Visa Eases up on Triple DES Deadline in Face of ‘Migration Challenges’

(May 28, 2010) Visa Inc. has “relaxed enforcement” of the July 1, 2010, deadline for petroleum retailers to install software that meets the so-called Triple Data Encryption Standard (also called 3DES or TDES) in response to requests from the major oil companies, including ExxonMobil, the card network said in a statement released this week. While the July 1 deadline remains in effect, “Visa will provide some flexibility regarding non-compliance fines for certain acceptance segments, but will continue to encourage full compliance as quickly as possible by working closely with acquirers in managing the TDES migration plans,” Visa said in the statement. Continue Reading

Visa Eases up on Triple DES Deadline in Face of ‘Migration Challenges’

(May 28, 2010) Visa Inc. has “relaxed enforcement” of the July 1, 2010, deadline for petroleum retailers to install software that meets the so-called Triple Data Encryption Standard (also called 3DES or TDES) in response to requests from the major oil companies, including ExxonMobil, the card network said in a statement released this week. While the July 1 deadline remains in effect, “Visa will provide some flexibility regarding non-compliance fines for certain acceptance segments, but will continue to encourage full compliance as quickly as possible by working closely with acquirers in managing the TDES migration plans,” Visa said in the statement. Continue Reading

Gift Cards Hit Facebook(R) Platform With Virtual and Mobile Gift Cards By Transaction Wireless

Innovative Service Makes Gifting Instant and Personalized for Leading Retailers on Social Network Site, Launches with Bass Pro Shops, America's Premier Outdoor Retailer

SAN DIEGO, May 27 /PRNewswire/ -- Transaction Wireless™ (TW), leading provider of virtual and mobile gift cards, today launched a new gift card solution for social gifting. TW's gift card "store" built on Facebook Platform allows friends – especially ones who routinely count on Facebook's birthday reminders – to create fun, customizable messages with instant delivery or a time-select option to arrive during a party, event or other special occasion. The card is delivered directly to the "always with you" mobile phone and an email address for printing options.  Best of all, gifting on Facebook Platform increases the fun factor of social media and also helps ensure important birthdays and anniversaries are never forgotten.

TW's Facebook application is available immediately and is launching with Bass Pro Shops, America's premier outdoor retailer. Gift recipients don't have to be on Facebook to receive the card – delivery is made to mobile, email and via Facebook, simultaneously – catching the birthday boy, bride, recent grad and more wherever they happen to be.  The application can be seen at http://transactionwireless.com/basspro/

"Gifting on Facebook is super convenient and easy but until now the gifts have been virtual or a gift that must be delivered – taking days in the mail to arrive and with extra shipping expenses," said Bruce Springer, president and CEO, Transaction Wireless. "With our Facebook store offering, the delivery is instant, totally customizable with voice, video or text messages and, if you choose, you can announce to the rest of your friends on Facebook what you've just sent or received."

While consumers enjoy the ease of use and unique customization features, retailers benefit from being able to offer their gift cards on their Facebook Pages with virtually no ramp up time or dedicated resources and can tailor messages to leverage the viral marketing aspects of social gifting and Facebook's more than 400 million active users. Millions of Facebook users return to the site each day, providing unparalleled distribution potential for applications and the opportunity to build a business that is highly relevant to people's lives.

"Our gift card platform solutions have been incredibly well received by retailers," continued Springer. "The willingness to add virtual and mobile card offerings for their customers is growing quickly, especially with our turnkey program that can be implemented in minutes without a need for significant resources or costly integration fees. In this economic climate, retailers can now take their gifting and marketing programs to the next level with the incredibly robust Facebook community.  More than 1.5 million businesses have an active presence on Facebook and this is a great way to monetize those relationships."

When retailers sign up for TW's turnkey program, installation is a matter of minutes since no retail resources are needed for implementation. A gift card tab is immediately added to the corporate Facebook fan page or corporate website, allowing consumers to quickly send virtual gift cards via email or text message, as well as traditional plastic, redeemable both online and in-store.  TW's proprietary technology allows for fully customizable virtual/mobile cards with audio, video, text and pictures.  With the Facebook application, the gifting experience is fully integrated into wall posts, news feeds, photo albums and friend lists, giving almost unlimited customization options and making each gift card purchase an "event" in and of itself.  Recipients aren't required to be a part of Facebook however, so customizable gifts can be sent directly to any email address or mobile phone.

Retailers are able to customize and brand their storefront with unlimited card art and images, create tailored marketing campaigns with each gift purchased and reward their valued customers on Facebook fan pages.  By using the virtual or mobile solution, retailers can also realize significant cost savings – eliminating production, postage and packaging of plastic cards.  While TW does continue to support retailers' plastic card offerings, the virtual/email options allow for instantaneous delivery and customization.

