Starmount Partners with Ingenico and Servebase to Provide an End-to-End Solution for EMV Payments

Posted on by wademinnie | 12408 Views | 7 min read

Starmount has announced that it has partnered with Servebase and Ingenico to enable the company to deliver complete end-to-end solutions that meet all requirements for EMV (Europay, Mastercard, Visa) payments. The partnerships underscore Starmount’s leadership role in the transition to EMV and chip and pin technologies and will enable Starmount to deploy its solutions for

hyperWALLET Provides Solution to Multi-Billion Dollar Direct Selling Company

Posted on by wademinnie | 9424 Views | 5 min read

hyperWALLET Systems Inc., a payments provider to top-tier organizations that make payments to employees and other beneficiaries, has announced that Forever Living has launched hyperWALLET’s branded payment services to provide a unified, multi-currency commission payment solution for their organization and Distributors. Founded in 1978, Forever Living is a multi-billion dollar company that manufactures and distributes

Mercury Unveils Mobile- and Social-Powered Gift Card and Rewards Service for Small Business

Posted on by wademinnie | 10958 Views | 10 min read

Mercury Payment Systems, LLC, a provider of payment technology and services for small to mid-sized businesses, have announced the launch of Mercury StoreCard, a gift, rewards, mobile payments and promotions card all in one. Consumers can use the Mercury StoreCard as a gift card or a reloadable stored-value card to earn cash back loyalty rewards

Europe’s Largest Commercial Mobile Contactless Payments Service Launched in Spain

Posted on by wademinnie | 16690 Views | 12 min read

Visa Europe and leading Spanish bank CaixaBank along with mobile network operators Orange, Telefόnica and Vodafone, have announced the launch of Europe’s largest commercial mobile contactless payments service. From February 2014 CaixaBank customers will be able to make contactless payments quickly and safely using their contactless-enabled smartphones. The partnership with Orange, Telefόnica and Vodafone enables

American Express Announces Settlements with Bank Regulators

Posted on by wademinnie | 4358 Views | 5 min read

American Express Company has announced that certain of its subsidiaries have reached settlements with several regulatory agencies to resolve previously disclosed regulatory reviews of marketing and billing practices related to several products that have been discontinued. The settlements involve American Express Travel Related Services Company, Inc., American Express Centurion Bank and American Express Bank, FSB.

Starbucks Expands Starbucks Cards to China in Time for the Lunar New Year

Posted on by wademinnie | 9537 Views | 5 min read

Starbucks Coffee Company introduced Starbucks Gift Cards at select locations in Mainland China. Starbucks Cards can be purchased in three unique design themes, including Thank You, Kind Regards and Happy Lunar New Year. “The Lunar New Year is a time when family and friends gather to meet, connect and share stories,” said Belinda Wong, president,

Primax Teams Finish in Top 25% in Visa Global Challenge

Posted on by wademinnie | 7584 Views | 5 min read

Primax, a provider of debit and credit card issuing and merchant acquiring programs, products and services, has announced that its two entrants in the Visa Global Challenge have finished in the top 25% from among 144 participating teams world-wide. The Visa Global Challenge, a team-based, online payment simulation that tracks each competing team’s portfolio performance

American Express Agrees to Settle Class Action Litigations

Posted on by wademinnie | 6380 Views | 17 min read

American Express has said that it has agreed to settle two putative antitrust class actions filed by U.S. merchants that challenged the company’s Card acceptance agreements. The settlement agreement will address certain merchant concerns, while helping to ensure that American Express Card Members are treated fairly at the point of sale. It will also limit

B-Pesa Lands China’s Unionpay Deal

Posted on by wademinnie | 11840 Views | 12 min read

B-PESA has inked deals with UnionPay, a move that gives the newly introduced prepaid bank loop card a wider operating territory outside Tanzania, covering 1.6 million ATMs and over 12 million merchants in 142 countries. Apart from UnionPay, many Tanzania based banks have expressed interest in partnering with Smart Banking Solutions (SBS) – the company

Target Confirms Unauthorized Access to Payment Card Data in U.S. Stores

Posted on by wademinnie | 7821 Views | 4 min read

Target has confirmed it is aware of unauthorized access to payment card data that may have impacted certain guests making credit and debit card purchases in its U.S. stores. Target is working closely with law enforcement and financial institutions, and has identified and resolved the issue. “Target’s first priority is preserving the trust of our