Tuesday, August 30, 2011

X-Cart and CRE Secure Partner to Eliminate eCommerce Merchant’s Systems from Scope of PCI Compliance

Alliance opens doors to global payments processors, enhanced security
ATLANTA--(BUSINESS WIRE)--X-Cart, a major International provider of eCommerce solutions, and CRE Secure, the industry’s leading cloud-based, secure payment solution for merchants, today announced an alliance to offer CRE Secure’s hosted payment page technology to X-Cart eCommerce merchants through a fully integrated X-Cart module.
“Through CRE Secure, we are able to provide our merchants a universal interface to most major payment providers, increase customer conversions with a seamless checkout process, and lower their PCI compliance costs,” said Alexander Mulin, senior vice president of business development for X-Cart. “Just as important, merchants will not have to change payment providers in order to get a seamless, secure PCI compliant solution. The integrated solution can immediately eliminate the shopping cart software from the scope of PCI compliance with most major gateways and providers.”X-Cart’s eCommerce platform is deployed by thousands of online merchants in more than 100 countries. CRE Secure’s patent-pending HTML Clone® technology allows merchant payment pages to be generated on-demand, delivering a seamless experience to the shopper and eliminating the X-Cart platform from the scope of PCI.
Kevin R. Lee, president and CEO of CRE Secure, said, “The X-Cart platform’s advanced capabilities allow the merchant to create the best possible shopping experience for their shoppers. With our partnership and integrated payment page solution, X-Cart merchants can now seamlessly expand their branding through the entire check-out process, while also giving the consumer greater security, all at a lower cost of ownership than traditional, scope-reducing PCI solutions.”
The Payment Card Industry Data Security Standard (PCI-DSS) is a multifaceted global security standard that requires eCommerce merchants that accept and process credit card payments to comply with four different levels of standards, A through D. These critical measures are designed to help merchants protect customer account data.
The PCI DSS requirements for X-Cart merchants that use the CRE Secure integrated shopping cart module can be reduced from the highest levels – Level C or D, which requires a third party auditor for validation, to the lowest, least costly level to maintain compliance - Level A. This standard eliminates the need for the merchant to purchase and use Payment Application DSS (PA-DSS) certified software. Through CRE Secure, the merchant’s applicable eCommerce platform – like X-Cart – will be taken out of scope of PCI compliance.
X-Cart merchants are able to implement the CRE Secure payment module immediately by visiting http://www.x-cart.com/cresecure.html.
About X-Cart
X-Cart is the first PHP shopping cart software, introduced to the market in 2001. The software offers tons of features and is a fast, customizable and SEO-friendly solution for online merchants. X-Cart powers tens of thousands of online checkouts worldwide. For more information, visit http://www.x-cart.com or call (+1) 800-657-7957.
About CRE Secure
CRE Secure Payments is the first cloud-based Internet payment security company with end-to-end PCI compliance for card-not-present merchants. CRE Secure enables leading ecommerce software solutions and payment software systems distributed worldwide with secure PCI-compliant hosted, payment processing solutions using patent-pending technology and through its partnerships with top global payment gateways. CRE Secure is a level one PCI DSS-certified service provider and a contributing member of the PCI Security Standards Council. For more info, visit www.cresecure.com or call (888) 453-4885.


For CRE Secure
Andrew McCaskill, 678-781-7210
Ryan Mills, 678-781-7222

Merchant Warehouse Strengthens Leadership in Payment Processing With Key Additions to Executive Management Team

