Wednesday, August 8, 2012

Acculynk and American Airlines Offer New Secure, Convenient Payment Option

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Acculynk and American Airlines Offer New Secure, Convenient Payment Option

American to Soon Include Internet PIN Debit as a Payment Option on AA.com
ATLANTA--()--Atlanta-based Acculynk announces American Airlines as the first major airline to go live with PaySecure®, Acculynk’s Internet PIN debit-enabling product. This new option offers a more convenient, more secure form of payment for American’s customers and highlights the value and benefits of Internet PIN debit for all online consumers.
“We are pleased to soon offer Internet PIN debit to our customers on AA.com, as PIN debit continues to be one of the fastest growing and most popular payment types in the U.S.”
“We are pleased to soon offer Internet PIN debit to our customers on AA.com, as PIN debit continues to be one of the fastest growing and most popular payment types in the U.S.,” said Frank DiNuzzo, American’s Managing Director – Marketing Performance. “PaySecure also allows us to grow our Internet presence in Puerto Rico and the Caribbean, a highly debit-centric market, by enabling the more than 2 million online customers with PIN-only debit cards to purchase tickets on AA.com.”
Travelers who use their debit cards to make purchases on AA.com will have the option to enter their PIN on PaySecure's graphical PIN-pad. The transaction is processed as a normal PIN debit card transaction. Acculynk’s PaySecure® technology encrypts each PIN so that it is never transmitted as an actual, numerical PIN. Acculynk transmits the PIN directly to the Electronic Funds Transfer network, which in turn sends it to the bank for approval. The PIN is never stored by AA.com or Acculynk.
According to the First Data Spend Trend® report for April, PIN debit remains the most popular payment type among consumers in 2012.
“American Airlines understands the value of offering Internet PIN debit to its large customer base and the potential to gain new customers outside the U.S. by enabling the most popular payment type in an important market like Puerto Rico,” said John Beisner, SVP of Client Services at Acculynk. “Growing cross-border sales is an important reason that Acculynk’s PaySecure has focused on expanding with major U.S. airlines.”
Acculynk is certified with ATH, the leading debit payment and ATM network in Puerto Rico and the Caribbean, bringing the more than 2.5 million ATH debit card consumers in Puerto Rico the ability to use their PIN-only debit cards for e-commerce.
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 11 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.
About American Airlines
American Airlines, American Eagle® and the AmericanConnection® carrier serve 260 airports in more than 50 countries and territories with, on average, more than 3,500 daily flights. The combined network fleet numbers more than 900 aircraft. American's award-winning website, AA.com®, provides users with easy access to check and book fares, plus personalized news, information and travel offers. American Airlines is a founding member of the oneworld® alliance, which brings together some of the best and biggest names in the airline business, enabling them to offer their customers more services and benefits than any airline can provide on its own. Together, its members and members-elect serve more than 900 destinations with more than 9,000 daily flights to 150 countries and territories. American Airlines, Inc. and American Eagle Airlines, Inc. are subsidiaries of AMR Corporation. AmericanAirlines, American Eagle, AmericanConnection, AA.com, and AAdvantage are trademarks of American Airlines, Inc. AMR Corporation common stock trades under the symbol “AAMRQ” on the OTCQB marketplace, operated by OTC Markets Group.

Starbucks, Square Partner Up to Make Paying for Coffee Even Easier

ePaymentNews                           NFC Mobile Payment
Starbucks, Square Partner Up to Make Paying for Coffee Even Easier
PCWorld (blog)
Mobile payment technology is different from the other big cashless contender--NFC, or Near Field Communication, technology. Both technologies use customers' mobile devices as virtual "wallets," but NFC is a short-range wireless technology that requires ...
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NFC Focus: Where can I use NFC Payment Technology?
IBTimes.co.uk
Mobile phones that use NFC are starting to become more widespread and even festivals are using it to cut down on queuing time and save fans from carrying a lot of cash. However, Britain is not quite a cashless society yet and other parts of the world ...
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IBTimes.co.uk



