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Recent blog posts

The improved version of EzCheckprinting business check writer gives customers a two signature line feature. Download and test drive at no risk or obligation at http://www.halfpricesoft.com.

Newark, NJ (PRWEB) June 20, 2013

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Leading payment processing company Electronic Commerce International is proud to announce an expansion to its popular 90 Days Same as Cash program. ECI now offers the Same as Cash program in 90, 180, and 365 day payment plans.

Scottsdale, AZ (PRWEB) June 20, 2013

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Site boasts improved platform that is faster, allows customers to create an account and also features a new shopping cart that now accepts E-checks.

Rochester Hills, MI (PRWEB) June 20, 2013

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Comdata Smart Solutions products are helping to meet the needs of the retail fuel market.

Brentwood, TN (PRWEB) June 20, 2013

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Posted by on in Latest News

The Merchant Risk Council (MRC), the merchant-led trade association focused on online payments, fraud and e-commerce, has appointed Tom Sullivan as interim executive director.

Tom was a co-founding member of the MRC and most recently was the chair of the Global Board of Directors.

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Those that are involved in banking and payments believe that EMV is poised to drive the adoption of mobile technology in the US. Nearly half of all respondents (49 percent) believed the US migration to EMV will result in consumers turning away from card-based transaction in lieu of mobile payments, a recent report has revealed.

According to a report issued by international provider of banking and payment systems ACI Worldwide, as the migration toward EMV continues in the US, those surveyed admitted that there are challenges to rolling out the new payment systems. When asked what specifically they felt would be the biggest challenge to EMV implementation, respondents answered as follows: nearly one in three (32 percent) noted that rolling out hardware updates (like POS terminals, ATMs, etc.) would present the largest issue; 26 percent believed the biggest challenge would be educating and training business constituents along with driving consumer awareness and adoption; and 24 percent said they were most concerned about meeting compliance and liability shift deadlines. When asked what trend will have the biggest impact on banking and retail over the next six to 12 months, only 15 percent noted that uniform EMV standards will catapult adoption and rollout.

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Visa has entered an agreement with global group of energy and petrochemicals companies Shell to launch contactless and mobile NFC payments at Shell petrol stations in Germany in 2014. This also includes payments with contactless V PAY debit cards.

For contactless payments, cardholders can pay up to an amount of EUR 25 without entering a PIN or providing a signature; for higher value payments, the cardholder authorizes the transaction with his PIN or signature.

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Consumers worldwide expect strikingly similar mobile and technology-powered experiences from large and small businesses as well as financial institutions and their expectations are fueled by increased smartphone usage, a recent report has revealed.

According to a study issued by global provider of electronic commerce and payment processing services First Data, consumers seek three consistent, defining features in their experience: seamlessness and control, tailored and personalized experiences and a direct connection to other consumers and information through social media and shared online content.

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The NFC Forum, a non-profit industry association that advances the use of Near Field Communication (NFC) technology, has unveiled that US mobile telecommunications network and wireless phone provider Verizon Wireless and payment company Discover Financial Services have become members at the Principal level.

In addition, Netherlands-based manufacturer and supplier of RFID components Smartrac has upgraded its membership to Principal. Overall membership now stands at more than 190 companies and non-profit groups.

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French-based provider of payment services Ingenico is set to support, along with financial institution Banco Nacional de México, Banamex, the deployment of the new contactless payment technology.

Banamex is set to use the Ingenico payment terminals: countertop iCT220 and iCT250, portable iWL220 and the PIN Pad iPP320.

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The Russian processing centre Dzetta and Finnish IT services provider Tieto have implemented a project providing a money transfer service based on the Card Suite solution, which complies with the MasterCard MoneySend requirements, as well as a Card Suite Cash-in functionality, which allows cash deposits to bank cards and accounts via ATM.

The solution enables cardholders to transfer money regardless of their own or the recipient's location or the working hours of the bank.

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Online money transfer solution nTrust has joined forces with voucher-based prepaid payment services provider Ukash to supply consumers with new ways to store, spend and send money online.

The partnership will allow nTrust users to deposit money using their Ukash vouchers. Available to nTrust users, the new deposit method provides online money transfer and payment options to customers from over 35 countries around the world. As a result, GBP and EUR have been added to nTrust's multi-currency offerings, which currently include Canadian USD, USD, Australian USD and PHP.

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Dutch digital security company Gemalto has entered an agreement with North European financial services group SEB Latvia to provide the latter with Optelio payment cards to enable contactless transport to schoolchildren and seniors in the city of Jelgava, Latvia.

The cards, issued by SEB Latvia on behalf of the Jelgava county government, enables boarding and cash-free travel on local buses. Ultimately, the multi-application card will include contactless payment and will be extended to all of Jelgava’s residents. This is the first contactless payment cards ever deployed in Latvia and the Baltic States.

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Global business integration software provider SEEBURGER has closed a partnership with Aditya Birla Minacs, a business solutions provider and a fully owned subsidiary of the Aditya Birla Group, for deployment and OEM use of the SEEBURGER Business Integration Suite.

Under the agreement, Minacs will make SEEBURGER technology available to customers with intra- and inter-company collaboration needs such as trading partner communications and managed file transfer (MFT); provide implementation services; and incorporate SEEBURGER solutions into industry-specific Minacs products including its TradeFree product suite for the banking sector.

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MarketResearchReports.Biz announces addition of new report “2020 Foresight Report: Private Label Cards - Opportunities and Challenges in Asia-Pacific” to its database. Buy The Copy of This Report Visit - http://www.marketresearchreports.biz/analysis-details/2020-foresight-report-private-label-cards-opportunities-and-challenges-in-asia-pacific

Albany, New York (PRWEB) June 20, 2013

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Leading UK payment cards comparison website, compareandsave.com, announces details of its partner’s, my Travel Cash, currency Flash Sale which starts today from 11am, until 6pm.

(PRWEB UK) 20 June 2013

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Leading UK payment cards comparison website, compareandsave.com, announces details of its partner’s, my Travel Cash, currency Flash Sale which starts today from 11am, until 6pm.

(PRWEB UK) 20 June 2013

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Having officially opened its new London office last week, recurring billing expert Aria Systems is expanding its business operations in the EMEA market to meet the growing worldwide demand for subscription commerce solutions.

(PRWEB UK) 19 June 2013

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Having officially opened its new London office last week, recurring billing expert Aria Systems is expanding its business operations in the EMEA market to meet the growing worldwide demand for subscription commerce solutions.

(PRWEB UK) 19 June 2013

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The UK continues to expand its rollout of contactless, with Starbucks completing its deployment of contactless point-of-sale terminals at 550 coffee shops nationwide.

The Starbucks deployment follows completion by Marks & Spencer, one of the UK’s largest retailers, of the rollout of contactless payment at 644 of its UK stores. McDonald’s restaurants and retail pharmacy Boots are also among tier-one merchants in the UK supporting contactless open-loop payments, along with the 11,000-branch UK Post Office and Transport for London on more than 8,000 buses.

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