Payment News

Archive for the ‘Payment Processing’ Category

First Data Announces Revolutionary Payment Security Solution: TransArmor Payment Card Security

09.02.2010 · Posted in Payment Processing

First Data Corporation, a worldwide leader in offering electronic payment processing services and e-commerce software solutions to businesses and organizations announced that a new payment security solution called First Data® TransArmor is now available to merchants via First Data’s resellers and partners program. According to First Data, they are anticipating well over 110,000 businesses will ...

VeriFone Systems Acquires WAY Systems

09.01.2010 · Posted in Mobile Payment News, Payment Processing

VeriFone Systems, Inc., a worldwide leader of secure payment services to businesses, today announced that it has bought WAY Systems, Inc, a company that manufactures mobile point-of-sales terminal and gateway solutions for merchant. According to VeriFone, the acquisition will not affect the company’s 2010 financials. The pricing detail of the transaction is an upfront payment ...

Hypercom Announces HyperSafe Secure EFTSec Server 2.0 Point-to-Point Encryption in the United States

08.25.2010 · Posted in Payment Processing

Hypercom Corporation, a leader when it comes to highly secured electronic payment products, and software solutions, today announced that HyperSafe® Secure EFTSec Server™ 2.0 payment data encryption system for Optimum T4200 (countertop machine) and M4200 (mobile terminal) is available right now for processors and ISO in the United States that are utilizing Tier 4 payment ...

First Data Lietuva Uses Compass Plus TranzWare Interchange Products for Payments Processing

08.23.2010 · Posted in Payment Processing

Compass Plus, based out in St. Louis, Missouri, a global payment provider that offers banking technology to retailers, credit unions, and banks, today announced that First Data will be utilizing its TranzWare Interchange solution at Processing Center in Lithuania to enable better settlement and clearing of international transactions. The biggest processor in Lithuania is First ...

Ingenico Selected by Redeban Multicolor to Supply iCT220 Point of Sale Terminal

08.17.2010 · Posted in Payment Processing

Ingenico, a company based out of France and offers global payment processing solution for many retailers, today announced that Redeban Multicolor, a processor in Colombia that processes payments for MasterCard and Maestro, has selected them to supply Redeban Multicolor’s business merchants with the Ingenico iCT220 point-of-sale terminal in a strategic partnership. Ingenico will offer more ...

RBS WorldPay Chosen by Aldelo Systems as Preferred Payment Processor

08.17.2010 · Posted in Payment Processing

RBS WorldPay, the American based payment processing unit for Royal Bank of Scotland Group, running U.S. operations out of Atlanta, Georgia, which sold off 80% of its processing unit for a $3 billion deal to Advent International and Bain Capital two weeks ago, announced today that it has completed point-of-sale application certification of Aldelo Systems. ...

WePay Raises $7.5 million in Series B Funding Led by Highland Capital Partners

08.13.2010 · Posted in Payment Processing

WePay, a company based out of Palo Alto, California, backed by Y Combinator and offers a payment platform that makes it easy for users to manage and collect money in a group setting, announced it has raided $7.5 million in Series B funding form several sources but the top contributor was Highland Capital Partners and ...

Auriemma Consulting Group Cardbeat Survey: Paypal More Secure for Online Shopping than Credit Cards

08.12.2010 · Posted in Payment Processing

Just a few years ago many people saw PayPal as just an online payment channel that eBay users utilized to pay for merchandise at the auction site but that notion has changed dramatically according to a Cardbeat survey by Auriemma Consulting Group, a service management and consulting firm specializing in providing their services to the ...

First Data Second Quarter Report Ended June 30, 2010 Financial Results: Up 4 Percent

08.10.2010 · Posted in Payment Processing

First Data Corporation, based in Atlanta Georgia, today released its second quarter financial results ended June 30, 2010. First Data’s combined revenue was up 18 percent at $2.6 billion compared to the same time period from 2009. Looking at the results, the increase in revenue was primarily attributed to the strategic relationship the company established ...