Starbucks "Pours" $25 Million into Square

Starbucks
Starbucks (Photo credit: Ivana Di Carlo)
News27 new results for "Mobile Payment"
Starbucks in mobile payment deal with Square
CNNMoney
NEW YORK (CNNMoney) -- Starbucks Coffee Co. has signed on with Square Inc. to process its credit and debit card purchases, the coffee shop franchiser said Wednesday. As part of the deal, Starbucks (SBUX, Fortune 500) pledged to invest $25 million in ...
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Starbucks Invests $25 Million in Mobile Payment Provider
Businessweek
Starbucks Corp. (SBUX), the largest coffee- shop chain, will use Square Inc.'s payment system in 7000 stores and invest $25 million in the startup, making it easier for customers to make purchases with mobile phones. Starbucks Chief Executive Officer ...
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Starbucks to accept Square mobile payment
USA TODAY (blog)
Here's how the new payment feature works. To use, customers must download a Square app called Pay with Square, and input their photo and credit card information. After ordering an item, they waive their phone at a scanner that currently are installed for ...
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Starbucks, Square team up for mobile payment
CBS News
Starbucks already has a mobile payment option for its customers. Starbucks gets from Square its software, and presumably, the rates: Square charges businesses 2.75 percent per transaction. Other credit card processors charge upwards of 3.5 percent.
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CBS News
Starbucks Pours $25M Into Mobile Payment Start-Up Square: Hot Trends
TheStreet.com
As part of the deal, Starbucks will switch its processing of debit and credit card payments to Square. For the time being, the new processing won't impact customers. Starbucks does plan to incorporate other Square products in its stores, including one that ...
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Starbucks to accept Square mobile payments
Boston.com
NEW YORK (AP) — Starbucks Corp. will soon be the first national chain to let customers pay with Square's mobile payment application. Square was founded in 2009 by Jack Dorsey, the creator of Twitter. Users of Square mobile payments app are currently ...
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Starbucks and Square to Team Up
New York Times
"But if a big merchant jumping into some mobile payment solution signals to other merchants that there is an opportunity here," he added, "that might change the psychology for other merchants." Starbucks is also investing $25 million in Square as part of its ...
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Starbucks Accelerates Mobile Payments Leadership by Choosing Square for ...
CNBC.com
SEATTLE & SAN FRANCISCO, Aug 08, 2012 (BUSINESS WIRE) -- Starbucks Coffee Company (NASDAQ:SBUX), with its leading mobile payment platform, and Square, the company revolutionizing everyday transactions between buyers and sellers, ...
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Starbucks Invests in Square
Wall Street Journal
Square technology won't replace Starbucks's main cash-register systems, and customers will still be able to use the popular Starbucks mobile payment app that the company launched in January 2011. The key difference is that Square will allow the customers ...
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Wall Street Journal
Daily Report: A Step Forward for the Mobile Wallet
New York Times (blog)
Starbucks has offered its own mobile payment app since last year, which customers will still be able to use. But they will also be able to use Pay With Square, Square's cellphone app that eliminates even having to take the phone out of your pocket or sign a ...
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New York Times (blog)
RPT-Starbucks to use Square for payments, will invest $25 mln
Reuters
The alliance comes at a time when Square is facing increasingly stiff competition from rivals like eBay Inc and Intuit Inc, which offer their own mobile payment processing tools. Starbucks Chief Executive Howard Schultz, who will join Square's board, said the ...
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Mobile Payments Go Mainstream With Square's Nationwide Starbucks Deal
Forbes
Starbucks customers will be able to use Pay with Square, using the Android and iOS mobile payment application in U.S. stores starting this fall. Using the app, Square enables merchants to identify customers so that they don't have to even take their phones ...
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Starbucks backs Square for mobile payments in shops
BBC News
... Digital Network, it gives Square new visibility, driving more customers to opt-in to Square." Starbucks' chief executive Howard Schultz added: "As the largest retail mobile payment platform in the US, we're excited and proud to accept payments with Square.
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BBC News
Starbucks Bringing Square Payment Tech to Its Cafes
Gotta Be Mobile
SEATTLE and SAN FRANCISCO, – August 8, 2012 – Starbucks Coffee Company (NASDAQ: SBUX), with its leading mobile payment platform, and Square, the company revolutionizing everyday transactions between buyers and sellers, announced a broad ...
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Gotta Be Mobile
Will Square's Starbucks Deal Spark the End of Cash?
Forbes
Gaining market share depends on convincing the entire payment network — including retailers, credit card companies, banks, cellphone carriers and phone makers – that mobile payment's benefits to each of them will vastly exceed its costs. And Square has ...
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Starbucks to use Square for payments, will invest $25 million
Reuters
O), which offer their own mobile payment processing tools. Starbucks Chief Executive Howard Schultz, who will join Square's board, said the tie-up would lower payment processing fees at the coffee chain's almost 7000 company-owned shops in the United ...
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Talking point: Mobile payment debate rages on
Mobile Today (blog)
According to KPMG, mobile payments are set to hit £591bn by 2015. Businesses have been quick to respond to the trend with Google Wallet, Barclays' Pingit and PayPal's InStore app coming to the fore. However, despite numerous payment devices starting ...
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Mobile Today (blog)
Today's e-Reads: Starbucks Invests in Mobile Payment Startup
National Journal
Starbucks is investing $25 million in startup Square and says it will use the firm's mobile payment systems at the coffee retailer's 7000 stores, Bloomberg reports. Facebook will allow its U.K. users to gamble via the social networking service using real money, ...
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Starbucks, Square Team Up for Mobile Payments
PC Magazine