About Transaction Wireless

Transaction Wireless (TW) is a mobile commerce, payment and one-to-one relationship marketing company enabling a unique link between consumers, retailers and brands via any PC or mobile device leveraging TW's proprietary technologies.  With unparalleled solutions, Transaction Wireless' product portfolio includes wGiftCard, a suite of solutions for the next generation of gift cards and stored value programs delivered to any mobile phone or email; wConnect, a multimedia mobile messaging platform that can extend any brands' marketing programs to the mobile phone or PC; wCharge, a small merchant mobile POS credit card terminal; and a turnkey Facebook social gifting service. The Company is headquartered in San Diego, California. More information can be found at www.transactionwireless.com.

Facebook® is a registered trademark of Facebook Inc.

SOURCE Transaction Wireless

Gift Cards Hit Facebook(R) Platform With Virtual and Mobile Gift Cards By Transaction Wireless

Innovative Service Makes Gifting Instant and Personalized for Leading Retailers on Social Network Site, Launches with Bass Pro Shops, America's Premier Outdoor Retailer

SAN DIEGO, May 27 /PRNewswire/ -- Transaction Wireless™ (TW), leading provider of virtual and mobile gift cards, today launched a new gift card solution for social gifting. TW's gift card "store" built on Facebook Platform allows friends – especially ones who routinely count on Facebook's birthday reminders – to create fun, customizable messages with instant delivery or a time-select option to arrive during a party, event or other special occasion. The card is delivered directly to the "always with you" mobile phone and an email address for printing options.  Best of all, gifting on Facebook Platform increases the fun factor of social media and also helps ensure important birthdays and anniversaries are never forgotten.

TW's Facebook application is available immediately and is launching with Bass Pro Shops, America's premier outdoor retailer. Gift recipients don't have to be on Facebook to receive the card – delivery is made to mobile, email and via Facebook, simultaneously – catching the birthday boy, bride, recent grad and more wherever they happen to be.  The application can be seen at http://transactionwireless.com/basspro/

"Gifting on Facebook is super convenient and easy but until now the gifts have been virtual or a gift that must be delivered – taking days in the mail to arrive and with extra shipping expenses," said Bruce Springer, president and CEO, Transaction Wireless. "With our Facebook store offering, the delivery is instant, totally customizable with voice, video or text messages and, if you choose, you can announce to the rest of your friends on Facebook what you've just sent or received."

While consumers enjoy the ease of use and unique customization features, retailers benefit from being able to offer their gift cards on their Facebook Pages with virtually no ramp up time or dedicated resources and can tailor messages to leverage the viral marketing aspects of social gifting and Facebook's more than 400 million active users. Millions of Facebook users return to the site each day, providing unparalleled distribution potential for applications and the opportunity to build a business that is highly relevant to people's lives.

"Our gift card platform solutions have been incredibly well received by retailers," continued Springer. "The willingness to add virtual and mobile card offerings for their customers is growing quickly, especially with our turnkey program that can be implemented in minutes without a need for significant resources or costly integration fees. In this economic climate, retailers can now take their gifting and marketing programs to the next level with the incredibly robust Facebook community.  More than 1.5 million businesses have an active presence on Facebook and this is a great way to monetize those relationships."

When retailers sign up for TW's turnkey program, installation is a matter of minutes since no retail resources are needed for implementation. A gift card tab is immediately added to the corporate Facebook fan page or corporate website, allowing consumers to quickly send virtual gift cards via email or text message, as well as traditional plastic, redeemable both online and in-store.  TW's proprietary technology allows for fully customizable virtual/mobile cards with audio, video, text and pictures.  With the Facebook application, the gifting experience is fully integrated into wall posts, news feeds, photo albums and friend lists, giving almost unlimited customization options and making each gift card purchase an "event" in and of itself.  Recipients aren't required to be a part of Facebook however, so customizable gifts can be sent directly to any email address or mobile phone.

Retailers are able to customize and brand their storefront with unlimited card art and images, create tailored marketing campaigns with each gift purchased and reward their valued customers on Facebook fan pages.  By using the virtual or mobile solution, retailers can also realize significant cost savings – eliminating production, postage and packaging of plastic cards.  While TW does continue to support retailers' plastic card offerings, the virtual/email options allow for instantaneous delivery and customization.

About Transaction Wireless

Transaction Wireless (TW) is a mobile commerce, payment and one-to-one relationship marketing company enabling a unique link between consumers, retailers and brands via any PC or mobile device leveraging TW's proprietary technologies.  With unparalleled solutions, Transaction Wireless' product portfolio includes wGiftCard, a suite of solutions for the next generation of gift cards and stored value programs delivered to any mobile phone or email; wConnect, a multimedia mobile messaging platform that can extend any brands' marketing programs to the mobile phone or PC; wCharge, a small merchant mobile POS credit card terminal; and a turnkey Facebook social gifting service. The Company is headquartered in San Diego, California. More information can be found at www.transactionwireless.com.

Facebook® is a registered trademark of Facebook Inc.

SOURCE Transaction Wireless

YESpay and CCR Systems ‘Graduate’ the Payment Model at LGoS

YESpay International has worked with CCR Systems, to provide Liverpool Guild of Students with an integrated EPOS payment solution that resolves the problems of slow transaction processing, lowering customer turnover and sub-optimal utilisation of tills.



