Tuesday, September 13, 2011

Google Shows off Google Wallet in Ad (Video)




According to NFC News, Google has launched a new video promo for it’s Google Wallet highlighting all the ways in which the service can be used.
The commercial shows customers tapping their NFC-enabled Nexus S phones against tags and posters to receive coupons and loyalty cards immediately redeemable at the point of sale, flipping through their phone to chose which credit card to tap and pay with, and even cruising for deals on Google from a PC and saving the e-coupon to instantly to their phone.  

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Acculynk Expands beyond the US with the Leading ATM and POS Network in Puerto Rico


September 13, 2011 09:22 AM Eastern Daylight Time 
Acculynk Announces Agreement with the ATH® Network for Internet PIN Debit


ATLANTA--(BUSINESS WIRE)--Acculynk announced today that is has entered into an agreement with EVERTEC, Inc., a Puerto Rico-based diversified processing business in Puerto Rico and Latin America, to provide Acculynk’s PIN debit-enabling solution through EVERTEC’s ATH® Network, bringing millions of debit card consumers in Puerto Rico the ability to use their PIN-only debit cards for e-commerce.
“Through this partnership with Acculynk, we will enable e-commerce for the many cardholders who have PIN-only debit cards,” said Jorge Hernández, Senior Vice President of the ATH® Network at EVERTEC. “In addition to providing more payment options to consumers, they will be able to shop online at US based stores, which not only benefits consumers, but also strengthens our business by increasing the number of transactions.”


EVERTEC’s goals are to begin to offer Acculynk’s Internet PIN debit solution, PaySecure®, to their participants this same year. The partnership with the ATH® Network represents a milestone in Acculynk’s strategy to develop Internet PIN debit.
With Acculynk’s PaySecure®, online shoppers enter their PIN on a virtual PIN-pad at the merchant checkout, and only need their existing ATH® debit card and a PIN number to complete the transaction. There are no hardware devices, passwords, enrollment requirements or redirection to another website for payment.
PaySecure® is designed to provide an extra layer of security for debit card transactions, helping reduce fraud and charge-backs for financial institutions, while offering attractive margins and opportunities for incremental volume.
“PaySecure® brings the convenience and security of the retail PIN debit experience to the Internet, providing ATH® debit cardholders a familiar payment option,” said Ashish Bahl, CEO of Acculynk. “We have a lot of pent up demand from major US retailers that want ATH®debit cards enabled on their e-commerce websites. Rolling out our solution with the ATH® Network is a first step to internationalize PaySecure® -- Internet PIN debit.”
The ATH® Network joins nine other US-based EFT networks that support PaySecure®. Over 3,000 online merchant websites are currently enabled with the PaySecure ® payment option.
About EVERTEC, Inc.
EVERTEC, Inc. is a diversified processing business, offering transaction processing, payment processing, merchant acquiring and other related services in Puerto Rico and certain countries within the Caribbean, Central and Latin America. EVERTEC operates in three reportable business segments organized based on the nature of products and services: transaction processing, merchant acquiring and business solutions. EVERTEC owns and operates the ATH Network, the leading debit payment and ATM network in Puerto Rico. EVERTEC’s products and services include point-of-sale processing, network and switch services, automated teller machine driving services, core bank processing, business process outsourcing solutions, technology infrastructure management, financial services applications and merchant acquiring services. Headquartered in San Juan, Puerto Rico, EVERTEC has approximately 1,700 employees in 6 countries throughout the Caribbean, Central and Latin America. EVERTEC is 51% owned by an affiliate of Apollo Management VII, L.P., a leading private equity and capital markets investor, and 49% owned by Popular, Inc., the largest financial institution in Puerto Rico and the Caribbean. For more information about EVERTEC, please visit www.evertecinc.com.
About Acculynk
Acculynk secures online transactions with a suite of software-only services backed by a patented authentication and encryption framework that provides greater security for issuers, EFT networks, merchants and payment processors. Acculynk’s PaySecure® utilizes a graphical PIN-pad for the secure entry of a consumer’s PIN online and is available to merchants through existing acquirer relationships, enabling speedy implementation. PaySecure is currently enabled on over 3,000 merchant websites. Acculynk has partnerships with 9 EFT networks to process PaySecure transactions and with six leading payment processors, and is certified with PULSE, First Data and Master Card, among other key industry leaders. Visit http://www.acculynk.com.

Contacts

Acculynk
Sandra Chesnutt, 678-894-7013
schesnutt@acculynk.com

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uSell’s Consumer Cash Commerce Platform™ Expands with CellItUsed