2011, Starbucks unveiled a U.S. mobile payment system for BlackBerry and Apple iOS users. The option was made available via the Starbucks Card Mobile App, which can be downloaded from the App Store or the Starbucks website. Users then load money ...
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Starbucks Signs Up with Square to Process Credit, Debit Payments
Wired News
Square's partnership with Starbucks could help make the mobile payment service ubiquitous—and could fatten Starbucks' investment portfolio. Photo: Square. Mobile payments startup Square is taking a giant leap into the mainstream as the new processor of ...
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Wired News
Starbucks to start accepting Square mobile payments
Newser
Starbucks to start accepting Square mobile payments. Starbucks to accept Square mobile payments. Associated Press | 10 minutes ago in. Starbucks Corp. will soon be the first national chain to let customers pay with Square's mobile payment application.
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Starbucks investing $25 million in mobile payment technology
San Antonio Business Journal
Mike W. Thomas: Reporter- San Antonio Business Journal: Email. Starbucks Corp., the nation's largest coffee shop chain, will invest $25 million into a startup company that developed a mobile payment system for use with smartphones, Bloomberg reports.
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Starbucks to adopt Square mobile payments at US locations
The Verge
After having already struck deals with Walgreens, Staples, and FedEx, the mobile payment specialist has now announced a major partnership with Starbucks. Under the deal, customers at participating US Starbucks outlets will be able to pay for products ...
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Starbucks invests in mobile payment start-up Square
Information Age
Starbucks invests in mobile payment start-up Square. Reduce text size Decrease text size; Increase text size Increase text size; Print article Print; Jump to comments Comment; Share this article Share · Email article to a friend Email. 8 August 2012 ...
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Soon You'll Be Able To Pay With Square In Starbucks
Cult of Mac
Square just announced a huge partnership with Starbucks that will put the hot mobile payment startup in 7000 Starbucks nationwide this fall. The news means that Square users will be able to use the app to pay at select Starbucks locations and find nearby ...
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GetTaxi launches mobile payment service
Globes
GetTaxi Ltd. has upgraded its taxi calling app to include direct payments via mobile phones. Users upload their credit card data just once, and then can pay the taxi fare with the press of a key. The invoice is sent directly to the user's e-mail. The upgrade also ...
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Starbucks unveil partnership in US with mobile payment company Square
The Drum
Starbucks has announced a partnership with mobile payment start-up Square in the US, with the company to process all credit and debit card transactions at 7000 Starbucks stores from this autumn. The deal will also see Starbucks investing $25m in Square, ...
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Blogs12 new results for "Mobile Payment"
Starbucks Newsroom: Starbucks Accelerates Mobile Payments ...
SEATTLE & SAN FRANCISCO, August 07, 2012 - Starbucks Coffee Company (NASDAQ:SBUX), with its leading mobile payment platform, and Square, the company revolutionizing everyday transactions between buyers and sellers, ...
ExcitingAds! Starbucks
Starbucks in mobile payment de… | AdvancingWomen.com / Food
By AdvancingWomen.com
Starbucks in mobile payment deal with Square: Starbucks has signed on with Square to process its credit and debi... http://t.co/qXqlhIVx.
AdvancingWomen.com / Food
GoPago sweetens pot for mobile payments with free tablet, 4G ...
By Chantal Tode
The company is positioning itself to compete against Square Register, NCR Silver and other mobile payment systems designed for merchants. "We're releasing the first solution around payment as a service that allows merchants to have a ...
Mobile Commerce Daily
Starbucks switches to Square for payments, invests $25 million and ...
By Richard Lawler
While Square's mobile payment processing platform has already picked up some major players in retail to go along with more than a million small businesses, its biggest shot in the arm to date is a new partnership with Starbucks. The chain ...
Engadget
Launch of Singapore's NFC mobile payment services
By Misha Tan
Since early 2007, NFC trials have been carried out in Singapore by Singapore Telecommunications (SingTel) and Starhub and in 2009 by M1. A consortium comprising [...]
The Wall
GoPago repositions itself as a free Square rival — Tech News and ...
By Ryan Kim
The line-up of Square rivals just got a bit longer today with the debut of GoPago Live, a mobile payment service for small businesses. GoPago's twist is that its offering software and a tablet with 4G wireless, a receipt printer and cash drawer, ...
GigaOM
Starbucks partners with Square in landmark deal | Digital Trends
By Andy Boxall
Starbucks has partnered with Square and will offer its mobile payment system soon, where all you need is your name to pay for your coffee. A potentially market-changing partnership between Square, the mobile payments company, and ...
Trunkbow Schedules Second Quarter 2012 Earnings Conference ...
By PR Newswire
8, 2012 /PRNewswire-Asia/ -- Trunkbow International Holdings Limited (NASDAQ: TBOW) (Trunkbow or the Company), a leading provider of Mobile Payment Solutions (MPS) and Mobile Value Added Solutions (MVAS) in China, today ...
Business News Asia
Starbucks and Square to Team Up | The Best Rates
By thebestrates
"But if a big merchant jumping into some mobile payment solution signals to other merchants that there is an opportunity here," he added, "that might change the psychology for other merchants." Starbucks is also investing $25 million in ...
The Best RatesThe Best Rates |
Starbucks Taps into Investment and Finances a Mobile Payment ...
By Anna Sanina
"As the largest retail mobile payment platform in the U.S., we're excited and proud to accept payments with Square," said Howard Schultz, Starbucks chairman, president and CEO who will join Square's Board of Directors. "The evolving social ...
POPSOP.COM. Brand news. Brand...
Payments: The 5th P Of Marketing? | Snarketing 2.0
By Ron Shevlin
Having processed some 42 million (and counting) mobile payment transactions between Jan 2011 and Q2 2012, there's a strong case to be made that Starbucks has engendered customer loyalty through its mobile payment capabilities.
Snarketing 2.0
Soon You'll Be Able To Pay With Square In Starbucks - All App News
By Alex Heath
Square just announced a huge partnership with Starbucks that will put the hot mobile payment startup in 7000 Starbucks nationwide this fall. The news means that Square users will be able to use the app to pay at select Starbucks locations ...
All App News

