Visa Blocks UnionPay Transactions

Image by Qiao-Da-Ye賽門譙大爺 via Flickr

Zach's reports that Visa is blocking China's UnionPay transactions:

On Wednesday, the official China Securities Journal reported thatVisa Inc. (V - Analyst Report) has ruled out that from Aug 1, all its global financial institutions should stop making any international transaction through UnionPay system, China's sole bank card processor and a co-brand of Visa itself.  Visa has gone to the extent of warning its member institutions with stipulated fines if they go ahead with UnionPay system. The company also attempts to block its transactions outside China using UnionPay system. These transactions include both ATM cash services and other card payments.

Read More at Zach's 

Related articles by Zemanta

• Visa Bans Use of China UnionPay (online.wsj.com)


• PayPal and China UnionPay Open the Global Marketplace to Chinese Consumers (eon.businesswire.com)

Visa Blocks UnionPay Transactions

Image by Qiao-Da-Ye賽門譙大爺 via Flickr

Zach's reports that Visa is blocking China's UnionPay transactions:

On Wednesday, the official China Securities Journal reported thatVisa Inc. (V - Analyst Report) has ruled out that from Aug 1, all its global financial institutions should stop making any international transaction through UnionPay system, China's sole bank card processor and a co-brand of Visa itself.  Visa has gone to the extent of warning its member institutions with stipulated fines if they go ahead with UnionPay system. The company also attempts to block its transactions outside China using UnionPay system. These transactions include both ATM cash services and other card payments.

Read More at Zach's 

Related articles by Zemanta

• Visa Bans Use of China UnionPay (online.wsj.com)


• PayPal and China UnionPay Open the Global Marketplace to Chinese Consumers (eon.businesswire.com)

The Changing Nature of U.S. Card Payment Fraud: Issues for Industry and Public Policy

A recent study by Richard J. Sullivan of the Federal Reserve Bank of Kansas City looked at security within the payment card industry. As its title indicates, “The Changing Nature of U.S. Card Payment Fraud: Issues for Industry and Public Policy,” focuses primarily on potential public policy responses to payment card security.

Abstract: The rapid transition to card payments has sparked a search for effective countermeasures to those who exploit card payment security vulnerabilities to commit payment fraud. A review of these vulnerabilities finds that they are tied together by an information-intensive payment approval system. Especially damaging are large data breaches, which are often the result of criminals gathering information useful to committing payment fraud. Criminals particularly target nonbank payment processors,retailers, and government entities. Although traditional forms of payment fraud remain important, a complex and developing chain from data breach to payment fraud is developing. Preliminary estimates of card payment fraud losses in the United States show that the fraud loss rate for the U.S. appears to be higher than that of Australia, France, Spain and the UK. Several industry initiatives may help to protect payment card information, but because lack of good data on the extent and characteristics of payments fraud makes it difficult to develop effective industry strategies and policy responses. Policymakers should monitor the card payment industry to see if it better coordinates security efforts, and if not, consider actions to help the industry overcome barriers to effective development of security.

The full PDF document can be accessed here.

The Changing Nature of U.S. Card Payment Fraud: Issues for Industry and Public Policy

A recent study by Richard J. Sullivan of the Federal Reserve Bank of Kansas City looked at security within the payment card industry. As its title indicates, “The Changing Nature of U.S. Card Payment Fraud: Issues for Industry and Public Policy,” focuses primarily on potential public policy responses to payment card security.

Abstract: The rapid transition to card payments has sparked a search for effective countermeasures to those who exploit card payment security vulnerabilities to commit payment fraud. A review of these vulnerabilities finds that they are tied together by an information-intensive payment approval system. Especially damaging are large data breaches, which are often the result of criminals gathering information useful to committing payment fraud. Criminals particularly target nonbank payment processors,retailers, and government entities. Although traditional forms of payment fraud remain important, a complex and developing chain from data breach to payment fraud is developing. Preliminary estimates of card payment fraud losses in the United States show that the fraud loss rate for the U.S. appears to be higher than that of Australia, France, Spain and the UK. Several industry initiatives may help to protect payment card information, but because lack of good data on the extent and characteristics of payments fraud makes it difficult to develop effective industry strategies and policy responses. Policymakers should monitor the card payment industry to see if it better coordinates security efforts, and if not, consider actions to help the industry overcome barriers to effective development of security.