Seasoned professionals to drive continued growth in revenue, partner and customer experience channels
BOSTON--(BUSINESS WIRE)--Merchant Warehouse®, a leading innovator in secure payment processing solutions and merchant account services, today announced key hires to its Executive Management Team including Brian Graham, executive vice president of sales, and David McSweeney, vice president of merchant experience. As Merchant Warehouse continues to experience rapid growth in its customer and partner acquisition, its latest additions strengthen the company’s leadership in payment processing.
David McSweeney brings 20 years of experience in customer service to Merchant Warehouse, most recently as the vice president of merchant processing at Cross Country Automotive, where he was successful in identifying consumers’ needs and wants to enhance the customer experience. In addition, McSweeney worked at RBS Lynk/Citizens Bank, First Data and Bank of Boston. In his new role McSweeney will focus on creating and delivering world class service and support to all of Merchant Warehouse’s customers.Brian Graham joins Merchant Warehouse with over 25 years of experience in sales and business development, most recently as the senior sales leader at Hewett Associates. Prior to that he held similar positions at Monster.com and ADP where he was successful in growing sales, developing new business initiatives and partner opportunities. In his new role as EVP of Sales at Merchant Warehouse, Graham will oversee the direct, agent and partner channels, with a focus on increasing revenues, profitability and efficiency across all of Merchant Warehouse’s sales channels.
“Merchant Warehouse continues to experience significant momentum in our customer acquisitions and revenue growth, and we’re confident this trend will continue,” said Henry Helgeson, co-CEO of Merchant Warehouse. “Both Brian and David bring in-depth sales and customer service and support expertise that will help Merchant Warehouse continue to grow and develop into a world class payment solutions organization. They are both a great addition to our Merchant Warehouse team.”
About Merchant Warehouse
Merchant Warehouse is an award winning provider of secure payment processing solutions and merchant account services to merchants, independent sales agents and partners nationwide. As an industry leader, Merchant Warehouse is committed to ensuring its merchants, agents and partners are offered the most forward thinking payment solutions, delivering PCI compliant solutions that take developers out-of-scope for audits and minimize the complexities of compliance for merchants. The company offers competitive partner, agent and affiliate programs focused on providing comprehensive revenue opportunities as well as service, support and industry education. Headquartered in Boston, MA, since 1998, Merchant Warehouse continues to provide account services to hundreds of thousands of merchants and serves hundreds of agents and partners. For more information, please visitmerchantwarehouse.com or follow us on Twitter at http://twitter.com/MWarehouse. Visit our blogs at http://blog.merchantwaresolutions.com/ and http://blog.merchantwarehouse.com/.


