Mutual Merchant Services, Inc.(PINKSHEETS: MUTM) (German WKN# A0Q8CV) is pleased to announce that it hassigned a contract with 1st Federal DMC, LLC ("DMC") to provide credit cardprocessing services to Medical, Physical Therapy, Surgical, PersonalTraining and Exercise Centers in the north New Jersey area. DMC is highlyconfident that it can capture a minimum of 10% of the current clientele ofDMC Athletics ... [full story]
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Those turning to entrepreneurship or freelancing as a means of surviving current economic troubles need an affordable way to accept credit card payments from customers. Even mobile business owners not operating in a regular home or office environment now have a payment processing option they can afford with merchant account services from www.ChargeOnPhone.com, which allows entrepreneurs to use their mobile ... [full story]
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Mutual Merchant Services, Inc.(PINKSHEETS: MUTM) (German WKN# A0Q8CV) is pleased to announce that it hassigned a contract with 1st Federal DMC, LLC ("DMC") to provide credit cardprocessing services to Medical, Physical Therapy, Surgical, PersonalTraining and Exercise Centers in the north New Jersey area. DMC is highlyconfident that it can capture a minimum of 10% of the current clientele ofDMC Athletics ... [full story]
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eBay have launched a new set of APIs to build Large Merchant Services (LMS) specifically designed to meet the integration needs of Large Merchant sellers. With the push towards recruiting Diamond PowerSellers existing tools simply don’t scale well for 10s or 100s of 1000s of listings. The developers announcement makes rather dry reading, but today we spoke to Eric ... [full story]
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Mutual Merchant Services (PINKSHEETS: MUTM) (German WKN# A0Q8CV) today announced that its current annualprocessing volume run rate of $88.5 million represents a robust 30%increase over January 2008. "While the total number of merchants who have chosen Mutual MerchantServices as their credit card processor has increased by 11% over the sameperiod of time, it is significant that average volume per account ... [full story]
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EBay quietly began offering a service Monday to help large merchants sell thousands of fixed-price products through eBay. The new program, Large Merchant Services, is still in the beta stage, according to eBay. It "provides an efficient way to process large numbers of transactions within the eBay Trading Platform." It also offers inventory management based on SKU numbers. ... [full story]
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Credit card merchants are a secure way through which companies can accept bank transfers, credit cards, debit cards and so forth. These merchants insure rapid payment to companies and give consumers the flexibility and convenience of making secure purchases with ease. They insure the privacy of all shared information so both the company and the consumer are protected. Making ... [full story]
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Fidelity National Information Services, Inc. (FIS), today announced the launch of Transax Merchant Services – an aggressively priced credit and debit card payment service designed to help businesses improve their margins and quality of service at the point of sale (POS). Transax Merchant Services is seen as an alternative to credit and debit card services traditionally offered by banks and, ... [full story]
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UniBul Merchant Services announced today the launch of its new Chargeback Manual. The Chargeback Manual was developed to help US-based merchants process transactions in a way that will minimize customer disputes and chargebacks. Its main goal is to educate merchants on the basics of charged-back transactions, why they occur, how they are processed, what the merchant’s responsibility is and what ... [full story]
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Mutual Merchant Services (PINKSHEETS: MUTM) (German WKN# A0Q8CV) today announced that, based on its last three months performance, the Company is operating an annual run rate of $83 million in processing volume. "It is our goal to achieve an annual processing volume run rate of over $200 million by the end of 2009," said Gil Gillis, CEO of Mutual ... [full story]
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fka Sage Global Solutions, Inc. todayannounced that it has acquired 1st Federal Financial, Inc. as a whollyowned subsidiary. As part of this transaction the former managementresigned and appointed T. A. Gillis as Director and President of MUTM. Mr. Gillis has moved quickly to implement a 1:400 reverse stock split ofthe common stock of the Company and secure funding of ... [full story]
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Unibul Merchant Services announced the planned launch of a new credit card processing program for merchants involved in timeshare advertising. A steady stream of emails and telephone calls from timeshare advertising companies has clearly indicated the fact that their payment processing needs were severely underserved. Communications have been dominated by three main issues: 1. Processing limits. 2. Processing ... [full story]
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Unibul Merchant Services announced the planned launch of a new credit card processing program for merchants involved in timeshare advertising. A steady stream of emails and telephone calls from timeshare advertising companies has clearly indicated the fact that their payment processing needs were severely underserved. Communications have been dominated by three main issues: 1. Processing limits. 2. Processing ... [full story]
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Elavon, a wholly owned subsidiary of US Bancorp, has acquired the merchant processing portfolio of Capital City Bank, a subsidiary of Capital City Bank Group, with 70 branches across Florida, Georgia and Alabama in the US. Elavon has said that this agreement extends its payment processing solutions to Capital City Bank's existing base of 2,200 merchants and will also ... [full story]
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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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