The full PDF document can be accessed here.

Nebraska Restaurant Association Names Heartland Payment Systems® Allied Partner of the Year

PRINCETON, N.J. & LINCOLN, Neb.--(BUSINESS WIRE)--The Nebraska Restaurant Association (NRA) has awarded Heartland Payment Systems^® its 2009 Allied Partner of the Year Award. This distinction marks the second time Heartland has received this award. The first time was in 2005.

“Heartland is an outstanding partner that is aggressive and helpful in supporting our membership and the association at large. It has been a great help in recruiting new members”

Heartland is the NRA’s exclusive endorsed provider of card processing, gift marketing, payroll services, tip management and check management services. Heartland and the NRA have been partners since July 2001, during which time Michael McCarville, a relationship manager at Heartland, and the rest of Heartland’s Nebraska team have played a crucial role in the collaboration of the two organizations. McCarville has served on the NRA board and several other association committees.

“Heartland is an outstanding partner that is aggressive and helpful in supporting our membership and the association at large. It has been a great help in recruiting new members,” said Jim Partington, executive director of the Nebraska Restaurant Association. “Not only does Heartland offer an integrated suite of best-in-class business solutions, it is a trusted resource that helps educate restaurateurs about how they can improve their businesses and save money.”

Heartland’s partnership with the NRA is one facet of a larger strategic alliance with 40+ state restaurant associations, the National Restaurant Association and the Council of State Restaurant Associations to help restaurateurs across the country revolutionize their operations and maximize their profitability with a full suite of exclusively endorsed business tools and solutions. To learn more, visit GoFullCourse.com.

About Heartland Payment Systems

Heartland Payment Systems, Inc. (NYSE: HPY), the fifth largest payments processor in the United States, delivers credit/debit/prepaid card processing, gift marketing and loyalty programs, payroll,check management and business solutions to more than 250,000 business locations nationwide. Heartland is the founding supporter of The Merchant Bill of Rights, a public advocacy initiative that educates merchants about fair credit and debit card processing practices. For more information, please visit HeartlandPaymentSystems.com, MerchantBillOfRights.org, CostOfABurger.com andE3secure.com.

About The Nebraska Restaurant Association

The Nebraska Restaurant Association acts as the principal advocate for Nebraska’s hospitality industry and promotes the qualities of strength, unity, and excellence in and of its membership. The association lobbies for restaurateurs on state and federal issues. The association is dedicated to serving Nebraska's restaurant and retail beverage industries by providing the finest industry education, proactive representation, aggressive industry promotion and the highest quality member benefits. For more information on the Nebraska Restaurant Association, please contact Brandy Nielson at: 402.488.3999 or bnielson@windstream.net.

Nebraska Restaurant Association Names Heartland Payment Systems® Allied Partner of the Year

PRINCETON, N.J. & LINCOLN, Neb.--(BUSINESS WIRE)--The Nebraska Restaurant Association (NRA) has awarded Heartland Payment Systems^® its 2009 Allied Partner of the Year Award. This distinction marks the second time Heartland has received this award. The first time was in 2005.

“Heartland is an outstanding partner that is aggressive and helpful in supporting our membership and the association at large. It has been a great help in recruiting new members”

Heartland is the NRA’s exclusive endorsed provider of card processing, gift marketing, payroll services, tip management and check management services. Heartland and the NRA have been partners since July 2001, during which time Michael McCarville, a relationship manager at Heartland, and the rest of Heartland’s Nebraska team have played a crucial role in the collaboration of the two organizations. McCarville has served on the NRA board and several other association committees.

“Heartland is an outstanding partner that is aggressive and helpful in supporting our membership and the association at large. It has been a great help in recruiting new members,” said Jim Partington, executive director of the Nebraska Restaurant Association. “Not only does Heartland offer an integrated suite of best-in-class business solutions, it is a trusted resource that helps educate restaurateurs about how they can improve their businesses and save money.”

Heartland’s partnership with the NRA is one facet of a larger strategic alliance with 40+ state restaurant associations, the National Restaurant Association and the Council of State Restaurant Associations to help restaurateurs across the country revolutionize their operations and maximize their profitability with a full suite of exclusively endorsed business tools and solutions. To learn more, visit GoFullCourse.com.