PAN Communications
Mike Sullivan, 617-502-4300

Recent Stories from Merchant Warehouse

GLOBALFOUNDRIES Announces Winners of Inaugural “Leading in Innovation” Awards

At GTC 2011, customers recognized for product innovation utilizing foundry solutions
GTC 2011
MILPITAS, Calif.--(BUSINESS WIRE)--At today’s second annual Global Technology Conference (GTC 2011), GLOBALFOUNDRIES announced the winners of its new “Leading in Innovation” awards. Presented to customers who have demonstrated innovative solutions on products ranging from 0.35um non-volatile memories to leading-edge 28nm smartphone processors, the awards showcase the company’s collaborative approach to enabling chip designers to deliver a superior end-user experience.
The 2011 “Leading in Innovation” award winners are:“These awards epitomize the GTC 2011 theme of driving product innovation through true collaboration,” said Jim Kupec, senior vice president of sales and marketing at GLOBALFOUNDRIES. “We serve nearly all leading foundry customers in the world, and today it is a privilege to recognize this group of innovators with our ‘Leading in Innovation’ awards. These awards demonstrate the breadth of our 300mm and 200mm technology offerings, as well as our flexible regionalized service and differentiated design enablement support in collaboration with our ecosystem partners.”
  • Innovative Mobile Solutions
    • Broadcom Corporation, for its mobile connectivity combo chips, currently manufactured on GLOBALFOUNDRIES’ 65nm low power technology.
    • Inside Secure, for its MicroRead near-field communication (NFC) solution, manufactured on GLOBALFOUNDRIES’ 0.35um-EEPROM technology, and planned for production on 0.13um-EEPROM.
    • Rambus, for its high-speed low-power next-generation memory technologies developed on GLOBALFOUNDRIES’ 28nm-SLP technology.
    • STMicroelectronics, for its technology development used in ST-Ericsson’s leading edge Nova A9600 smartphone application processor, planned for production on GLOBALFOUNDRIES’ 28nm-SLP technology.
  • Emerging Hot Startup
    • Lightwire, for its LWS1040-LC 10G optical transceiver module, containing a CMOS photonics circuit manufactured on GLOBALFOUNDRIES’ 130nm-RF technology, and 10G driver and receiver, manufactured on GLOBALFOUNDRIES’ 65nm process.
“We are delighted to be recognized as an innovation leader by GLOBALFOUNDRIES,” said Remy De Tonnac, chief executive officer of Inside Secure. “Inside has built a strong working relationship with GLOBALFOUNDRIES for more than 10 years and has introduced several generations of innovative products with them. We work closely together on IP and technology development. Our leading MicroRead NFC product line is poised for volume production in 0.35um at GLOBALFOUNDRIES’ Fab 2 in Singapore.”
“The superior performance and analog headroom provided by the GLOBALFOUNDRIES 28nm-SLP process makes it an ideal platform for SoC developers to target a wide variety of applications that require both low power and high performance operating characteristics,” said Sharon Holt, senior vice president and general manager of the Semiconductor Business Group at Rambus. “The process itself provides significant advantages over previous process generations. On top of that, the implementation support available from GLOBALFOUNDRIES enables its customers to take full advantage of its capabilities in a highly efficient way. The design kits go way beyond a typical foundry PDK. Rambus is proof that a talented analog/RF design team can engineer some truly unique solutions at GLOBALFOUNDRIES.”
“We know GLOBALFOUNDRIES well, both as a partner in technology development through ISDA, International Semiconductor Development Alliance, and as one of our own trusted foundry partners,” said Jean-Marc Chery, Chief Technology Officer of STMicroelectronics. “The 28nm technology portfolio from GLOBALFOUNDRIES is well-suited to manufacture the ST-Ericsson 9600 platform, enabling multi source wafer fabs for ST and ST-Ericsson platforms at the 28nm node. Over several years, ST has built an excellent working relationship with GLOBALFOUNDRIES. ST sources a wide variety of 200mm and 300mm wafer products from GLOBALFOUNDRIES, from 0.5um EEPROM for the automotive industry to leading edge application processors for wireless and we’ve found GLOBALFOUNDRIES to be an innovative, reliable and cost-effective partner, effectively complementing our strong internal manufacturing machine, and we look forward to continuing our successful relationship with them.”
“We utilize the 0.13um and 65nm low power RF technologies at GLOBALFOUNDRIES for our Lightwire LWS1040-LC 10 Gbps Small Form-factor Pluggable (SFP+) Extended Reach (ER) transceiver module,” said Kal Shastri, founder and chief technology officer of Lightwire. “We utilized the GLOBALFOUNDRIES RF PDKs for these products and found the models to be accurate and well characterized. We have worked with GLOBALFOUNDRIES from the very beginning of our company, as a new start-up, and always received excellent attention and support. The GLOBALFOUNDRIES service has been first rate, the design enablement and field engineering teams gave us tremendous support from the outset of the engagement, and worked with us to build a very effective working relationship. We rely on GLOBALFOUNDRIES as a technology partner and recommend them to others.”
For more details about GTC 2011, please visit: http://www.globalfoundries.com/gtc2011/.
GLOBALFOUNDRIES is the world’s first full-service semiconductor foundry with a truly global manufacturing and technology footprint. Launched in March 2009 through a partnership between AMD [NYSE: AMD] and the Advanced Technology Investment Company (ATIC), GLOBALFOUNDRIES provides a unique combination of advanced technology, manufacturing excellence and global operations. With the integration of Chartered Semiconductor in January 2010, GLOBALFOUNDRIES significantly expanded its capacity and ability to provide best-in-class foundry services from mainstream to the leading edge. GLOBALFOUNDRIES is headquartered in Silicon Valley with manufacturing operations in Singapore, Germany, and a new leading-edge fab under construction in Saratoga County, New York. These sites are supported by a global network of R&D, design enablement, and customer support in Singapore, China, Taiwan, Japan, the United States, Germany, and the United Kingdom.
For more information on GLOBALFOUNDRIES, visit http://www.globalfoundries.com.