Web6 new results for "Mobile Payment"
Starbucks in mobile payment deal with Square - Aug. 8, 2012
Starbucks has signed on with Square to process its credit and debit card purchases, the coffee shop franchiser said Wednesday.
money.cnn.com/2012/08/08/technology/...square.../index.htm
Starbucks Pours $25M Into Mobile Payment Start-Up Square: Hot ...
Starbucks plans to invest $25 million in mobile payment start-up Square.
www.thestreet.com/.../starbucks-pours-25m-into-mobile-paym...
MIS-Asia - Mobile payment services become a reality in Singapore
There has been much talk of contactless transactions and mobile payment services in Singapore for quite a while. Now, it has become a reality, and you might ...
www.mis-asia.com/.../mobile-payment-services-become-a-reali...
Corethree introduce m-wallet with versatile mobile payment options ...
Corethree, UK-based technology company and developers of integration solutions that connects clients' data, content and services to users' mobile and ...
contactlessintelligence.com/.../corethree-introduce-m-wallet-wi...
Mobile Payment Chips Could Let Hackers into Your Phone
Near-field communication chips may let smartphones replace cash and credit cards—but they could also offer opportunities to hackers. In a packed room at the ...
www.techinvestornews.com/.../mobile-payment-chips-could-le...
BBC News - Starbucks backs Square for mobile payments in shops
In Europe, iZettle is attempting to become the mobile payment platform of choice ... Information Age Starbucks invests in mobile payment start-up Square 35 mins ...
www.bbc.com/news/technology-19178169