London, UK (PRWeb UK/PRWEB ) May 28, 2010 -- YESpay International has worked with CCR Systems, to provide Liverpool Guild of Students with an integrated EPOS payment solution that resolves the problems of slow transaction processing, lowering customer turnover and sub-optimal utilisation of tills.

Working with YESpay and CCR has been an absolute pleasure, no problem seems to be too big, and the staff at both organisations has been superb.

As in many retail environments, the Liverpool Guild of Students was facing delays in processing consumer requests and carrying out simultaneous card payment transactions across the tills as a result of slow bank rented credit and debit card terminals. With growing consumer traffic, queues resulting from increased frequency of visits and incorrect manual entries of amounts were leading to customer dissatisfaction.

Discussing the rollout at LGoS, Adi Shakalya, Senior Sales Executive at YESpay International said, “The use of bank owned terminals and sharing a single phone line across multiple tills limited the number of transactions that the Guild could process, slowed down the queues and cost LGoS a lot more on a per transaction basis. YESpay’s EMBOSS service eliminates the need to rekey any transaction values as the payment service is fully integrated with CCR’s EPOS application. In addition, the speed of transaction authorisation is much better because we use IP for processing the transaction requests which can now be completed in less than 3-5 seconds, about 5 times faster than standalone terminals”.

George Gunnery, MD of Merseyside based CCR systems states, “We have been providing EPOS solutions to various stores and restaurants for over two decades, YESpay has cleverly resolved LGoS’s problem of long waits and entry errors that had become commonplace in the retail environment, thus making the whole shopping experience far more enjoyable and painless for both the parties involved.”

Mark Vyse, Liverpool Guild of Students says, “For our 16 point of sale terminals, we wanted to use the best solutions that would help us carry out fast transactions in a very easy and intuitive way and we got what we needed; Working with YESpay and CCR has been an absolute pleasure, no problem seems to be too big, and the staff at both organisations has been superb.”



About YESpay International Limited:

YESpay, a global card payments service company, provides highly secure Internet, EMV Chip & PIN, contactless and gift card payment processing services to independent and multi-chain merchants. Through EMBOSS™, the YESpay Managed Payment Service, merchants can quickly accept integrated card payments within EPOS, kiosks, hospitality and e-commerce systems with minimal capital investment and low on-going services costs. EMBOSS is an on-line IP-based payment processing service that has been generically pre-accredited by major Card Acquirers in Europe and

North America (including Chase Paymentech, First Data Merchant Service (FDMS), Barclaycard Business, HSBC, HBOS, Lloyds Cardnet, Streamline, Ulster Bank, Elavon, PBS, Amex and Diners). In addition, the YESpay EMBOSS service is fully end to end certified to Payment Card Industry Data Security Standards (PCI DSS) Level 1 as mandated by Visa and MasterCard. The YESpay EasyV-Suite of card payment products is innovative and cost-effective for EPOS, Kiosk, Hospitality, Mobile and Internet environments. With the YESpay EMBOSS card payment service, merchants can perform card payments in both card-present and card-not-present environments.

www.yes-pay.com

YESpay International Ltd Offices:

UK Headquarters: Checknet House, 153 East Barnet Road, Barnet, EN48QZ, UK

133 Richmond Street West, Suite 406, Toronto, ONTARIO, M5H2L3 CANADA

UK/Europe Telephone: +44 – 203 – 006 – 3790

USA/Canada Telephone: +1 – 416 – 214 - 6012

PR Contact: Antonia Mitsana, Marketing Manager, +44-203-006-3790 ext. 227

antonia(dot)mitsana(at)yes-pay(dot)com

ABOUT CCR

CCR Systems (Northern) Ltd. have been operating from their premises in New Ferry, Wirral, Merseyside, since 1982 supplying, installing and maintaining EPOS system to the hospitality and retail trade. We are dealers for the UNIWELL range of cash registers, EPOS systems and PC based terminals. The trend in the industry is for even more sophisticated systems and CCR Systems have been keeping up with the advancement in technology.

PR Contact: Mr. George Gunnery, Director, +44-151-644-8296

George(at)ccrsystems(dot)co(dot)uk

###

YESpay and CCR Systems ‘Graduate’ the Payment Model at LGoS

YESpay International has worked with CCR Systems, to provide Liverpool Guild of Students with an integrated EPOS payment solution that resolves the problems of slow transaction processing, lowering customer turnover and sub-optimal utilisation of tills.



London, UK (PRWeb UK/PRWEB ) May 28, 2010 -- YESpay International has worked with CCR Systems, to provide Liverpool Guild of Students with an integrated EPOS payment solution that resolves the problems of slow transaction processing, lowering customer turnover and sub-optimal utilisation of tills.

Working with YESpay and CCR has been an absolute pleasure, no problem seems to be too big, and the staff at both organisations has been superb.

As in many retail environments, the Liverpool Guild of Students was facing delays in processing consumer requests and carrying out simultaneous card payment transactions across the tills as a result of slow bank rented credit and debit card terminals. With growing consumer traffic, queues resulting from increased frequency of visits and incorrect manual entries of amounts were leading to customer dissatisfaction.

