Archive for November, 2009
Salvation Army Now Takes Plastic
An important part of the upcoming holiday season is the charitable spirit that is brought out in so many people. Food banks will receive a large part of their yearly intake at this time and the Salvation Army kettles will be seen all around us.
The Salvation Army is keeping up with technology and they have [...]
ISOs and Level 4 PCI Compliance
Level 4 merchants account for over 99% of Visa merchants, but they only bring in about 32% of the network’s volume, annually accounting for up to one million submitted Visa card transactions. And experts indicate that these merchants may only have a PCI compliance level of around 10%, so bringing them up to the appropriate [...]
TransFS Free iPhone App
TransFS is an online marketplace which allows for a private and secure reverse auction where credit card processors bid to win business from merchants. And now TransFS has an additional offering sure to please merchants who value mobility in their credit card processing. TransFS Card Terminal is an iPhone application that is free and provides [...]
Hackers Indicted by Grand Jury
A short time again in Atlanta, a U.S. grand jury indicted eight people in relation to a computer network hack attack on RBS WorldPlay’s credit-card processing computer network. Approximately $9 million were stolen in the hack, in a period of just 12 hours.
After managing to access the encrypted card-processing system, the alleged hackers are thought [...]
Office Max Partners with US Bank
OfficeMax, known as a leader in the office supplies market, has just recently announced a strategic partnership with U.S. Bank (lead bank in the U.S. Bancorp portfolio). Together the two will provide branded OfficeMax Visa Signature® and Visa® Rewards credit cards.
Customers of OfficeMax will be able to earn eight or more percent in rewards on [...]
Google Android Mobile Payment App – Charge Anywhere
CHARGE Anywhere for Android is now available directly from Charge Anywhere’s website or via the Android Market.
CHARGE Anywhere is the first PCI PA-DSS validated payment app which allows users of Android phones to take credit card payments on their phones. Simply using the touch screen interface on the Android device, CHARGE Anywhere software makes it [...]
TNB Card Services Signs Long Term Agreement
Minot, North Dakota based Town & Country Credit Union has awarded a long-term processing agreement to TNB Card Services. TNB will manage the credit union’s $4.5 million card portfolio.
The agreement includes TNB’s provision of their VIP Portfolio Pro® and VIP CardStationTM. Thanks to the features of these programs the credit union will have access to [...]
800Commerce.com
Close to 5 million small businesses in the United States reportedly don’t have a website. Commerce Online Inc. is looking to provide a solution via their B2B portal, www.800commerce.com. The site will offer an online business director, social networking and a package of merchant services like website development and hosting, online marketing via Google AdWords, [...]
Credit Giant’s Opt Out Program Draws Scrutiny
Ottawa is under pressure to introduce a voluntary code of conduct for credit giants Visa and MasterCard who are entering the debit market in Canada. There are already two and a half million MasterCard “Maestro” debit cards issued to customers of the Bank of Montreal, and Visa is rolling out its debit network in conjunction [...]
Red Flags Rule Requires Businesses to Protect Customers’ Credit
New Federal Trade Commission rules are about to kick in, known as the “Red Flags Rule.” Individuals are likely to appreciate the new rules, as they involve a requirement for businesses to do be more proactive in verifying the identity of their customers, which in turns helps prevent identity thieves from coming out the winners. [...]