About Heartland Payment Systems

Heartland Payment Systems, Inc. (NYSE: HPY), the fifth largest payments processor in the United States, delivers credit/debit/prepaid card processing, gift marketing and loyalty programs, payroll,check management and business solutions to more than 250,000 business locations nationwide. Heartland is the founding supporter of The Merchant Bill of Rights, a public advocacy initiative that educates merchants about fair credit and debit card processing practices. For more information, please visit HeartlandPaymentSystems.com, MerchantBillOfRights.org, CostOfABurger.com andE3secure.com.

About The Nebraska Restaurant Association

The Nebraska Restaurant Association acts as the principal advocate for Nebraska’s hospitality industry and promotes the qualities of strength, unity, and excellence in and of its membership. The association lobbies for restaurateurs on state and federal issues. The association is dedicated to serving Nebraska's restaurant and retail beverage industries by providing the finest industry education, proactive representation, aggressive industry promotion and the highest quality member benefits. For more information on the Nebraska Restaurant Association, please contact Brandy Nielson at: 402.488.3999 or bnielson@windstream.net.

IBM Signs 10-year Agreement with ElectraCard Services

One of the largest managed resiliency services deals in India

PUNE, India, June 3 /PRNewswire-FirstCall/ -- IBM (NYSE: IBM) announced today a 10-year, multi-million dollar agreement with ElectraCard Services (ECS), a leading provider of software solutions for electronic payment systems, for providing business continuity services. The agreement will facilitate unparalleled operational expertise and solution capability for ECS's disaster recovery infrastructure.

(Photo: http://photos.prnewswire.com/prnh/20090416/IBMLOGO )

(Photo: http://www.newscom.com/cgi-bin/prnh/20090416/IBMLOGO )

IBM will enable ECS to align its IT initiatives, such as risk management, with their continued business requirements to help them focus on core business while reducing capital expenditure. ElectraCard Services, a wholly owned subsidiary of Opus Software Solutions, provides business critical applications and third party processing services for credit and payment management across the world.

As part of the agreement, IBM will manage ECS's infrastructure at the disaster recovery site located at IBM's data center inBangalore as well as their primary IT infrastructure located in Mumbai, making this one of the largest managed resiliency services deals in India.

"With ECS's growing business requirements, it has become crucial for us to merge our high dependency on IT with business goals in the current business context. We feel confident delegating this responsibility to IBM who has the requisite domain expertise and technology competence with regard to scalability and security," said Ramesh Krishnan, Head-Customer Delivery, ElectraCard Services. "In addition, IBM's pay-as-you-go model, their enduring commitment, existing relationship with us, and their delivery capabilities have resulted in this successful partnership."

With marquee clients including State Bank of India, Deutsche Bank, Life Insurance Corporation of India, Corporation Bank, and many other leading private, national and international banks, ECS's electra solution suite enables customers to gain a significant competitive advantage in the ever growing payments marketplace.

Ashish Kumar, General Manager, Global Technology Services, IBM India/South Asia, said, "We engaged deeply with ECS to understand their business objectives and growth trajectory. Based on our strong global expertise, we were able to provide them a unique and customized solution that will enable them to execute more effectively in the ever increasing competitive landscape and ensure business continuity and resiliency of operations."

The contract was signed in March 2010.

About IBM

For more information, visit www.ibm.com/services.

About ElectraCard Services

ElectraCard Services, a wholly owned subsidiary of Opus Software Solutions, provides business critical applications and third party processing services for credit and payments management across the world. ECS is a PCI DSS certified Third Party Processor (TPP) for MasterCard® and VISA® across the issuing and acquiring side. Its deep domain knowledge, extensive global experience and cost effective solutions address the speed to market and flexibility challenges of today's market.

ElectraCard Services enables financial institutions, retailers, finance companies and corporations to electronically process, in real-time, any type of payment transaction, including credit, debit, pre-paid, smart cards, and ACH. In addition to typical back office processing, ECS also offers ecommerce gateway and switching solutions. Its solutions support multiple institutions, multiple currencies, and varying processing requirements on a single platform.