Payfirma Launches Canada's First Blackberry Mobile Payment App

Payfirma Launches Canada's First Blackberry Mobile Payment App

Blackberry Users Can Now Swipe and Accept Credit Cards Right on Their Phones as Payfirma Continues to Roll out Mobile Payment Applications Designed for Canadians by Canadians
VANCOUVER, British Columbia--(BUSINESS WIRE)--Just one month after Payfirma’s iPhone Virtual Point of Sale App went viral in Canada, the Company is now proud to announce the release of its Blackberry Mobile Payment App for Canadian merchants to accept credit card on their Blackberry devices instantly.
“Payfirma’s mission is to bring efficient payment technologies to all Canadian businesses, large and small,” noted Michael Gokturk, CEO and founder of Payfirma, “now consumers and merchants can accept payment for goods and services on their Blackberries anywhere with a cellular or WIFI signal – thereby increasing their sales efficiencies and improving the overall checkout experience.”Anyone with a Payfirma merchant account can now accept and process credit card transactions in real-time on their Blackberry devices. The application is free to download from the Blackberry App World or on Payfirma’s website and is compatible with most versions of the Blackberry device.
Payfirma’s payment apps let any business or consumer accept all major credit cards securely on Blackberry & iPhone. Users can swipe or manually input a credit card, authorize the transaction within 5 seconds and email a receipt of the transaction directly from the app to the customers. All transaction data is encrypted and fully secure through Payfirma’s PCI compliant facilities.
Merchants and developers can also integrate directly to Payfirma’s mobile settlement and authorization gateway, which enable any mobile application to add a hosted, secure mobile checkout solution.
“The next release of our mobile apps will enable users to link their settled funds from the phone directly to an NFC (near-field communication) chip within the phone itself,” continues Gokturk, “enabling the smartphone to be used as an e-wallet and using it to pay for goods and services wherever NFC devices are enabled.”
The app is offered for free and users must have a valid Canadian merchant account to process live transactions. Opening a merchant account with Payfirma is easy, and can be opened directly within the app itself, or on the Company’s website.
To learn more about Payfirma’s low-cost and highly-customizable payment processing solutions, visit their website or call (800) 747-6883 to speak to a dedicated Payment Advisor.
Payfirma is Canada’s leading provider of credit & debit card merchant accounts and mobile payment processing technologies. Businesses of all sizes and industries depend on Payfirma to process credit and debit cards in a store or office, online or using Payfirma’s free iPhone or Blackberry apps.
Payfirma enables your business to accept all major credit cards, Interac, Interac Online and process electronic funds transfers and electronic invoicing. Set up your own gift card system or integrate your online store with Payfirma’s multi-currency payment gateway – whatever your payment and collection needs are – Payfirma can easily integrate!
We pride ourselves in building customized payment solutions around your needs. Whether you are a single owner business or multi-national business, your business can rely on Payfirma to have a solution that is not only secure and efficient but also cost effective and reliable.
Take a look around Payfirma.com and let a professional Payment Advisor assist you with your payment processing needs. Already know what you want? Get started within 24 hours with our online application.


