Global Payments has completed the formation of a joint venture with HSBC Bank to provide payment processing services to merchants in the UK and internet merchants globally. The joint venture, HSBC Merchant Services, will provide merchant acquiring services to over 135,000 merchant outlets. Under the terms of the agreement, Global Payments paid HSBC $439 million in cash to acquire ... [full story]
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Ask a Question Ask a Question Quick Links: Home > Articles > ... Credit Card Processing: Can High Risk Businesses Get a Merchant Account? By: Scott Burke Is your business considered high risk? And can you still get a merchant account? In credit card processing, there are many different reasons why a business ... [full story]
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Westpac Banking Corporation offers merchant services solutions. These merchant service solutions comprise of credit card payment solutions. EFTPOS solution is one such credit card payment solution offered by Westpac Banking Corporation. This forms to be an efficient as well as secure way to accept the credit cards from different customers. EFTPOS credit card payment solutions accept all credit cards and ... [full story]
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Electricity and natural gas company Pepco Holdings Inc. holds an analyst meeting on Friday, where one analyst expects an update on profit margins and the company's merchant operations. Pepco Holdings, which was formed by the merger of Pepco and Conectiv, serves customers in Delaware, Washington, D.C., Maryland and New Jersey. Wachovia Capital Markets analyst Neil Kalton said Pepco ... [full story]
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Major banks are making inroads into the riskier consumer financing market to provide loans to those who have difficulty in getting loans due to credit problems, drawing mixed reactions from consumers and analysts. Banks hope the new business will provide a breakthrough to their sluggish loan business, but some analysts worry their exposure to riskier loans will cause serious ... [full story]
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TransFirst, a leading provider of credit card processing services and payment enabling technologies, and MyECheck (OTCBB: MYEC), a leading provider of comprehensive viable alternative payment solutions, have joined forces to provide a full suite of comprehensive Check 21 imaging, processing and related solutions for online merchants, call centers, billers, retail POS and RDC/back office applications. As a correction to ... [full story]
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Atlantis Technology Group announced that subsidiary Global Online Television Corp. (GOTV) globalonlinetelevision.com has established merchant services with PayPal for the new GOTV service. Customers will be able to use the PayPal service which accepts Visa, Master Card, American Express, Discover, Bank, and PayPal to order the GOTV service, as well as process all future payments. CEO Christopher M ... [full story]
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Education major and Financial Times publisher Pearson will increase its investment and involvement in India substantially. Speaking to Business Line, Khozem Merchant, Deputy Chairman, Pearson India, said, “We want to roll out our services in a way that establishes our footprint as that of an education company.” Emphasising that Pearson’s education services were much more than just textbooks, Merchant ... [full story]
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Today Paymentmax, a leading merchant services provider, announced they will give a free IP terminal to all new accounts who sign a contract for merchant service. Joey Shap, Chief Sales Officer for Paymentmax, said in the announcement, "In the past the high cost of purchasing a credit card terminal stopped small businesses from accepting cards. Paymentmax is working to ... [full story]
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Wood County commissioners decided to try a purchasing card system on a small scale until the end of June before deciding whether to implement such a system countywide. Karen Inghram and Chad Mildren with United Bank met with commissioners on Monday to discuss a Visa purchasing card system, which Inghram said would save the county time, paper and money. ... [full story]
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OceanVSAT from Stratos offers always-on broadband connectivity New Stratos solution results from agreement to distribute Intelsat's Network Broadband Global Maritime Service BETHESDA, MD, Feb. 26 -- Stratos Global Corporation, the leading global provider of advanced mobile and fixed-site remote communications solutions, today announced the commercial availability of its OceanVSAT from Stratos global maritime broadband satellite communications solution. ... [full story]
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With its announcement on Thursday that it is working with a U.K. provider to enable mobile access to credit card accounts in the U.S., Total System Services Inc. (TSYS) has joined rival payments processors First Data Corp. and Metavante Corp. in entering the nascent but highly promising business of mobile banking and payments. TSYS, which processes credit card accounts for ... [full story]
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Yucheng Technologies Limited , a leading local IT solutions and services provider to the Chinese banking industry, today announced unaudited selected financial results for the fourth quarter and fiscal year 2007. Fourth Quarter 2007 Highlights (unaudited): -- Record consolidated revenue of US$23.5 million, an increase of 57% quarter-over-quarter and 89% year-over-year -- Record consolidated IT ... [full story]
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West Coast Bank's business customers can now receive Next Day Funding with the company's newest product by the same name. The new program allows merchant customers to access merchant processing funds the next business day rather than the customary 48-72 hours. Robert D. Sznewajs, President & CEO, said, "West Coast Bank is pleased to enhance cash flow for our ... [full story]
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Sage Software today announced that Navarre Avenue OB/GYN, based in Oregon, Ohio, has selected Intergy EHR by Sage for the practice's Electronic Health Records needs. The practice began its Electronic Health Records search earlier this year, according to Joni Tarver, Office Manager of Navarre Avenue OB/GYN. While the office has a single physician, the practice's rapid growth and lack ... [full story]
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This week, as the nation faces strong indications of a coming recession, ecommerce expert Tony Shap detailed several reasons why online businesses are booming while banking, retail, and other traditional businesses continue to struggle. Shap, President of Paymentmax, a leading firm providing one-stop credit card processing for online businesses. Shap said he feels the non-stop growth in ecommerce is ... [full story]