By providing comprehensive and flexible solutions that can be deployed to a market of one, ElectraCard Services offers unmatched services and solutions.

For more information, please visit www.electracard.com and www.opussoft.com.

®MasterCard is a registered trademark of MasterCard International, Incorporated.

®VISA is a registered trademark of VISA International Service Association.

IBM Signs 10-year Agreement with ElectraCard Services

One of the largest managed resiliency services deals in India

PUNE, India, June 3 /PRNewswire-FirstCall/ -- IBM (NYSE: IBM) announced today a 10-year, multi-million dollar agreement with ElectraCard Services (ECS), a leading provider of software solutions for electronic payment systems, for providing business continuity services. The agreement will facilitate unparalleled operational expertise and solution capability for ECS's disaster recovery infrastructure.

(Photo: http://photos.prnewswire.com/prnh/20090416/IBMLOGO )

(Photo: http://www.newscom.com/cgi-bin/prnh/20090416/IBMLOGO )

IBM will enable ECS to align its IT initiatives, such as risk management, with their continued business requirements to help them focus on core business while reducing capital expenditure. ElectraCard Services, a wholly owned subsidiary of Opus Software Solutions, provides business critical applications and third party processing services for credit and payment management across the world.

As part of the agreement, IBM will manage ECS's infrastructure at the disaster recovery site located at IBM's data center inBangalore as well as their primary IT infrastructure located in Mumbai, making this one of the largest managed resiliency services deals in India.

"With ECS's growing business requirements, it has become crucial for us to merge our high dependency on IT with business goals in the current business context. We feel confident delegating this responsibility to IBM who has the requisite domain expertise and technology competence with regard to scalability and security," said Ramesh Krishnan, Head-Customer Delivery, ElectraCard Services. "In addition, IBM's pay-as-you-go model, their enduring commitment, existing relationship with us, and their delivery capabilities have resulted in this successful partnership."

With marquee clients including State Bank of India, Deutsche Bank, Life Insurance Corporation of India, Corporation Bank, and many other leading private, national and international banks, ECS's electra solution suite enables customers to gain a significant competitive advantage in the ever growing payments marketplace.

Ashish Kumar, General Manager, Global Technology Services, IBM India/South Asia, said, "We engaged deeply with ECS to understand their business objectives and growth trajectory. Based on our strong global expertise, we were able to provide them a unique and customized solution that will enable them to execute more effectively in the ever increasing competitive landscape and ensure business continuity and resiliency of operations."

The contract was signed in March 2010.

About IBM

For more information, visit www.ibm.com/services.

About ElectraCard Services

ElectraCard Services, a wholly owned subsidiary of Opus Software Solutions, provides business critical applications and third party processing services for credit and payments management across the world. ECS is a PCI DSS certified Third Party Processor (TPP) for MasterCard® and VISA® across the issuing and acquiring side. Its deep domain knowledge, extensive global experience and cost effective solutions address the speed to market and flexibility challenges of today's market.

ElectraCard Services enables financial institutions, retailers, finance companies and corporations to electronically process, in real-time, any type of payment transaction, including credit, debit, pre-paid, smart cards, and ACH. In addition to typical back office processing, ECS also offers ecommerce gateway and switching solutions. Its solutions support multiple institutions, multiple currencies, and varying processing requirements on a single platform.

By providing comprehensive and flexible solutions that can be deployed to a market of one, ElectraCard Services offers unmatched services and solutions.

For more information, please visit www.electracard.com and www.opussoft.com.

®MasterCard is a registered trademark of MasterCard International, Incorporated.

®VISA is a registered trademark of VISA International Service Association.

Walmart targets e-commerce for growth

By Jonathan Birchall in New York

Published: June 4 2010 18:45 | Last updated: June 4 2010 18:45

Mike Duke, chief executive of Walmart, on Friday placed mobile technology and e-commerce at the centre of the global expansion plans of the world’s largest retailer, as he set a long-term goal of serving more than a billion customers a week.

Mr Duke told an audience of 16,000 employees and shareholders at the annual meeting in Arkansas that technology could help Walmart grow to reach that goal during the next 20 years, increasing from the 200m customers it currently serves in a week.