Payfirma Corporation
Carmela Samonte

Communications Director
T (604) 668-5814
E carmela.samonte@payfirma.com
W www.payfirma.com

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Target Makes Online Shopping Secure and Simple with TNSPay from TNS

SYDNEY--(BUSINESS WIRE)--Leading retail destination Target Australia is now utilising the TNSPay™ gateway service from Transaction Network Services (NYSE:TNS) in its successful online shopping operation http://shop.target.com.au.
“The TNSPay gateway offers added value to our business’ multi-channel retailing infrastructure, with particular regard to fraud guidance and developing future opportunities in this exciting area. Target Australia’s working relationship with TNS has developed as our organisation’s online enterprise is embraced by tech savvy customers.”
As part of the TNSPay gateway service, Target Australia benefits from the TNSPay Hosted Payment Form and TNSPay Stored Card Tokenization to help minimise the potential for eCommerce fraud.
Target Australia IT Delivery Centre Manager, David Hamilton, said: “The TNSPay gateway offers added value to our business’ multi-channel retailing infrastructure, with particular regard to fraud guidance and developing future opportunities in this exciting area. Target Australia’s working relationship with TNS has developed as our organisation’s online enterprise is embraced by tech savvy customers.”
John Banfield, Senior Vice President and General Manager of TNS’ Asia Pacific Payments Division, said: “TNSPay provides powerful capabilities that can reduce PCI DSS scope and improve data security. Our TNSPay Hosted Payment Form and Stored Card Tokenization solutions allow merchants to collect payment information and process recurring payments without ever bringing card data inside their environment. We are excited to provide these capabilities to Target Australia to help them continue to grow their online business.”
TNSPay Hosted Payment Form easily integrates into a merchant’s web payment page and allows the shopper’s details to be posted directly onto a hosted service within TNS’ PCI DSS certified processing environment. Target retains full control of the payment pages branding, while its PCI compliance tasks are minimised since card data never enters its merchant environment. The Hosted Payment Form solution gives Target the flexibility to post data to the TNSPay processing environment at multiple points during the checkout process, minimising the potential for data to get lost when a customer navigates back and forth within a shopping session. This gives Target the ability to validate certain customer data points prior to the end of the checkout session, which can help increase the likelihood that the sale will be authorized when the customer submits the order. All of these features can help provide a better customer experience for Target shoppers.
TNS’ Stored Card Tokenization is a feature within TNSPay that enables merchants to remove the need to store card details in their own systems for functions such as recurring billing, customer support or marketing. With Stored Card Tokenization, TNSPay retains the card information in a PCI DSS certified processing environment and returns a token back to the merchant to identify the payment information and the customer. When the card details need to be accessed in the future for further payment processing needs, the merchant simply sends the new payment information together with the token details to TNS and TNSPay manages the transaction for them. All of this happens without the card details ever entering or being stored in the merchant environment, helping the merchant to minimise the scope and complexity of complying with PCI DSS requirements.
TNSPay gateway processes more than a quarter of a billion transactions a year and is part of a comprehensive range of payment services TNS has developed since entering the card transaction processing market as a Payment Service Provider (PSP) over 20 years ago. Through TNSPay and its broader payment solution offering, TNS now connects over a million merchants and retailers to the world’s leading banks, acquirers and processors, enabling secure, efficient and cost-effective delivery and processing of payments.
The TNSPay platform leverages the core TNS Secure Payments Network. This high-availability network spans the globe and has connections into the world’s leading processors and acquirers. With the ability to provide the TNSPay solution directly to merchants or to distribute it via partnerships, TNS has been able to assist companies, including leading card associations, retailers and travel companies expand and grow their businesses.
TNS’ global expertise extends to more than 60 countries across the Asia Pacific, Europe, and the Americas regions. For more information about TNS and the TNSPay gateway visitwww.tnsi.com/au.
About Transaction Network Services:
Transaction Network Services (TNS) is a leading global provider of data communications and interoperability solutions.
TNS offers a broad range of networks and innovative value-added services which enable transactions and the exchange of information in diverse industries such as retail, banking, payment processing, telecommunications and the financial markets.
Founded in 1990 in the United States, TNS has grown steadily and now provides services in over 60 countries across the Americas, Europe and the Asia Pacific region, with our reach extending to many more. TNS has designed and implemented multiple data networks which support a variety of widely accepted communications protocols and are designed to be scalable and accessible by multiple methods.
For further information about TNS, visit www.tnsi.com. ‘One Connection, A World of Opportunities’