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Qualys, Inc., the leading provider of on demand security and compliance solutions, today announced that ControlScan, a leader in e-commerce security, has selected QualysGuard PCI as its underlying platform for delivering a new suite of ControlScan PCI compliance services to merchants, acquiring banks and independent sales organizations (ISOs). By incorporating the QualysGuard PCI service, ControlScan ... [full story]
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TD Canada Trust has said that the Visa payWave contactless payment feature will be added to TD Visa chip Cards issued in Kitchener-Waterloo as part of the ongoing market trial of chip-enabled debit and credit cards. The Visa payWave feature gives cardholders the option of paying for small dollar purchases - typically under Can$25 - simply by waving their credit ... [full story]
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SmartPay says its preferred delivery model for wi-fi hot-spot services is free to the end user. The NZX-listed company, which recently inked a deal to manage Telecom’s wi-fi hotspot network, says the charging model used in any site is up to the retailer that hosts the site. “Ultimately somebody needs to pay for service, but our preferred model ... [full story]
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Tyfone, Inc., a developer of a software and hardware platform for bank-branded, mobile banking, mobile contactless payments and retail merchant services, today announced the completion of a financing round led by Ojas Venture Partners, an India-based venture capital firm specializing in technology start-ups. The terms of the financing were not disclosed. Tyfone will use the investment to scale its ... [full story]
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(NYSE: GPN: 36.73, -1.44, -3.77%), a leading provider of electronic transaction processing services, today announced the introduction of a next generation payment processing platform, Global Transport(TM: 104.47, +0.53, +0.50%). Global Transport was designed with a uniform application programming interface supported by multiple communications options to simplify and speed integration to the merchant's payment acceptance environment for debit, credit, and EBT ... [full story]
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To meet patient demand for secure, efficient, electronic communication and remain competitive, Front Range Center for Brain and Spine located in Fort Collins, Colorado, and NaturoMedica in Sammamish, Washington, were among the first practices nationwide to implement the newly released Intergy Practice Portal by Sage Software. Intergy Practice Portal, developed in partnership with Kryptiq Corporation, is a secure online ... [full story]
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Starting today, consumers can enjoy greater control over their credit with Simply Flexible credit cards from TD Banknorth, which offer individual and small business customers lower interest rates as a reward for financial responsibility. Simply Flexible(SM: 38.33, +0.42, +1.10%) and Simply Flexible Business(SM: 38.33, +0.42, +1.10%) Visa(R: 43.23, +1.12, +2.65%) credit cards from TD Banknorth are unique in that ... [full story]
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Six months since the revised guidelines for Indian Depository Receipts (IDR) were notified, the product is still to catch the fancy of overseas companies. In July, some of the criteria were amended to make the instrument more attractive for foreign companies looking to raise money in India. Some merchant bankers feel a mix of inadequate promotion and the relatively stringent ... [full story]
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Using Customer Information Manager, online merchants can store customers' payment information on Authorize.Net's secure servers, facilitating compliance with PCI DSS and eliminating need for returning customers to re-enter personal data. Merchants can create, view, update, and delete customer profiles that include billing, payment, and shipping information. CIM also supports multiple profiles, allowing customers to store multiple shipping addresses or payment ... [full story]
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Just over a year ago, jewelry design business D'Annunzio Group International was chugging along at a steady and predictable pace. But things took a dramatic turn in 2006 when DGI, in partnership with Warner Bros., launched a jewelry collection inspired by Tweety. Sales went through the roof. As the orders poured in, the company found itself facing a shortage of ... [full story]
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Fidelity National Information Services, Inc. has announced that BB&T Bankcard Corporation's 1.1 million credit card accounts have been successfully converted to the FIS platform. FIS is now processing all transactions for credit cards issued by BB&T Bankcard Corporation, a wholly owned subsidiary of BB&T Corporation (NYSE: BBT), a Fortune 500 company. "I am pleased to report that the BB&T ... [full story]
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Company donates $5,000 to aid in disaster relief in Lincoln City Wells
Fargo is offering special assistance to Lincoln City customers affected
by recent storms and extensive flooding. This area has been declared a
federal disaster area; customers may be eligible for individual
assistance by FEMA. Well Fargo will donate $5,000 to Lincoln
City Food Pantry to aid local relief efforts. The gift ... [full story]
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Envoy Capital Group Inc. (Nasdaq:ECGI) (TSX:ECG) today announced its
financial results for its fiscal year ended September 30, 2007.
Highlights for the year include:
* Revenue increased to $17.6 million, an improvement of $7.9 million or an 81% increase. * Net earnings of $3.0 million, an improvement of $881,000 or 41% ... [full story]
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As most of you would agree, choosing the right merchant account can be a tough task. Having toiled long and hard to find the right merchant service provider, you must now make sure you keep a careful tab on your merchant account. Most businessmen make the fatal error of not paying enough attention to their merchant account. As rules change ... [full story]
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Ever since the boom of e-commerce, online businessmen realized the importance of processing a merchant account, that was both flexible and hundred percent reliable. The merchant services at AMS are user friendly and provide benefits. A merchant account is a special account provided by a bank or a merchant account procession unit, where finances from sales through credit card is ... [full story]
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Northern Merchant Services (NMS), will soon build or acquire a new facility to expand its customer-support operation. The credit-card transaction-processing company currently employs 24 at its call center in Brasher Falls, St. Lawrence County. NMS employees provide customer-service and technical support to merchants across the nation, says Lane Gordon, director of investor relations for Braintree, Mass.-based Pipeline Data, Inc. The ... [full story]
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