Discussing the rollout at LGoS, Adi Shakalya, Senior Sales Executive at YESpay International said, “The use of bank owned terminals and sharing a single phone line across multiple tills limited the number of transactions that the Guild could process, slowed down the queues and cost LGoS a lot more on a per transaction basis. YESpay’s EMBOSS service eliminates the need to rekey any transaction values as the payment service is fully integrated with CCR’s EPOS application. In addition, the speed of transaction authorisation is much better because we use IP for processing the transaction requests which can now be completed in less than 3-5 seconds, about 5 times faster than standalone terminals”.

George Gunnery, MD of Merseyside based CCR systems states, “We have been providing EPOS solutions to various stores and restaurants for over two decades, YESpay has cleverly resolved LGoS’s problem of long waits and entry errors that had become commonplace in the retail environment, thus making the whole shopping experience far more enjoyable and painless for both the parties involved.”

Mark Vyse, Liverpool Guild of Students says, “For our 16 point of sale terminals, we wanted to use the best solutions that would help us carry out fast transactions in a very easy and intuitive way and we got what we needed; Working with YESpay and CCR has been an absolute pleasure, no problem seems to be too big, and the staff at both organisations has been superb.”



About YESpay International Limited:

YESpay, a global card payments service company, provides highly secure Internet, EMV Chip & PIN, contactless and gift card payment processing services to independent and multi-chain merchants. Through EMBOSS™, the YESpay Managed Payment Service, merchants can quickly accept integrated card payments within EPOS, kiosks, hospitality and e-commerce systems with minimal capital investment and low on-going services costs. EMBOSS is an on-line IP-based payment processing service that has been generically pre-accredited by major Card Acquirers in Europe and

North America (including Chase Paymentech, First Data Merchant Service (FDMS), Barclaycard Business, HSBC, HBOS, Lloyds Cardnet, Streamline, Ulster Bank, Elavon, PBS, Amex and Diners). In addition, the YESpay EMBOSS service is fully end to end certified to Payment Card Industry Data Security Standards (PCI DSS) Level 1 as mandated by Visa and MasterCard. The YESpay EasyV-Suite of card payment products is innovative and cost-effective for EPOS, Kiosk, Hospitality, Mobile and Internet environments. With the YESpay EMBOSS card payment service, merchants can perform card payments in both card-present and card-not-present environments.

www.yes-pay.com

YESpay International Ltd Offices:

UK Headquarters: Checknet House, 153 East Barnet Road, Barnet, EN48QZ, UK

133 Richmond Street West, Suite 406, Toronto, ONTARIO, M5H2L3 CANADA

UK/Europe Telephone: +44 – 203 – 006 – 3790

USA/Canada Telephone: +1 – 416 – 214 - 6012

PR Contact: Antonia Mitsana, Marketing Manager, +44-203-006-3790 ext. 227

antonia(dot)mitsana(at)yes-pay(dot)com

ABOUT CCR

CCR Systems (Northern) Ltd. have been operating from their premises in New Ferry, Wirral, Merseyside, since 1982 supplying, installing and maintaining EPOS system to the hospitality and retail trade. We are dealers for the UNIWELL range of cash registers, EPOS systems and PC based terminals. The trend in the industry is for even more sophisticated systems and CCR Systems have been keeping up with the advancement in technology.

PR Contact: Mr. George Gunnery, Director, +44-151-644-8296

George(at)ccrsystems(dot)co(dot)uk

###

AIMsi Delivers Encrypted Swipe Security to Retailers

  

Secure Payment Processing Solution Delivered Through Partnership With PPI

DUBUQUE, IA--(Marketwire - May, 2010) -  Tri-Technical Systems, Inc., a leading developer of retail point-of-sale software, announces the integration of Point-2-Point Security from Payment Processing, Inc. with AIMsi point-of-sale software. To date, the PA-DSS validated solution with encrypted swipe has been deployed to 24 retail customers.

To ensure the merchant's POS system never handles clear text cardholder data, the solution integrates seamlessly with the PPI PayMover hosted payment service and utilizes Magtek's MagnaSafe technology using open standards technology to encrypt credit card track data within the reader. Encrypted track data is decrypted upon reaching PPI PayMover, which communicates with the processor in a secure manner and returns the transaction status to the POS.

"Ensuring that our customers mitigate their risk for a data breach is key," commented Paul Acton, President of Tri-Technical Systems. "Our partnership with Payment Processing, Inc. enables us to provide secure and reliable payment processing solutions that integrate seamlessly with our point of sale software."

Compliant with the global security standard created by the Payment Card Industry Security Standards Council, AIMsi V9 is a validated Payment Data Security Standard (PA-DSS) application. AIMsi is a comprehensive retail point of sale software that not only performs basic functions like tracking inventory, managing customers and processing sales but also can be customized to meet the unique needs of business through add-on modules including Repair & Service tracking, Lesson Scheduling, Short Term Rentals, Rent and Sales Contracts, Contact Management, Emailing capabilities and a Time Scheduler.

