Thursday, February 25, 2010

Electrone Helps Merchant Service Providers Offer Merchants Affordable Credit Card Processing Terminals




HomeATM's PCI 2.0 Certified SafeTPIN PIN Entry Device
BOCA RATON, Fla., Feb. 25 /PRNewswire/ -- Electrone Americas Ltd., Co.'s highly affordable, non-proprietary EAL 8908 Credit Card Processing Terminal are now available to merchant service providers to offer merchants for their credit card processing needs. These units are ideal POS solutions for processing credit cards, debit cards, smart chip cards, gift cards, and other electronically-submitted retail transactions. Most significantly, as compared to similarly equipped credit card processing terminals on the market, Electrone's EAL 8908 is the best value for the money.



Ultimately, most new merchants choose their merchant service provider based almost solely on price. With the merchant service industry growing increasingly competitive and processors' profit margins remaining relatively small, one of the best ways for merchant service providers to heighten their competitiveness without slackening the quality of their overall service is to adapt to their software and network new credit card processing terminals that are well-equipped, but more reasonably-priced than their current ones. In terms of cost, ease of use, technological proficiency, and programmability Electrone's EAL 8908 Credit Card Processing Terminal is the ideal unit to help providers effectively economize their business.



Electrone's EAL 8908 has many useful, advanced, and adaptable features to help merchants meet the demands of today's retail environment. These features include a small footprint; fast 32-bit microprocessor; quiet thermal printer; ATM-style interface; large back-lit display; 4 separate SIM card slots (for wireless mobility); easy-press keys; and multiple connectivity options (Ethernet, modem, GSM, GPRS, and mini USB). Furthermore, since the EAL 8908 is non-proprietary, the credit card processing terminal can be programmed to work with virtually any merchant service provider's software and network.



Given their features and affordable price range, Electrone's EAL 8908 Credit Card Processing Terminals give merchant service providers an economic, all-in-one POS alternative to integrate with their merchant networks. With applications including integration with non-permanent POS systems (for merchants with seasonable businesses); as well as mobile POS systems for taxis and busy restaurants, Electrone's terminals can enhance credit card processing for even the most diverse merchant clientele.For further information on EAL 8908 Credit Card Processing Terminals and how they can help your business, please contact Electrone's POS specialist Gonzalo Perez via e-mail or call Electrone directly at 561-395-3398 Mon.-Fri. between 9AM and 5:30PM.

SOURCE Electrone Americas Ltd, Co.





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iFraud Fuels Rise in Scam iPhone Claims in UK

"iFraud" Fuels Rise in Scam Phone Claims



"Old" YORK, England, February 24, 2010 /PRNewswire/ -- Tech-savvy Brits are willing to make phoney claims on their mobiles in a bid to get their hands on the latest handset.



A new mobile phone industry report from life assistance company CPP(http://www.cpp.co.uk/), reveals the number of phones reported missing rose by 11 per cent between last May and June alone(1), coinciding with the release of the new iPhone 3G. This comes as one in twenty mobile users admits they'd be prepared to file a dishonest claim to get their hands on a new phone. And one in five Brits believes it's easier to steal a phone than buy a new one.



With the average resale value of an unlocked iPhone reaching GBP300 (2) the life assistance company warns that 'iFraudsters' could cash in with the release of the 4G handset, rumoured to hit the market in June 2010.



But while not all claims are fraudulent, phone theft remains a huge problem across the UK. Mobile users in some of the biggest UK cities should be particularly wary. Sheffield and Edinburgh came top of the phone theft hotspots in the UK with 20 per cent of people collectively having ever fallen victim. London (8 per cent of victims), Cardiff (6 per cent) and Liverpool (6 per cent) follow closely behind.



And it seems mobile users should closely guard their phones on Tuesday afternoons as that's the most likely time for handsets to be reported 'missing'.