“Think about giving everyone with a mobile device the platform and the information they want to buy, the exact product they want at the absolute best price anywhere in the world,” Mr Duke said, in his most wide-ranging speech since becoming chief executive in February last year.

The retailer operates significant e-commerce sites in the US, UK and Brazil and has recently stepped up its investment to develop a global e-commerce platform that will include mobile capacity. It is also expanding its online operations into new, larger headquarters near San Francisco.

Mr Duke admitted the retailer had lagged behind some rivals in its embrace of global e-commerce. It needed “an even deeper understanding of the role of mobile technology throughout the world, including in developing countries”, he said, adding that “building the very best web site will be just as important as getting our store formats right in the future.”

Walmart, along with other US consumer companies, is becoming increasingly active in social media initiatives. A live video feed of this year’s shareholder’s meeting was web-cast alongside a live stream of messages from attendees on websites such as Twitter and FourSquare, as well as photographs posted to Flikr.

Mr Duke also said that digital technology meant the retailer was entering an “era of price transparency”, which could favour Walmart’s low-price model. He said the company would seek to “widen the price gap” with competitors.

The presentation also underlined the need for the retailer to become “a truly global company”, playing “an even bigger leadership role on social issues that matter to our customers.” This was a theme first articulated by Lee Scott, Mr Duke’s predecessor.

During the week’s series of company events, Walmart also showed a continued interest in global acquisitions, with a presentation on its Moscow office’s efforts to explore opportunities in Russia.  Walmart, which set up an office in Moscow in 2008, is said to have been in fresh talks over the possible acquisition of a share in Lenta, a Russian hypermarket chain that has been a regular target of takeover speculation.  It also announced on Friday that its board had approved a $15bn share repurchase programme.

MasterCard and 1-800-FLOWERS.COM® Provide Premier Offers and Promotions to MasterCard Cardholders

Image via CrunchBase

Find the perfect gift at the 1-800-FLOWERS.COM Birthday Gift Center presented by MasterCard

PURCHASE, N.Y.--(BUSINESS WIRE)--MasterCard Worldwide today announced a multi-year relationship with 1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS), the world’s leading florist and gift shop, to provide premier offers and promotions to MasterCard cardholders. Cardholders can visit the Birthday Gift Center presented by MasterCard at www.1800FLOWERS.com to find unique offers and promotions.

“MasterCard cardholders can take advantage of savings on 1-800-FLOWERS.COM simply by choosing MasterCard.”

While special offers and promotions for MasterCard cardholders will rotate regularly, beginning today, cardholders can enjoy a $15 savings pass with a minimum purchase of $29.99 when shopping online at the 1-800-FLOWERS.COM Birthday Gift Center presented by MasterCard. Visitwww.1800flowers.com for complete details.

“Consumers today place a huge priority on value, and MasterCard remains committed to delivering a smarter online shopping experience where cardholders can feel confident they are getting great deals,” said Phillip M. Miller, Senior Vice President, Commerce Development, MasterCard Worldwide. “MasterCard cardholders can take advantage of savings on 1-800-FLOWERS.COM simply by choosing MasterCard.”

“Sending beautiful flowers or a gourmet gift basket from 1-800-FLOWERS.COM is the perfect way to say ‘Happy Birthday,’” said Jim McCann, CEO and Founder, 1-800-FLOWERS.COM. “We are pleased to work with MasterCard and we believe our customers will enjoy our special co-branded program.”

Through the Birthday Gift Center presented by MasterCard, consumers choose from a wide variety of thoughtful gifts, including fresh floral bouquets to gourmet gift baskets. Within the Birthday Gift Center, consumers will find a gift guide to help them select the perfect gift.

About MasterCard Worldwide

MasterCard Worldwide advances global commerce by providing a critical economic link among financial institutions, businesses, cardholders and merchants worldwide. As a franchisor, processor and advisor, MasterCard develops and markets payment solutions, processes approximately 21 billion transactions each year, and provides industry-leading analysis and consulting services to financial-institution customers and merchants. Powered by the MasterCard Worldwide Network and through its family of brands, including MasterCard®, Maestro® and Cirrus®, MasterCard serves consumers and businesses in more than 210 countries and territories. For more information go to www.mastercard.com. Follow us on Twitter:@mastercardnews.