"Partners like Tri-Technical Systems are actively deploying secure payment processing solutions that go beyond the basic requirements of PCI Compliance," stated Chuck Riegel, PPI's Executive Vice President. "Their ability to successfully implement encrypted swipe solutions validates that next-generation payment security is now readily available."

About Tri-Technical Systems Inc. Since it foundation in 1984, Tri-Technical Systems has become an industry leader in providing POS and business software solutions to retailers. Today, over 4,000 retailers across the United States and Canada are growing their businesses with greater efficiency and more profitably with the help of Tri-Tech's product suite.

About Payment Processing, Inc. Since 1995, PPI has been partnering with software developers and their customers, delivering nothing less than robust, stable, fully supported and profitable integrated payment solutions. In 2009, PPI processed in excess of $5.5 billion in Visa^® and MasterCard^® payments. We provide developers with a full range of in-house services for building and promoting integrated payment solutions, including PPI-developed hosted payment services, integration support, customer support, marketing assistance and PA-DSS/PCI DSS security services. It's why more than 1,300 partners and nearly 40,000 businesses have selected Payment Processing, Inc. as their dedicated payment professionals. Learn more at www.paypros.com.

To learn more about Point-2-Point Security and PCI compliance, visit www.freePCIscore.com, call 510.795.2290 or email partnerships@paypros.com.

AIMsi Delivers Encrypted Swipe Security to Retailers

  

Secure Payment Processing Solution Delivered Through Partnership With PPI

DUBUQUE, IA--(Marketwire - May, 2010) -  Tri-Technical Systems, Inc., a leading developer of retail point-of-sale software, announces the integration of Point-2-Point Security from Payment Processing, Inc. with AIMsi point-of-sale software. To date, the PA-DSS validated solution with encrypted swipe has been deployed to 24 retail customers.

To ensure the merchant's POS system never handles clear text cardholder data, the solution integrates seamlessly with the PPI PayMover hosted payment service and utilizes Magtek's MagnaSafe technology using open standards technology to encrypt credit card track data within the reader. Encrypted track data is decrypted upon reaching PPI PayMover, which communicates with the processor in a secure manner and returns the transaction status to the POS.

"Ensuring that our customers mitigate their risk for a data breach is key," commented Paul Acton, President of Tri-Technical Systems. "Our partnership with Payment Processing, Inc. enables us to provide secure and reliable payment processing solutions that integrate seamlessly with our point of sale software."

Compliant with the global security standard created by the Payment Card Industry Security Standards Council, AIMsi V9 is a validated Payment Data Security Standard (PA-DSS) application. AIMsi is a comprehensive retail point of sale software that not only performs basic functions like tracking inventory, managing customers and processing sales but also can be customized to meet the unique needs of business through add-on modules including Repair & Service tracking, Lesson Scheduling, Short Term Rentals, Rent and Sales Contracts, Contact Management, Emailing capabilities and a Time Scheduler.

"Partners like Tri-Technical Systems are actively deploying secure payment processing solutions that go beyond the basic requirements of PCI Compliance," stated Chuck Riegel, PPI's Executive Vice President. "Their ability to successfully implement encrypted swipe solutions validates that next-generation payment security is now readily available."

About Tri-Technical Systems Inc. Since it foundation in 1984, Tri-Technical Systems has become an industry leader in providing POS and business software solutions to retailers. Today, over 4,000 retailers across the United States and Canada are growing their businesses with greater efficiency and more profitably with the help of Tri-Tech's product suite.

About Payment Processing, Inc. Since 1995, PPI has been partnering with software developers and their customers, delivering nothing less than robust, stable, fully supported and profitable integrated payment solutions. In 2009, PPI processed in excess of $5.5 billion in Visa^® and MasterCard^® payments. We provide developers with a full range of in-house services for building and promoting integrated payment solutions, including PPI-developed hosted payment services, integration support, customer support, marketing assistance and PA-DSS/PCI DSS security services. It's why more than 1,300 partners and nearly 40,000 businesses have selected Payment Processing, Inc. as their dedicated payment professionals. Learn more at www.paypros.com.

To learn more about Point-2-Point Security and PCI compliance, visit www.freePCIscore.com, call 510.795.2290 or email partnerships@paypros.com.

AccountNow Strikes Gold With New Visa(R) Prepaid Card

New AccountNow Gold Card Provides Financial Services and Extras Normally Available Only Through Traditional Banks and Credit Unions

SAN RAMON, Calif., May 28 /PRNewswire/ -- AccountNow, one of the financial services industry's leading providers of prepaid Visa cards, has introduced a powerful new gold card product with features and services usually found only through traditional banking relationships.

The AccountNow Gold Visa Prepaid Card lets cardholders borrow money – with the iAdvance® line of credit from MetaBank(1) – and build credit history*.  AccountNow Gold cardholders who enroll in Direct Deposit receive higher limits on all deposits and withdrawals.  Gold Card customers also receive VIP customer service, free online bill pay, and the power, prestige and convenience that come with carrying a Gold Visa Prepaid Card.  And, there's no monthly fee when $3,000 or more in deposits is placed on a card during a month.

