’s global data network hub. Both firms also plan to develop next-generation m-commerce technologies. The alliance also includes cooperation on a number of key initiatives with the intent to leverage MasterCard’s global payment system and MobileWay’s global network by building upon the efforts of the Global Mobile Commerce Interoperability Group.Details
The multi-application ‘Proton R4’ smart card is out of the bag and it is ‘Proton Prisma’. Proton World unveiled the new line of smart cards yesterday and also announced that Gemplus will supply the first ‘Proton Prisma’ cards. The new Gemplus card is called ‘GemProton Prisma’. It uses JavaCard technology and is the first smart card to integrate CALC (Card Application & Life Cycle manager) which allows issuers to manage multiple applications on a card, support mass personalization, and dynamically download applications as well as support multi-vendor card sourcing. It will also enable issuers in the banking sector to migrate to the new global standards such as EMV and CEPS which will enable international interoperability. The first batch of ‘GemProton Prisma’ cards will be supplied to Banksys in Belgium and Interpay in the Netherlands for use in the pilot implementation of internationally-interoperable CEPS-compliant e-purses in Belgium, France, the Netherlands and Spain. In the six years since the launch of the first Proton e-purse smart cards in Belgium, the product has been sold to licensees in 25 countries who have issued over 34.5 million cards that have been used to perform over 226 million purchase transactions.Details
Juniper Bank (www.juniper.com) an online and wireless consumer financial services company and division of Columbus Bank and Trust Company, announced that it has partnered with the world’s leader in tax preparation, H&R Block, to help take the hassle out of this year’s tax preparation process.
Starting today through April 15, Juniper customers and visitors can access H&R Block’s easy-to-use online tax preparation products and services, and a wide range of up-to-date information and tools, from a co-branded Website hosted by Juniper. H&R Block’s new online tax services provide innovative, comprehensive choices for all taxpayers, eliminating the guesswork and stress from tax preparation no matter how complex the return.
‘H&R Block is a brand that consumers know and trust, and their decades of experience in tax preparation makes them the leader in their field,’ said Jim Stewart, president of Juniper Financial Corporation. ‘H&R Block’s services simplify the often daunting task of tax preparation, and they perfectly complement Juniper’s mission to make our customers’ financial lives easier.’
Juniper customers and visitors will have access to the following H&R Block tax products and services:
Â· Online Tax Program A straightforward, secure, do-it-yourself online tax preparation and filing program for U.S. federal and state tax returns. The Online Tax Program performs calculations automatically, checks for errors, identifies deductions and fills out all of the appropriate IRS approved forms. (Cost: $19.95; includes electronic filing fee and one resident state return)
Â· TaxCutÂ® Deluxe H&R Block’s award winning tax preparation software is now available for download from the Juniper site. TaxCut Deluxe includes multimedia tax help videos and imports data directly from many popular financial planning software packages. (Cost: $19.95; includes electronic filing fee and one resident state return)
Â· Professional Review Users who prepare their taxes online can have them reviewed by an H&R Block tax specialist prior to filing. H&R Block will review the return for missing information, errors and IRS ‘red flags.’ (Cost: 29.95; includes review of federal and resident state returns, and H&R Block’s error-free guarantee)
Â· Professional Tax Service A comprehensive review and filing service that allows users to have their taxes prepared online by an H&R Block specialist from the comforts of home. Users need only submit their tax information, answer simple questions, and an H&R Block specialist prepares the return. Once the return is complete, H&R Block will sign and submit the return.
In addition, Juniper customers will have a wide array of tax content available to them including tax tips, calculators, calendars, message boards and selected state tax information.
About H&R Block
H&R Block Inc. is a diversified company with subsidiaries providing a wide range of financial products and services. This year, H&R Block served 19.2 million taxpayers more than any other company – through its more than 10,000 offices located primarily in the United States, Canada, Australia and the United Kingdom. H&R Block served another 1.8 million tax clients through its award-winning software program, Kiplinger TaxCutÂ®, and through its new online tax preparation services. H&R Block Financial Advisors member NYSE, SIPC, offers investment services and securities products. H&R Block Mortgage Corporation and Option One Mortgage Corporation offer a full range of home mortgage products. RSM McGladrey Inc. is a national accounting, tax and consulting firm with 100 offices nationwide, as well as an affiliation with 550 offices in 75 countries as the U.S. member of RSM International. Quarterly results and other information are available on the company’s Web site at [www.hrblock.com].