Hackers can bank on NFC

ePaymentNews  for NFC Mobile Payment
Hackers can bank on NFC
Sydney Morning Herald
A spokesman for the Commonwealth Bank which is counting on NFC as one of its mobile payment technologies, pointed IT Pro to the bank's webpage where it tells clients its MasterCard PayPass transactions are monitored for fraud around the clock and any ...
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Sydney Morning Herald
Foldable NFC keyboard could tempt Android users
Register
Japanese electronics firm Elecom is claiming a world first with the launch of an NFC-enabled portable keyboard designed to work with Android smartphones – a gadget which could appeal to time-starved, fat fingered mobile workers. The keyboard, designed ...
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Pay With Square at Starbucks: The Biggest Moment Yet for Mobile-Phone Wallets
TIME
If you stop by Starbucks regularly for a caffeinated fix, you're about to have a good excuse to try Pay With Square, Square's mobile-payment app for iPhone and Android. The coffee ... Unlike Google Wallet, Pay With Square doesn't require NFC. It works ...
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TIME
Westpac trials SIM-based mobile payments.
Finextra
Together with the user's virtual Debit MasterCard on the phone, participants will be able to pay for items, by tapping their phone in-store on a contactless NFC PayPass payment terminal. The app also includes an instant feedback form which will be used ...
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Westpac Bank Starts NFC Payment Trails with Android Smartphones

Web2 new results for NFC Mobile Payment
Westpac Bank Starts NFC Payment Trails with Android Smartphones
NFC Forum Session
NFC Forum Session (Photo credit: Pierre Metivier)
Australia's Westpac Bank has announced trials of NFC based mobile payments using Android smartphones. The trial is in collaboration with MasterCard.
www.cellular-news.com/story/55739.php
PayByPhone makes NFC-enabled mobile payment service - Paypers
Canada-based provider of systems for parking and urban mobility payments PayByPhone has deployed its mobile payment for parking technology in the city of ...
www.thepaypers.com/news/mobile...makes.../748295-16



Gemalto gets NFC gig: Singapore punters will all bonk the same way

ePaymentNews      "Near Field Communications"
Singapore Parliament House @ the Heart of the City
Singapore Parliament House @ the Heart of the City (Photo credit: williamcho)
Gemalto gets NFC gig: Singapore punters will all bonk the same way

Register

Operators, banks and loyalty schemes in Singapore can now use a common API to interact using short-range radio tech Near Field Communications, while in Europe similar schemes continue to flounder. The scheme was commissioned by the Infocomm ...

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Solution to bus travellers' small change problem
Ceylon Daily News
These prepaid cards similar to phone or debit cards could be purchased and recharged by commuters as they are designed using the Near Field Communications (NFC) technology, NTC sources said. The conductor will use a swipe machine to deduct the ...
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Ceylon Daily News



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