A quarter of unfortunate victims who've had their phones stolen were pick-pocketed (24 per cent). A fifth had their phone lifted from a restaurant or pub table when their back was turned and one in twenty had their phones nicked from their office desks, showing that some work colleagues are also prepared to pinch (4 per cent).



Six in ten mobile-owners (59 per cent) acknowledge their phone is a target because it can be sold-on easily, but 24 per cent admit their own carelessness with phones.



Despite the latest mobile phone handsets costing hundreds of pounds, (63 per cent) have no mobile phone insurance and would be out of pocket should the worst happen. This is particularly worrying when the majority of victims (84 per cent) don't ever get their phone back once lost or stolen.



Danny Harrison, Head of Mobile at CPP(http://www.cpp.co.uk/), said: "The fact that we've seen a spike in claims when the iPhone 3G hit the market confirms that for some, making a fraudulent claim is an easy way to get their hands on the latest handset.



"It may be tempting to submit a false claim, especially when so many new valuable handsets are hitting the market. But people need to be aware that it is illegal to report a lost phone as stolen property and it could result in a police conviction. We urge all mobile users to be alert to the methods that desperate criminals can resort to, to keep their mobiles secure when going out to prevent theft and avoid being careless and losing them unnecessarily."





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One World Ventures, Inc. Signs Contract With eCommLink to Deliver Prepaid Solutions Worldwide






Click to Visit OWV Corporate Website
LAS VEGAS, NV--(Marketwire - February 25, 2010) - One World Ventures, Inc. (PINKSHEETS: OWVI) announced today that it has signed a Master Services Agreement with eCommLink, Inc., a leading value-added prepaid processor.



The relationship supports One World Ventures' business model to develop and deploy a wide range of prepaid card solutions worldwide. The company's reloadable prepaid debit card, the 1World Card, will allow consumers without formal banking relationships to avoid the high costs of check cashing and money order fees.



The signing of the MSA is the most substantial piece of the 1World Card solution and represents the culmination of months of work to assure that the 1World Card will be a leader in the debit card market. The 1World Card features include direct deposit, bill pay and money transfer services and will interface with international partners to provide low cost remittance for cardholders.



"The adaptive nature of eCommLink's prepaid processing platform enables us to expand our channels throughout the world," Steve Prior, CEO of One World Ventures, Inc., stated. "Through this association we have the key component that enables us to provide the unbanked and underserved population with a secure and convenient means to conduct essential financial transactions."



About One World Ventures, Inc.



One World Ventures, Inc. (1worldventures.net) is a holding company with management resourced in Asia and the United States that invests in technologies, communities and systems that facilitate trade, finance, communication and travel across international boundaries, cultures and languages.



About eCommLink, Inc.



eCommLink, Inc. (www.ecommlink.com) enables program managers and financial institutions to maximize revenue from their prepaid debit programs. The company's flexible prepaid processing platform, innovative features and industry experience allow clients to create customized prepaid programs for their specific markets while ensuring quality, security and time to market. eCommLink supports the full array of prepaid debit programs, including general spend, payroll, teen, gift, travel, government and loyalty cards.




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Tempo Named CODiE Award Finalist




Click to Visit Tempo's Corporate Website
SOURCE: Tempo



Affinity Debit Platform Selected for Best Open Source Solution Category



SAN MATEO, CA--(Marketwire - February 25, 2010) - Tempo announced that it has been selected as a finalist for the 2010 Software & Information Industry Association (SIIA) CODiE Awards in the "Best Open Source Solution" category.



Tempo's affinity debit platform was built entirely using open source software and enables consumers to design and apply for affinity debit cards online. Awarded annually by the SIIA, the principal trade association for the software and digital content industries, the CODiEs represent excellence in the software and digital content industries.



Tempo's platform makes it easy for organizations to offer affinity debit cards and provides a web portal for consumers to apply for and activate cards, as well as track purchases and rewards. The cards are unique because they can be provided by any business or non-profit, connect to a consumer's existing bank account and run on a major payment network.