About Juniper Bank
Juniper Financial Corporation, a privately held company headquartered in Wilmington, Delaware, operates Juniper Bank as a division of Columbus Bank and Trust Company of Columbus, Georgia. With the aim of creating a bank that empowers consumers with greater flexibility and control over their finances, Juniper offers a wide array of financial products and services and the ability for consumers to access account information, transfer funds and pay bills via the Internet, phone or wireless devices. The company has received more than $114 million in funding from such investors as Benchmark Capital, J&W Seligman, Sonera Corporation, Total Technology Ventures, Aether Systems, Fifth Third Bancorp and others. Additional information about the company, its products and services, and employment opportunities can be found online at [www.juniper.com] or send email to email@example.com.
Michigan National announced this morning it will issue a MasterCard branded prepaid card through the Coinstar and DataWave networks. Since last summer, Coinstar and Canada-based DataWave have worked together to integrate DataWave’s wireless processing technology into the Coinstar network of machines to sell prepaid phone cards. Coinstar owns and operates the only nationwide network of supermarket-based machines that offer coin counting and other electronic services. Today’s announcement will move Coinstar beyond offering just coin counting machines. Eventually this new technology will give Coinstar customers the option of turning their coins into a convenient and secure prepaid MasterCard.Details
Trintech announced a security alliance with RSA incorporating PayWare and RSA BSAFE SSL-C encryption software.
The combined software solution enhances security for financial institutions operating in real and virtual card-based transactions. Trintech will incorporate this enhanced security technology into its PayWare(R) eAcquirer(TM) payment gateway infrastructure solution for financial institutions, payment processors, e-commerce service providers, and card organizations, allowing Trintech’s customers to securely authorize, capture, route and settle all card-based transactions originating from both the physical and virtual worlds of commerce. PayWare eAcquirer provides the technology infrastructure necessary to take advantage of global-based business-to-consumer (B2C) and business-to-business (B2B) opportunities securely.
! “As the only provider of end-to-end ePayment infrastructure solutions Trintech has deployed PayWare eAcquirer to leading financial institutions worldwide. We believe that our security alliance with RSA will provide a strategic advantage for our customers,” said Trevor Healy, Vice President of Strategic Alliances for Trintech. “Trintech is a leader in secure e-payments and we will continue working with RSA as we both pursue an aggressive global strategy for secure e-payments.”
“Security plays a critical role in the B2C and B2B marketplaces, and Trintech, as a leader in end-to-end secure e-payments infrastructure, is enhancing its product suite with this alliance and deploying the industry’s most recognized and widely used security software,” said Scott Schnell, senior vice president of marketing at RSA Security. “We are excited about the growth in electronic commerce and look forward to the market continuing to expand as companies look for and adopt reliable security and e-payment solutions.”
Trintech is a leading provider of secure electronic payment infrastructure solutions for real-world, Internet and wireless transactions. The company, founded in 1987, offers a complete range of payment software products for credit, debit, commercial and procurement card applications. Trintech’s secure product range is deployed in over 35 countries worldwide and covers the payment requirements of consumers, card issuing banks, merchant acquiring institutions, merchants, eMerchants, telcos, wireless operators, ISPs/CSPs, Portals and large corporations. Trintech’s range of scaleable, open systems architecture solutions for UNIX(R) and Windows NT(TM) platforms covers consumer, merchant and financial institution requirements for all card-based payments, including e-commerce and the emerging world of mobile commerce. Trintech can be contacted at 2755 Campus Drive, San Mateo, CA 94003 (Tel: 650/227-7000). Trintech can be reached on the Web at [www.trintech.com].
About RSA Security Inc
RSA Security Inc., The Most Trusted Name in e-Security(TM), helps organizations build secure, trusted foundations for e-business through its RSA SecurID(R) two-factor authentication, RSA BSAFE(R) encryption and RSA Keon(R) digital certificate management systems. With more than a half billion RSA BSAFE-enabled applications in use worldwide, more than seven million RSA SecurID users and almost 20 years of industry experience, RSA Security has the proven leadership and innovative technology to address the changing security needs of e-business and bring trust to the new, online economy. RSA Security can be reached at [www.rsasecurity.com].