"Ditch the Wallet" While Shopping With the New Mogley Application

Source: Mogley, Inc.
Date: August 30, 2011 09:30 ET
ATLANTA, Aug. 30, 2011 (GLOBE NEWSWIRE) -- Mogley, http://mogleyapp.com, a new mobile wallet app, has launched its public beta throughout Metro Atlanta and Mercer Village in Macon, GA.
Mogley, a mobile wallet, loyalty rewards tracking and marketing platform, challenges users to "ditch the wallet." As a Mogley user, the process is simple: download the free app from the iTunes App Store, create an account and add a credit card - Mogley allows you to use Visa, MasterCard, American Express, and Discover even if the retailer doesn't. Once you've signed up, Queue Up™ so the retailer knows you're in their store, shop or place your order, and confirm the transaction from your phone. The Mogley user never hands cash or a credit card across the counter.

Mogley empowers small business owners with the same tools as their larger counterparts. Mogley provides a platform for contactless payment and tracks loyalty rewards accrual and redemption. Mogley also includes a robust marketing platform for creating highly-customized, fully-trackable promotions, deals, and announcements.

"Mogley makes loyalty tracking seamless," says John Butler, owner of Condesa Coffee in Atlanta. "Mogley is not just another way for Condesa customers to pay, but it has actually sped up transactions. At first we were concerned it would take away the connection to the customer, but it has actually freed us up to connect more. We are excited to be working with this new technology and look forward to more people getting on board."

In addition to adding merchants in Metro Atlanta, Mogley is finalizing deals with merchants in Nashville, TN; Kentucky; Athens, GA; and New York City.

Decatur's Steady Hand Pour House and Rattletrap owner, Dale Donchey, sums up Mogley's effectiveness: "It's a way for us to use technology to connect with our customers in a competitive, cool, and environmentally friendly manner."

Available for the iPhone and soon for Android, Mogley is a secure, effective way to pay at your favorite places to eat and shop. Visit http://mogleyapp.com or download the app from the iTunes App Store.