"We're honored by the CODiE selection," said Tempo CEO Mike Grossman. "We exclusively use open source software to create a unique and innovative solution that is revolutionizing the debit card market by enabling affinity partners to offer consumers easy access to rewards-based cards without having to change their checking accounts."



Organizations that are offering Tempo-powered affinity debit card programs include the Breast Cancer Fund, Dogster, Greenpeace, In Defense of Animals, Surfrider Foundation and World Emergency Relief. The cards are issued by Tempo partner First Bank & Trust of Brookings, SD, part of Fishback Financial Corporation. Working with First Bank & Trust, Tempo manages all aspects of card issuance, including risk management, application processing, card fulfillment, authorization and settlement.



About Tempo



Tempo is the leader in enabling organizations to quickly and easily offer affinity and co-branded debit cards to their customers, contributors and members. The open loop cards are rewards-based, partner-branded, and linked to the consumer's existing checking account. Tempo provides its affinity partners with a Web-based platform that makes it easy to launch and market co-branded debit programs. The partners benefit by generating new revenue, and building loyalty through the delivery of enhanced cardholder value. Tempo is privately held and is headquartered in San Mateo, CA. For additional information, visit www.tempo.com.





Parkmobile USA, Inc. Introduces Pay by Phone Parking in Albuquerque

With the launch of Parkmobile, residents and visitors to Albuquerque are now able to conduct their parking transactions by mobile phone.



ALBUQUERQUE, N.M.
, Feb. 25 /PRNewswire/ -- Parkmobile USA, Inc. announced today a revolutionary new service that will allow residents and visitors to Albuquerque to save time and money by using their mobile phone to pay for parking.





"Parkmobile is very excited to launch our Pay by Phone parking service in Albuquerque," said Albert Bogaard, CEO of Parkmobile USA, Inc.  



"With this technology, customers no longer have to search for change or estimate the time needed at their destination.  The Pay by Phone service is an example of another technology that can make our lives easier and more efficient."



To use the service, motorists can register by calling toll-free, 877-PARK-715, visiting www.parkmobile.com/us or download our mobile application at www.parkmobileapp.com.



After setting up the account, customers can immediately start using the system with their registered mobile phone. Motorists also can select the option to receive text message alerts and reminders fifteen minutes before their time expires.  (Editor's Note:  I like this idea.  It serves an excellent niche.  I'm sure the application can be tweaked to allow for an  "auto-pay" (pun intended) option.  Auto-Pay's timer would activate when the meter is at "T Minus Ten Seconds" buy another 15 minutes and then send an SMS informing the user they have an extra 15 minutes...would they like to make it 30/45/60? 



Albuquerque
is Parkmobile's first location in the New Mexico area. Pay by Phone parking service is scheduled to begin March 1, 2010. For additional information, please visit: www.parkmobile.com/us .



About Parkmobile


Parkmobile is a leading global provider of seamlessly integrated end-to-end solutions for electronic parking. The firm's product offerings include cashless mobile payments for on and off street parking, digital permits, electronic enforcement and congestion charging systems.

SOURCE Parkmobile USA, Inc.





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Bottomline Technologies Expands PayMode® Payment Network Acquires BofA Travel Commission Payments Service

Bottomline Acquires Bank of America’s Travel Commission Payments Service


PORTSMOUTH, N.H.--(BUSINESS WIRE)--Bottomline Technologies (NASDAQ: EPAY) today announced it is expanding its payment network by acquiring the travel commission payments service of Bank of America (NYSE: BAC). Bottomline will serve these travel clients through PayMode®, the market-leading electronic network for payment and invoice automation that Bottomline acquired from Bank of America last year.



More than two dozen major travel and hospitality companies and tens of thousands of travel agents around the world use the Bank of America travel commission payments service for commission payments, remittance and reporting. These clients will upgrade to PayMode, the world’s fastest-growing business-to-business payment network, later this year.