"We're confident that the combination of products and services available with the AccountNow Gold Visa Card will have broad appeal to the large number of consumers who are looking for alternatives to a bank or a checking account, as well as those who are looking to use credit responsibly and enhance their creditworthiness," said Jim Jones, CEO of AccountNow.  

Since the AccountNow Gold Card is a prepaid card, there is no ChexSystems or credit check required.  And, as an added incentive, cardholders receive a $25 account credit** when they set up a recurring direct deposit and make at least two direct deposits of $100 or more.

AccountNow Gold Visa Prepaid Card holders have access to the millions of merchants and services where Visa debit cards are accepted.

Consumers interested in learning more information or signing up for the AccountNow Visa Gold card can visitgold.accountnow.com.  

AccountNow Prepaid Gold Visa Cards are issued by MetaBank™ (Nasdaq: CASH). Funds are insured up to $250,000 by the Federal Deposit Insurance Corporation (FDIC).

About AccountNow, Inc.

AccountNow, headquartered in San Ramon, CA, is a leading provider of financial solutions for the 40 million U.S. consumers who do not have established credit or traditional banking relationships.  AccountNow provides consumers an alternative to "traditional" checking accounts and access to financial and payments systems, including Visa prepaid cards, Pay Anyone Bill Payment, and FDIC-insured deposits.  

About Meta

Meta Payment Systems® based in Sioux Falls, South Dakota, is the world's leading issuer of prepaid, credit and debit payment solutions as well as the largest sponsor of ATMs in the United States. Meta Payment Systems, a division of MetaBank, delivers innovative financial products that are changing the way people use, borrow and manage money. Meta Payment Systems brings money to LIFE. Meta Financial Group, Inc.® (NASDAQ Global Market®: CASH) is the holding company for federally chartered savings bank MetaBank™. For more information visit www.metapay.com.

(1) iAdvance® Line of Credit from MetaBank

iAdvance® Line of Credit from federally chartered savings bank MetaBank is an open-end line of credit designed to assist consumers with urgent cash needs. It is available to those cardholders possessing certain general use and payroll prepaid cards issued by MetaBank bank. Cardholders must complete a separate application for iAdvance Line of Credit. Certain fees and eligibility requirements apply. Consult the iAdvance FAQs at http://www.myiadvance.com/accountnow/ for further details.

iAdvance is a registered mark of Meta Payment Systems, a division of MetaBank. Patents pending. All rights reserved. For more information call 1-866-550-6382.

*The USA Patriot act is a Federal law that requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account.  You will be asked to provide your name, address, date of birth, and other information that will allow us to identify you.  You may also be asked to provide documentation as proof of identification.

Consumers should visit www.myfico.com to better understand their credit score.

**See www.accountnow.com/help for details of the $25 incentive program.

SOURCE AccountNow

AccountNow Strikes Gold With New Visa(R) Prepaid Card

New AccountNow Gold Card Provides Financial Services and Extras Normally Available Only Through Traditional Banks and Credit Unions

SAN RAMON, Calif., May 28 /PRNewswire/ -- AccountNow, one of the financial services industry's leading providers of prepaid Visa cards, has introduced a powerful new gold card product with features and services usually found only through traditional banking relationships.

The AccountNow Gold Visa Prepaid Card lets cardholders borrow money – with the iAdvance® line of credit from MetaBank(1) – and build credit history*.  AccountNow Gold cardholders who enroll in Direct Deposit receive higher limits on all deposits and withdrawals.  Gold Card customers also receive VIP customer service, free online bill pay, and the power, prestige and convenience that come with carrying a Gold Visa Prepaid Card.  And, there's no monthly fee when $3,000 or more in deposits is placed on a card during a month.

"We're confident that the combination of products and services available with the AccountNow Gold Visa Card will have broad appeal to the large number of consumers who are looking for alternatives to a bank or a checking account, as well as those who are looking to use credit responsibly and enhance their creditworthiness," said Jim Jones, CEO of AccountNow.  

Since the AccountNow Gold Card is a prepaid card, there is no ChexSystems or credit check required.  And, as an added incentive, cardholders receive a $25 account credit** when they set up a recurring direct deposit and make at least two direct deposits of $100 or more.

AccountNow Gold Visa Prepaid Card holders have access to the millions of merchants and services where Visa debit cards are accepted.

Consumers interested in learning more information or signing up for the AccountNow Visa Gold card can visitgold.accountnow.com.  

AccountNow Prepaid Gold Visa Cards are issued by MetaBank™ (Nasdaq: CASH). Funds are insured up to $250,000 by the Federal Deposit Insurance Corporation (FDIC).

About AccountNow, Inc.

AccountNow, headquartered in San Ramon, CA, is a leading provider of financial solutions for the 40 million U.S. consumers who do not have established credit or traditional banking relationships.  AccountNow provides consumers an alternative to "traditional" checking accounts and access to financial and payments systems, including Visa prepaid cards, Pay Anyone Bill Payment, and FDIC-insured deposits.  