About 1-800-FLOWERS.COM, Inc.

1-800-FLOWERS.COM, Inc. is the world’s leading florist and gift shop. For more than 30 years, 1-800-FLOWERS® (1-800-356-9377 or www.1800flowers.com) has been providing customers with fresh flowers and the finest selection of plants, gift baskets, gourmet foods, confections, balloons and plush stuffed animals perfect for every occasion. As always, 100% satisfaction is guaranteed. 1-800-FLOWERS.COM has earned the 2009 Gold Award in the Online Flower Delivery category from TopTenREVIEWS; was listed as a TOP TEN MOBILE RETAILER by Internet Retailer magazine in 2009; and was recognized by Computerworld magazine as a Premier 100 IT Leader for 2010. The Company’s BloomNet® international floral wire service (www.mybloomnet.net) provides a broad range of quality products and value-added services designed to help professional florists grow their businesses profitably. The 1-800-FLOWERS.COM, Inc. “Gift Shop” also includes gourmet gifts such as popcorn and specialty treats from The Popcorn Factory® (1-800-541-2676 or www.thepopcornfactory.com); cookies and baked gifts from Cheryl&Co.® (1-800-443-8124 orwww.cherylandco.com); premium chocolates and confections from Fannie May® confections brands (www.fanniemay.com and www.harrylondon.com); wine gifts from Ambrosia® (www.ambrosia.com) and Geerlings&Wade(SM) (www.geerwade.com); and gift baskets from 1-800-BASKETS.COM® (www.1800baskets.com) as well as Celebrations® (www.celebrations.com), a premier online destination for fabulous party ideas and planning tips. 1-800-FLOWERS.COM, Inc. is involved in a broad range of corporate social responsibility initiatives, including continuous expansion and enhancement of its environmentally-friendly “green” programs, various philanthropic and charitable efforts and special private-sector skills training programs for military veterans. Shares in 1-800-FLOWERS.COM, Inc. are traded on the NASDAQ Global Select Market, ticker symbol: FLWS.

Contacts

Media:

MasterCard Worldwide

Sarah Ely, +1-914-249-6714

sarah_ely@mastercard.com

or

Weber Shandwick

Billy Brennan, +1-314-552-6737

wbrennan@webershandwick.com

or

1-800-FLOWERS.COM

Catherine Daniel, +1-516-237-4933

cdaniel@1800flowers.com

Permalink: http://www.businesswire.com/news/home/20100602006460/en/MasterCard-1-800-FLOWERS.COM%C2%AE-Provide-Premier-Offers-Promotions-MasterCard

MasterCard and 1-800-FLOWERS.COM® Provide Premier Offers and Promotions to MasterCard Cardholders

Image via CrunchBase

Find the perfect gift at the 1-800-FLOWERS.COM Birthday Gift Center presented by MasterCard

PURCHASE, N.Y.--(BUSINESS WIRE)--MasterCard Worldwide today announced a multi-year relationship with 1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS), the world’s leading florist and gift shop, to provide premier offers and promotions to MasterCard cardholders. Cardholders can visit the Birthday Gift Center presented by MasterCard at www.1800FLOWERS.com to find unique offers and promotions.

“MasterCard cardholders can take advantage of savings on 1-800-FLOWERS.COM simply by choosing MasterCard.”

While special offers and promotions for MasterCard cardholders will rotate regularly, beginning today, cardholders can enjoy a $15 savings pass with a minimum purchase of $29.99 when shopping online at the 1-800-FLOWERS.COM Birthday Gift Center presented by MasterCard. Visitwww.1800flowers.com for complete details.

“Consumers today place a huge priority on value, and MasterCard remains committed to delivering a smarter online shopping experience where cardholders can feel confident they are getting great deals,” said Phillip M. Miller, Senior Vice President, Commerce Development, MasterCard Worldwide. “MasterCard cardholders can take advantage of savings on 1-800-FLOWERS.COM simply by choosing MasterCard.”

“Sending beautiful flowers or a gourmet gift basket from 1-800-FLOWERS.COM is the perfect way to say ‘Happy Birthday,’” said Jim McCann, CEO and Founder, 1-800-FLOWERS.COM. “We are pleased to work with MasterCard and we believe our customers will enjoy our special co-branded program.”