This acquisition builds on the strategic work Bank of America and Bottomline have forged to leverage the strengths and technologies of each. Under the agreement, Bank of America will continue to provide commission service to clients until their transition to PayMode. Clients will receive the same levels of customer service and functionality they’re accustomed to, as well as gaining robust remittance reporting, enhanced delivery capabilities, and the ability to pay other suppliers within PayMode’s network of more than 90,000 members.



“We believe these travel and hospitality industry companies and the agents that book for them will be pleased with the commission payments services Bottomline Technologies will provide them,” said Bob Johnston, senior vice president and product management executive at Bank of America. “Working with Bottomline over the years as a provider of technology to the bank has given us confidence in its ability to deliver solutions that add value for clients.”



“We look forward to welcoming these new clients to Bottomline and are fully committed to their success,” said Rob Eberle, chief executive officer at Bottomline Technologies. “The acquisition of this travel commission payments service provides a natural extension of our Paymode platform’s capabilities and is another important milestone in our long relationship with Bank of America.”



Until the transition is complete, projected for late 2010, Bank of America will continue to provide service to the travel commission clients. Financial terms of the arrangement were not disclosed.



About Bank of America



Bank of America is one of the world's largest financial institutions, serving individual consumers, small- and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. The company provides unmatched convenience in the United States, serving approximately 59 million consumer and small business relationships with 6,000 retail banking offices, more than 18,000 ATMs and award-winning online banking with nearly 30 million active users. Bank of America is among the world's leading wealth management companies and is a global leader in corporate and investment banking and trading across a broad range of asset classes serving corporations, governments, institutions and individuals around the world. Bank of America offers industry-leading support to more than 4 million small business owners through a suite of innovative, easy-to-use online products and services. The company serves clients in more than 150 countries. Bank of America Corporation stock (NYSE: BAC) is a component of the Dow Jones Industrial Average and is listed on the New York Stock Exchange.



About Bottomline Technologies




Bottomline Technologies (NASDAQ: EPAY) provides collaborative payment, invoice and document automation solutions to corporations, financial institutions and banks around the world. The company’s solutions are used to streamline, automate and manage processes involving payments, invoicing, global cash management, supply chain finance and transactional documents. Organizations trust these solutions to meet their needs for cost reduction, competitive differentiation and optimization of working capital. Headquartered in the United States, Bottomline also maintains offices in Europe and Asia-Pacific. For more information, visit www.bottomline.com.



Bottomline Technologies, Paymode and the BT logo are trademarks of Bottomline Technologies (de), Inc. which may be registered in certain jurisdictions. All other brand/product names are trademarks of their respective holders. .





Plastic Cash International, LLC Partners with MasterCard Worldwide to Offer MYPLASH Prepaid Cards

PURCHASE, N.Y. and LOS ANGELES, Feb. 24 /PRNewswire/ -- Plastic Cash International, LLC and MasterCard Worldwide, two of the prepaid industry's most prominent players, today announced a brand-exclusive partnership to offer MYPLASH open-loop prepaid gift cards and reloadable prepaid gift cards starting summer 2010. MYPLASH prepaid cards, Plastic Cash International's teen prepaid brand, were previously Visa-branded and are the world's largest teen branded prepaid product. As part of the launch this summer, MYPLASH will also be expanding its existing roster of the hottest music artists, action sports athletes and lifestyle brands to include pop culture icon Paul Frank, action sports sensation TapouT, legendary surfing brand Rip Curl and dozens more.



"We are extremely excited to be working with MasterCard again, where our MYPLASH brand got its start. As the teen prepaid and gift card market continues to experience tremendous growth, we felt it was the right time for us to return to MasterCard to collaborate and share expertise to get this much needed financial tool into the market and directly into the hands of teens and young adults," said Brian Newberry, CEO of Plastic Cash International. "MasterCard definitely shares Plastic Cash International's goals for the future of MYPLASH. Both organizations have a common vision to remain the teen prepaid market leader, facilitate teen financial responsibility and offer parents greater convenience and security. And, above all, to do it in an innovative and 'cool' way that today's young people can relate to."