About Meta

Meta Payment Systems® based in Sioux Falls, South Dakota, is the world's leading issuer of prepaid, credit and debit payment solutions as well as the largest sponsor of ATMs in the United States. Meta Payment Systems, a division of MetaBank, delivers innovative financial products that are changing the way people use, borrow and manage money. Meta Payment Systems brings money to LIFE. Meta Financial Group, Inc.® (NASDAQ Global Market®: CASH) is the holding company for federally chartered savings bank MetaBank™. For more information visit www.metapay.com.

(1) iAdvance® Line of Credit from MetaBank

iAdvance® Line of Credit from federally chartered savings bank MetaBank is an open-end line of credit designed to assist consumers with urgent cash needs. It is available to those cardholders possessing certain general use and payroll prepaid cards issued by MetaBank bank. Cardholders must complete a separate application for iAdvance Line of Credit. Certain fees and eligibility requirements apply. Consult the iAdvance FAQs at http://www.myiadvance.com/accountnow/ for further details.

iAdvance is a registered mark of Meta Payment Systems, a division of MetaBank. Patents pending. All rights reserved. For more information call 1-866-550-6382.

*The USA Patriot act is a Federal law that requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account.  You will be asked to provide your name, address, date of birth, and other information that will allow us to identify you.  You may also be asked to provide documentation as proof of identification.

Consumers should visit www.myfico.com to better understand their credit score.

**See www.accountnow.com/help for details of the $25 incentive program.

SOURCE AccountNow

Element, Anthology partner for PCI DSS-compliant payment processing

Element Partners with Anthology to Provide PCI DSS Compliant Payment Processing Element's Level 1 PCI DSS compliant payment processing system incorporates the most innovative technology on the market including end-to-end encryption and tokenization. Phoenix, AZ (PRWEB) May 27, 2010 -- Element Payment Services, Inc., a recognized industry leader in PCI DSS compliant payment processing and Anthology Development LLC., the premier bookstore management system provider announce a partnership which will provide fully integrated, PCI DSS compliant processing solutions to Anthology customers. Credit card fraud is a significant problem for merchants. In recent years, the compromise of credit card and personal information has cost major retailers hundreds of millions of dollars in fines and compensation to customers. According to the 2009 Global Cost of a Data Breach report, compiled by The Ponemon Institute, the average cost of a data breach in the US in 2009 was $6.75 million or $204 per compromised card record. Hidden costs such as lost business and damage to a retailer’s reputation accounted for 66% of the overall cost of a breach for the same merchants.  The Level 1 PCI DSS compliant payment processing system incorporates the most innovative technology on the market including end-to-end encryption and tokenization. Anthology selected Element as its processing partner because the company wanted a solution that completely removed the transmission and storage of cardholder data from both their software application and customers’ point of sale systems. “Because thieves continue to find ways to hack into point of sale (POS) systems and steal confidential cardholder information even from PCI DSS compliant merchants, it was critical that we found a solution that enabled our merchants to process directly with a PCI DSS compliant payment processor in a simple and transparent way that does not involve the storing, processing, or transmitting of credit card information in Anthology. This partnership provides customers the most secure credit card processing available,” says Steve Van Zoeren, vice president of development at Anthology. Anthology integrated Element’s payment processing solutions through Hosted Payments which takes software providers out of scope of the PA-DSS/PCI DSS compliance requirements. Hosted Payments works by transferring the risk and liability of handling sensitive cardholder data away from programs like Anthology and its users to Element’s Express Processing Platform,” explains Sean Kramer, president and CEO of Element. The Level 1 PCI DSS compliant payment processing system incorporates the most innovative technology on the market including end-to-end encryption and tokenization. "By leveraging Element’s Hosted Payments, Anthology is no longer considered a payment application and, as such, is not in scope for these compliance requirements,” says Kramer. Rapidly approaching deadlines in the credit card processing industry mandate all businesses accepting credit card payments use payment applications that meet the Payment Application Data Security Standard (PA-DSS). By July 1, 2010 all merchants must ensure this mandate is met in order for their own businesses to comply with the PCI DSS. If not, businesses risk the loss in ability to accept credit cards from customers. About Element Payment Services, Inc: Headquartered in Phoenix, Arizona, Element Payment Services, Inc. provides fully integrated PCI DSS compliant payment processing solutions to merchants through partnerships with leading business management software providers. Engineered using service-oriented architecture (SOA), Element's Express Processing Platform allows for easy integration and supports advanced technologies such as end-to-end encryption, tokenization and authentication. Processing over $4 billion in annual transaction volume, Element's simple and secure payment solutions allow customers to easily comply with industry security requirements such as PCI DSS, and PA-DSS (PABP), significantly reducing the risk associated with handling cardholder data. Element's innovative technology, Hosted Payments, was the first payment processing solution on the market to take software providers out of scope for PA-DSS/PCI DSS compliance requirements. Element Payment Services, Inc. is a registered Merchant Service Provider with First National Bank of Omaha. About Anthology Development LLC: Anthology was founded over twenty years ago when Asian Books of Cambridge, Massachusetts, a seller of fine and scholarly books on Asia and the Islamic world, became the first Harvard Square bookstore to computerize its operations. In 1991, Anthology was organized to provide a powerful, easy-to-use and inexpensive bookstore management system. Since that time, Anthology has continued to grow and develop into one of the most widely-used and trusted POS/inventory control systems in the bookselling industry. Furthermore, retailers from other industries like toy and gift stores have also discovered the functionality and intuitive nature of Anthology, and recognized its versatility in meeting the inventory control needs of their stores. With over 1500 installations of Anthology worldwide, the company’s vision is to empower booksellers by creating powerful, easy-to-use, affordable inventory control solutions that allow booksellers to leverage the best in emerging technologies to compete in today’s markets. For more information, please visit www.anthology.com. ###