Fiserv Introduces Mobiliti for Mobile Banking, Alerting, Payments

  • Mobiliti unites Mobile Money from Fiserv and BankAnywhere from M-Com within a single product suite
  • Mobiliti is available in multiple versions tailored for financial institutions of varying sizes within the United States and international markets
BROOKFIELD, Wis.--(BUSINESS WIRE)--Fiserv, Inc. (NASDAQ: FISV), the leading global provider of financial services technology solutions, today introduced the new MobilitiTM mobile banking, alerting and payments suite. Mobiliti unites the functionality of Mobile MoneyTM from Fiserv and BankAnywhereTM from the recently acquired M-Com within a single product suite, and will replace both of those product brands. Mobiliti is available in multiple distinct versions tailored for use by financial institutions of varying sizes within both the United States and international markets.
“Mobile banking adoption continues to gather momentum in the U.S., fueled by strong consumer appetite for smartphones and banks' burgeoning supply of new mobile banking applications, websites and alerts”
Mobiliti supports all three major mobile access modes: SMS (text messaging), mobile browser and downloadable applications for AndroidTM, iPhone® and Blackberry®. The suite, notable for its seamless integration of banking and payments capabilities, includes:
  • Mobiliti EnterpriseTM – Mobiliti Enterprise is a flexible, highly customizable solution for large banks worldwide. Mobiliti Enterprise is host-system agnostic, facilitating integration into existing architecture, and supports robust functionality including remote deposit capture, bill presentment and payment, person-to-person payments, alerting and location services. Financial institutions can implement these services as a package or in the combination of their choice. Standard features include customer care tools, service reporting, analytics and diagnostic capabilities.
  • Mobiliti AdvantageTM – Mobiliti Advantage enables financial institutions to implement high-demand mobile banking functions, such as balance inquiries, transfers and bill payment, within a condensed timeframe. The capabilities of Mobiliti Advantage are tailored to the U.S. market, and financial institutions retain the ability to customize aspects of the product appearance and user experience.
  • Mobiliti EdgeTM – Like Mobiliti Advantage, Mobiliti Edge enables financial institutions to select from a menu of popular mobile banking functionality that can be implemented within a condensed timeframe. Mobiliti Edge is intended for use in international markets, with a focus on integrated mobile payments.
  • Mobiliti is also available in an ASP version that is pre-integrated into multiple Fiserv account processing and online banking solutions.
Of nearly 2,000 clients polled during the Fiserv Focus client conference in April 2011, more than 74 percent indicated that they planned to increase their investments in mobile financial services during the next 12 months, and with good reason. According to the May 2011 report from Forrester Research, Inc., The State of U.S. Mobile Banking: 2011, mobile banking adoption among U.S. online adults more than doubled in the past two years, and Forrester predicts that mobile banking will grow by an average of 20 percent per year over the next five years.
“Mobile banking adoption continues to gather momentum in the U.S., fueled by strong consumer appetite for smartphones and banks' burgeoning supply of new mobile banking applications, websites and alerts,” writes Brad Strothkamp, principal analyst, eBusiness and Channel Strategy, Forrester Research, in The State of U.S. Mobile Banking: 2011. “As consumers gain confidence with the channel, their needs are shifting from simple functionality like account balances and ATM locators to transactions like bill payment and account transfers.”
“With hundreds of financial institutions and millions of consumers using Mobiliti solutions, Fiserv is able to draw on practical channel experience to anticipate the evolution of mobile financial services,” said Erich Litch, president, Digital Channels, Fiserv. “Mobile access is reshaping the way consumers manage their finances, and Mobiliti from Fiserv delivers the capabilities financial institutions need to meet consumers wherever they want to transact.”
Additional Resources:
About Fiserv
Fiserv, Inc. (NASDAQ: FISV) is the leading global provider of information management and electronic commerce systems for the financial services industry, driving innovation that transforms experiences for financial institutions and their customers. Fiserv is ranked No. 1 on the FinTech 100 survey of top technology partners to the financial services industry. For more information, visit www.fiserv.com.