"As a global leader in prepaid, MasterCard has aggressively focused its resources and expertise to develop innovative products and work with world-class partners that help create a competitive advantage," said Laura Kelly, Senior Vice President, Global Prepaid & Healthcare Solutions, MasterCard Worldwide. "Working with Plastic Cash International on MYPLASH prepaid cards enables us to meet the needs of today's teen market by appealing to their individual styles, personalities and preferences, while also promoting financial literacy and responsibility for young consumers and their parents."



Together with MasterCard Worldwide, Plastic Cash International will be developing additional product attributes to continue to enable teenagers to budget, save and spend effectively, while offering parents a convenient platform to manage their teens' spending. MYPLASH MasterCard products will be available summer 2010, for use at all locations where MasterCard is accepted.



About MasterCard



MasterCard Worldwide advances global commerce by providing a critical economic link among financial institutions, businesses, cardholders and merchants worldwide. As a franchisor, processor and advisor, MasterCard develops and markets payment solutions, processes approximately 22 billion transactions each year, and provides industry-leading analysis and consulting services to financial-institution customers and merchants. Powered by the MasterCard Worldwide Network and through its family of brands, including MasterCard®, Maestro® and Cirrus®, MasterCard serves consumers and businesses in more than 210 countries and territories. For more information go to www.mastercard.com.



About Plastic Cash International, LLC



Creator and marketer of the MYPLASH Prepaid Product brand, Plastic Cash International, LLC has emerged as the largest teen branded prepaid card company in the world. Co-branded with MasterCard and sold nationwide, MYPLASH has distinguished itself from competing prepaid cards with unparalleled, product offerings and consumer loyalty, as well as establishing a way to connect with teenagers. As teens and young adults continue to turn to online outlets for their shopping, banking and gaming, MYPLASH helps to make these activities and purchases safer and easier by maintaining all the advantages of using cash or a checking account, without the associated risks. MYPLASH cards are not linked to personal bank accounts or sensitive information, therefore eliminating overdraft fees, negative balance charges and the risk of identity theft. With exclusive branded content and discounts, MYPLASH truly connects with teens and young adults in a "cool" and relevant way, filling the void long left empty in this market. For parents, MYPLASH finally delivers increased security and convenience with a fresh way to get teens to pay attention to, and manage their finances. For more information go to www.myplash.com. Follow us on Twitter:@mypla$h.SOURCE MasterCard Worldwide

.





Visa Inc. Announces Investor Day

SAN FRANCISCO, Feb. 25 /PRNewswire-FirstCall/ -- Visa Inc. (NYSE: V) today announced that it will host an Investor Day on Thursday, March 11, 2010, in San Francisco. Members of Visa's executive management team will present the company's strategic goals, product initiatives, and key milestones, as well as review the company's financials.









A live webcast of the meeting will begin at 8:00 a.m. Pacific Time and end at approximately 5:00 p.m. Pacific Time.  All interested parties may access the event on the Internet at http://investor.visa.com. A replay of the webcast will be available approximately 24 hours following the completion of the meeting and will be archived for 30 days.



About Visa:
Visa operates the world's largest retail electronic payments network providing processing services and payment product platforms. This includes consumer credit, debit, prepaid and commercial payments, which are offered under the Visa, Visa Electron, Interlink and PLUS brands. Visa enjoys unsurpassed acceptance around the world and Visa/PLUS is one of the world's largest global ATM networks, offering cash access in local currency in more than 170 countries.  For more information, visit www.corporate.visa.com.








Contacts:


Victoria Hyde-Dunn, Investor Relations


Visa Inc.


Tel: +1 415 932 2213


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