Element, Anthology partner for PCI DSS-compliant payment processing

Element Partners with Anthology to Provide PCI DSS Compliant Payment Processing Element's Level 1 PCI DSS compliant payment processing system incorporates the most innovative technology on the market including end-to-end encryption and tokenization. Phoenix, AZ (PRWEB) May 27, 2010 -- Element Payment Services, Inc., a recognized industry leader in PCI DSS compliant payment processing and Anthology Development LLC., the premier bookstore management system provider announce a partnership which will provide fully integrated, PCI DSS compliant processing solutions to Anthology customers. Credit card fraud is a significant problem for merchants. In recent years, the compromise of credit card and personal information has cost major retailers hundreds of millions of dollars in fines and compensation to customers. According to the 2009 Global Cost of a Data Breach report, compiled by The Ponemon Institute, the average cost of a data breach in the US in 2009 was $6.75 million or $204 per compromised card record. Hidden costs such as lost business and damage to a retailer’s reputation accounted for 66% of the overall cost of a breach for the same merchants.  The Level 1 PCI DSS compliant payment processing system incorporates the most innovative technology on the market including end-to-end encryption and tokenization. Anthology selected Element as its processing partner because the company wanted a solution that completely removed the transmission and storage of cardholder data from both their software application and customers’ point of sale systems. “Because thieves continue to find ways to hack into point of sale (POS) systems and steal confidential cardholder information even from PCI DSS compliant merchants, it was critical that we found a solution that enabled our merchants to process directly with a PCI DSS compliant payment processor in a simple and transparent way that does not involve the storing, processing, or transmitting of credit card information in Anthology. This partnership provides customers the most secure credit card processing available,” says Steve Van Zoeren, vice president of development at Anthology. Anthology integrated Element’s payment processing solutions through Hosted Payments which takes software providers out of scope of the PA-DSS/PCI DSS compliance requirements. Hosted Payments works by transferring the risk and liability of handling sensitive cardholder data away from programs like Anthology and its users to Element’s Express Processing Platform,” explains Sean Kramer, president and CEO of Element. The Level 1 PCI DSS compliant payment processing system incorporates the most innovative technology on the market including end-to-end encryption and tokenization. "By leveraging Element’s Hosted Payments, Anthology is no longer considered a payment application and, as such, is not in scope for these compliance requirements,” says Kramer. Rapidly approaching deadlines in the credit card processing industry mandate all businesses accepting credit card payments use payment applications that meet the Payment Application Data Security Standard (PA-DSS). By July 1, 2010 all merchants must ensure this mandate is met in order for their own businesses to comply with the PCI DSS. If not, businesses risk the loss in ability to accept credit cards from customers. About Element Payment Services, Inc: Headquartered in Phoenix, Arizona, Element Payment Services, Inc. provides fully integrated PCI DSS compliant payment processing solutions to merchants through partnerships with leading business management software providers. Engineered using service-oriented architecture (SOA), Element's Express Processing Platform allows for easy integration and supports advanced technologies such as end-to-end encryption, tokenization and authentication. Processing over $4 billion in annual transaction volume, Element's simple and secure payment solutions allow customers to easily comply with industry security requirements such as PCI DSS, and PA-DSS (PABP), significantly reducing the risk associated with handling cardholder data. Element's innovative technology, Hosted Payments, was the first payment processing solution on the market to take software providers out of scope for PA-DSS/PCI DSS compliance requirements. Element Payment Services, Inc. is a registered Merchant Service Provider with First National Bank of Omaha. About Anthology Development LLC: Anthology was founded over twenty years ago when Asian Books of Cambridge, Massachusetts, a seller of fine and scholarly books on Asia and the Islamic world, became the first Harvard Square bookstore to computerize its operations. In 1991, Anthology was organized to provide a powerful, easy-to-use and inexpensive bookstore management system. Since that time, Anthology has continued to grow and develop into one of the most widely-used and trusted POS/inventory control systems in the bookselling industry. Furthermore, retailers from other industries like toy and gift stores have also discovered the functionality and intuitive nature of Anthology, and recognized its versatility in meeting the inventory control needs of their stores. With over 1500 installations of Anthology worldwide, the company’s vision is to empower booksellers by creating powerful, easy-to-use, affordable inventory control solutions that allow booksellers to leverage the best in emerging technologies to compete in today’s markets. For more information, please visit www.anthology.com. ###