Gelco, the largest and most experienced provider of e-business expense management and reimbursement programs, announced the release of Travel Manager 8.0.
This browser-based application was designed expressly for companies requiring some travelers to comply with Federal Travel Regulations, while others abide strictly with internal corporate policy.
Travel Manager 8.0 was developed for commercial use based upon the highly successful Gelco Travel Manager(R) (GTM) product line, used by more than 120 federal agencies and sites. GTM is by far the leading application, and has become the recognized standard, for end-to-end government business travel management. Corporations using Travel Manager 8.0 can cut processing time by over 75 percent, and lower processing costs by more than 65 percent. These savings are similar to those documented by GTM users.
“Business travel in conjunction with a government contract presents unique challenges for corporations,” said Jon Klem, president and CEO of Gelco Expense Management Group. “Travel on a government contract is subject to per diems and a set of quite sophisticated travel regulations. Contractors run the risk of not being reimbursed and incurring additional administrative costs should they not comply with the regulations. This, in turn impacts the overall profitability of the government contract.
“In addition to saving time and administrative costs, Travel Manager 8.0 ensures full compliance, in advance, for every business trip and improves a company’s accounts receivable balance. The system’s inherent e-business flexibility enables companies to deploy it enterprise-wide, even where government compliance is not a factor.”
Users prepare and electronically approve their documents via the Internet. With a click, they can identify the most economical airfares and rates for lodging and rental cars. Version 8.0 integrates with all popular electronic booking tools, and if a travel agency is part of the process, Travel Manager will forward all the information necessary for the agency to generate tickets and reservations. The system performs all audits and integrates with every major financial system. Gelco also offers a Payment Module to reimburse travelers within 72 hours of filing their expense reports, including split payments for corporate charge cards. In addition, customers can opt for a fully IRS-compliant receipt management service, which does away with warehousing paper receipts.
To experience a live demonstration, call 1-800-444-6588 or visit Gelco’s web site at [http://www.gelco.com] for more information.
Minneapolis based Gelco Information Network is a wholly owned subsidiary of HG Holdings, a multinational interest specializing in products and services for mobile employees. Gelco has been providing travel expense management software and services for more than 35 years. As a whole, the company processed over $11 billion in reimbursements in 2000. The Expense Management Group serves over 1.9 million users in over 1,200 corporations and federal agencies, including Ericsson, Boeing, The Toro Company, American Home Products, EMC, Gartner Group, Reebok International, Ltd., and the United States Government (including Department of Defense, State Department and NASA).
Leveraging an e-business infrastructure through technology from Sun, Cisco, Oracle, EMC and Microsoft, Gelco is the only company that provides its customers with complete expense and trade fund management solutions. Additionally, through its partnerships and private-label relationships, Gelco provides this e-business technology and infrastructure to application service providers and other providers of travel management services. Visit the Gelco web site at [http://www.gelco.com] or call 1-800-444-6588.
Move over ‘SpeedPass’ — VeriFone reported yesterday it has equipped its first convenience store chain with the new VeriFone smart card key fob. The ‘VeriPASS’ system has been deployed at fourteen Pumper’s Premium Stores in Greenville, SC. Since mid-December, over 4,000 Pumper’s customers are using the smart card key fob for payment as well as participation in Pumper’s club and loyalty programs. ‘VeriPASS’ software, which uses VeriFone’s ‘Ruby’ POS system as a controller, supports payment via the ‘VeriPASS’ key fob by associating the data of any of the stores currently accepted magnetic strip cards to the customer’s key fob. Up to two cards can be stored. Payment is made by presenting the key fob in front of an outdoor ‘VeriPASS’ reader located next to the gasoline fueling point, or by presenting the key fob to an indoor ‘VeriPASS’ terminal located inside the store. ‘VeriPASS’ also supports three CRM functions. These include a prepaid club program in which points are put onto the ‘VeriPASS’ key fob to redeem for items at a later time; an electronic punch card program that rewards frequent purchases or visits; and a loyalty program that rewards points per dollars spent. Pumper’s markets ‘VeriPASS’ under the name ‘Pumper’s Pass’.Details