September 13, 2011 08:30 AM Eastern Daylight Time 
Consumers looking to quickly generate cash for their electronics search uSell.com for top cash offers
FT. LAUDERDALE, Fla.--(BUSINESS WIRE)--Upstream Worldwide, Inc. d/b/a uSell.com (OTCBB:UPST), The Consumer Cash Commerce Platform™, today announced that it began displaying offers from CellItUsed, an established and trusted company in the electronics buy-back, reCommerce marketplace. Through uSell’s website, consumers can search for the cell phones and electronics they are looking to sell, and uSell will instantly find the highest cash offers from top-rated buyers.
“We will continue to grow and build uSell with partners that provide excellent customer care, competitive cash offers and have a positive environmental impact”
“uSell is committed to providing consumers with much needed cash for their unwanted electronics. In today’s economic times, uSell.com is a resource to quickly, conveniently and securely receive extra money by selling unwanted gadgets for top dollar,” said Douglas Feirstein, Co-Founder and CEO of uSell. “We will continue to grow and build uSell with partners that provide excellent customer care, competitive cash offers and have a positive environmental impact,” added Feirstein.
CellItUsed always provides free shipping and shipping materials. Customers can choose to print a pre-paid shipping label or can have free shipping materials mailed to them. Plus, CellItUsed ensures quick payment by sending customers a personalized pre-paid VISA debit card that can be used anywhere VISA is accepted.
“Since 2005, CellItUsed has been committed to providing an eco-friendly avenue for consumers to sell their used electronic devices. We are pleased to partner with uSell – a company that shares our vision,” said Vince Miriello, Co-founder and CEO of CellItUsed.com.
The addition of CellItUsed to the uSell Consumer Cash Commerce Platform gives customers even more choices for selling their used phones and electronics. And no matter which partner customers choose, uSell’s 100% Max Cash Guarantee™ ensures that they get the most cash for their items or uSell will pay them the difference. uSell is convenient and secure, and helps consumers avoid the hassle and risk of peer-to-peer sales channels such as eBay and Craigslist.
About uSell.com
uSell.com is The Consumer Cash Commerce Platform™. uSell finds the highest cash offers from top-rated buyers for your cell phones and electronics – and everybody needs extra cash. uSell’s 100% Max Cash Guarantee™ ensures you get the most cash or we’ll pay the difference. uSell is a subsidiary of Upstream Worldwide, Inc., a publicly traded company headquartered in Ft. Lauderdale, FL. The Consumer Cash Commerce Platform and Max Cash Guarantee are Trademarks of uSell and Upstream. For more information please, visit www.uSell.com.
About CellItUsed.com
CellItUsed.com, Inc. is one of the fastest growing electronics recycling companies in the world. Our “Get Paid to Upgrade” program provides you with a means of creating real value for those new and used cell phones and electronics. CellItUsed.com, Inc. will pay you cash for your used cell phones, iPods, and electronics. Our goal is to make the CellItUsed experience as easy and profitable for you as possible. We aim to offer the best prices, the fastest turnaround time, the best customer support, and the best customer experience possible. By giving people a quick and painless way to sell back or recycle their devices, CellItUsed.com hopes to help prevent e-waste and encourage people to live greener.
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TSYS Announces New n>genuity Journal Online and Editorial Board


September 13, 2011 09:00 AM Eastern Daylight Time 
Publication Redesigned at www.ngenuityjournal.com
COLUMBUS, Ga.--(BUSINESS WIRE)--TSYS announced today the redesign and new online format for n>genuity journal (www.ngenuityjournal.com), the thought leadership journal of the global payments industry published by TSYS for executive level and other payments industry professionals.
The site provides new user-friendly features, a crisp, modern design and intuitive navigation and sorting features. In addition to becoming a more sustainable publication, the paperless format will result in more frequent publishing of payments news, commentary and all-new research from leading experts in the industry.
The company also released names of the members of n>genuity journal’s editorial board. The board comprises thought leaders from the payments industry who will draw on their respective areas of expertise to guide the editorial direction of the magazine.
The editorial board includes:
  • Charles Marc Abbey, managing partner of First Annapolis who has advised clients throughout North America, South America and Europe.
  • Sean Banks, principal at TTV with more than seven years of venture capital experience.
  • Deborah Baxley, principal with Capgemini Consulting Services, a recognized expert in the payments industry with 20 years experience in 14 countries.
  • Carol Coye Benson, a founding partner of Glenbrook Partners, a payments industry strategy consulting firm.
  • Megan Bramlette, a director at Auriemma Consulting Group (ACG), a consultancy specializing in payments and consumer finance.
  • Virginia Ann Holman, group executive for Marketing and Corporate Communications at TSYS with 15 years experience in the payments industry.
  • Kenneth Howes, an independent consultant and strategic advisor to the payments industry, who retired as a Director of Edgar, Dunn & Company (EDC) in 2009.
  • Marilynn T. Mobley, senior vice president and strategic counsel for Edelman, the world’s largest public relations firm.
  • Steve Mott, a 25-year veteran of the electronic payments industry, and principal of BetterBuyDesign.
  • John Racine, a serial entrepreneur in the payments and financial technology industry, founder of Altamont Partners and former editor of American Banker.
  • Joanne Robinson, founder and CEO of Commercial Payments International, who has been in the cards and payments area since 1979.
  • Scott Talbott, senior vice president for government affairs at The Financial Services Roundtable, where he manages the daily advocacy efforts.
  • Karen Webster, CEO of Market Platform Dynamics, who works extensively with the most innovative players in the financial services, mobile, B2B and technology sectors to identify, ignite and monetize innovation.
n>genuity journal is recognized throughout the industry as a source of fresh, original content from the leading minds in payments.
To read full bios for any of the editorial board members, please visit http://www.tsys.com/ngenuity-journal/editorial.cfm.

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