VeriFone Announces Direct Sales and Service Strategy in Continental Europe

Products, Service, Support and Value-Added Solutions Now Available Directly from VeriFone in Germany, Italy, France, Spain, Austria and Switzerland
SAN JOSE, Calif.--(BUSINESS WIRE)--VeriFone Systems, Inc. (NYSE: PAY) today announced a new direct distribution relationship for retailers, acquirers and processors in Germany, Italy, France, Spain, Austria and Switzerland. These organizations will now be able to obtain products, services, support and value-added solutions directly from VeriFone.
“Retailers, acquirers and processors in these countries need access to broader product and services solutions that meet the needs of their customers”
The new strategy paves the way for ready access to multiple new and upcoming products and service offerings available directly from VeriFone. Previously, retailers in these countries were limited to the portfolios that local distributors chose to sell and support. Going forward retailers will benefit from a direct sales and support relationship with VeriFone.
“Retailers, acquirers and processors in these countries need access to broader product and services solutions that meet the needs of their customers,” said Jeffrey Dumbrell, VeriFone executive vice president, International. “VeriFone will continue to partner with Point International in Scandinavia and the Baltics, CCV in Benelux, Printec Group and Melon in the Balkans and Inpas in Russia as resellers of VeriFone systems and technology in those regions.”
With its recent acquisition of Hypercom, VeriFone now fields a workforce of more than 500 direct sales, support and engineering personnel on the ground in these countries.
This new strategy covering continental Europe will enable VeriFone to more broadly deliver advanced payment solutions, including:
  • VeriFone VX Evolution systems, consumer facing MX systems, Secure PumpPAY and emerging mobile and tablet based systems
  • Integrated e-commerce processing and payment page services
  • VeriShield Total Protect, Secured by RSA - VeriFone’s complete encryption and tokenization solution for payment security
  • Complete, end-to-end management of merchant POS systems and applications, including remote terminal management, field service and repair, payment system financing, rental operations and billing
  • VeriFone PAYMEDIA Network - delivering and integrating powerful value-added solutions to VeriFone systems users, such as NFC-enabled payments and applications, white label loyalty and gift card processing
  • Delivery of digital content including coupons, offers and payment-enabled media to consumers
  • VeriFone PAYware Link software - providing seamless integration of EMV payments and value added applications with integrated POS systems and electronic cash registers (ECRs)
VeriFone offers a wide range of options for Europe’s most demanding retail environments, incorporating NFC, EMV, and mobile payment technologies, and global scale to respond quickly to new market demands. The introduction of a direct sales model across continental Europe, now feasible with the recent Hypercom acquisition, is expected to accelerate adoption of exciting and new VeriFone systems and services. VeriFone is in discussions with current resellers in Germany, Italy, Spain, France, Austria and Switzerland regarding ongoing support of existing merchants and the transition to direct VeriFone sales and services.

More Than 4 of 5 Clinical Trial Sites Request That Sponsors Use Clinical Financial Services to Process Payments

PHILADELPHIA--(BUSINESS WIRE)--Clinical Financial Services (CFS), the only company that offers comprehensive business and financial management services for the clinical trial industry, is pleased to announce the results of its Site Satisfaction Survey which highlights that more than 4 out of 5 respondents would request sponsors use CFS’ Grant Payment Services to process their payments.
“We are thrilled that our technologies and processes have eliminated many common challenges involved in the administration of investigator grant payments, resulting in high site satisfaction and leading to more than 4 of 5 sites recommending that their sponsors use our services.”
The survey, which was independently administered by the Avoca Group, reported impressive overall satisfaction results in other areas vital to clinical trial sites including: overall satisfaction with CFS Investigator Grant Payment Services; responsiveness of CFS; frequency of CFS grant payments; satisfaction with the CFS online payment portal; and the level of detail of the payment remittance provided within the CFS payment portal. The average score for each area was greater than 4 out of 5, with 5 being the most satisfied. Nearly 600 surveys were distributed; 200 were completed and included in this analysis.
According to Greg Seminack, CFS President and Managing Partner, “The process by which investigators are paid by sponsors and CRO’s is broken. The results of this breakdown are significant payment delays and inaccuracies creating unnecessary financial distress within the research network. The results of this survey indicate that accurate, timely, and detailed investigator payments help streamline internal business processes and promote better business relationships between sponsors and sites. It is important for the industry that this critical network of investigators maintains financial stability and it is in the best interest of sponsors to address this problem.” Mr. Seminack continues, “We are thrilled that our technologies and processes have eliminated many common challenges involved in the administration of investigator grant payments, resulting in high site satisfaction and leading to more than 4 of 5 sites recommending that their sponsors use our services.”
In addition to Global Payment Management Services, CFS rounds out its product offering with Site Activation Services and Global Contract Management.
For more information, please contact Mike Cavanaugh at mcavanaugh@clinicalfinancialservices.com.
About CFS:
Clinical Financial Services (CFS) is the only company that offers comprehensive business and financial management services for the clinical trials industry. CFS manages clinical trial budgets and agreements, contract negotiation and administration, regulatory documentation, and finance and accounting. Founded in 2001, CFS is headquartered in Audubon, PA. Visit www.clinicalfinancialservices.com


Clinical Financial Services, LLC
Michael Cavanaugh, 610-994-2771

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