Through the Birthday Gift Center presented by MasterCard, consumers choose from a wide variety of thoughtful gifts, including fresh floral bouquets to gourmet gift baskets. Within the Birthday Gift Center, consumers will find a gift guide to help them select the perfect gift.

About MasterCard Worldwide

MasterCard Worldwide advances global commerce by providing a critical economic link among financial institutions, businesses, cardholders and merchants worldwide. As a franchisor, processor and advisor, MasterCard develops and markets payment solutions, processes approximately 21 billion transactions each year, and provides industry-leading analysis and consulting services to financial-institution customers and merchants. Powered by the MasterCard Worldwide Network and through its family of brands, including MasterCard®, Maestro® and Cirrus®, MasterCard serves consumers and businesses in more than 210 countries and territories. For more information go to www.mastercard.com. Follow us on Twitter:@mastercardnews.

About 1-800-FLOWERS.COM, Inc.

1-800-FLOWERS.COM, Inc. is the world’s leading florist and gift shop. For more than 30 years, 1-800-FLOWERS® (1-800-356-9377 or www.1800flowers.com) has been providing customers with fresh flowers and the finest selection of plants, gift baskets, gourmet foods, confections, balloons and plush stuffed animals perfect for every occasion. As always, 100% satisfaction is guaranteed. 1-800-FLOWERS.COM has earned the 2009 Gold Award in the Online Flower Delivery category from TopTenREVIEWS; was listed as a TOP TEN MOBILE RETAILER by Internet Retailer magazine in 2009; and was recognized by Computerworld magazine as a Premier 100 IT Leader for 2010. The Company’s BloomNet® international floral wire service (www.mybloomnet.net) provides a broad range of quality products and value-added services designed to help professional florists grow their businesses profitably. The 1-800-FLOWERS.COM, Inc. “Gift Shop” also includes gourmet gifts such as popcorn and specialty treats from The Popcorn Factory® (1-800-541-2676 or www.thepopcornfactory.com); cookies and baked gifts from Cheryl&Co.® (1-800-443-8124 orwww.cherylandco.com); premium chocolates and confections from Fannie May® confections brands (www.fanniemay.com and www.harrylondon.com); wine gifts from Ambrosia® (www.ambrosia.com) and Geerlings&Wade(SM) (www.geerwade.com); and gift baskets from 1-800-BASKETS.COM® (www.1800baskets.com) as well as Celebrations® (www.celebrations.com), a premier online destination for fabulous party ideas and planning tips. 1-800-FLOWERS.COM, Inc. is involved in a broad range of corporate social responsibility initiatives, including continuous expansion and enhancement of its environmentally-friendly “green” programs, various philanthropic and charitable efforts and special private-sector skills training programs for military veterans. Shares in 1-800-FLOWERS.COM, Inc. are traded on the NASDAQ Global Select Market, ticker symbol: FLWS.

Contacts

Media:

MasterCard Worldwide

Sarah Ely, +1-914-249-6714

sarah_ely@mastercard.com

or

Weber Shandwick

Billy Brennan, +1-314-552-6737

wbrennan@webershandwick.com

or

1-800-FLOWERS.COM

Catherine Daniel, +1-516-237-4933

cdaniel@1800flowers.com

Permalink: http://www.businesswire.com/news/home/20100602006460/en/MasterCard-1-800-FLOWERS.COM%C2%AE-Provide-Premier-Offers-Promotions-MasterCard

Hypercom to Present at Noble Financial Sixth Annual Equity Conference: ONTRACK 2010

Noble Financial ONTRACK 2010 Equity Conference

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Hypercom Corporation (NYSE: HYC) today announced that Chief Financial Officer Thomas B. Sabol will present at the Noble Financial Sixth Annual Equity Conference on Tuesday, June 8 at 11:00am EDT, at the Hard Rock Hotel in Hollywood, Florida. Joining Mr. Sabol will be Scott Tsujita, Senior Vice President, Finance, Treasury and Investor Relations.

Webcast

To access a webcast of Hypercom’s presentation, please go to www.ontrack10.com or www.nobleresearch.com at least ten minutes prior to the presentation to register. The webcast will also be archived and available for seven days following the live broadcast at http://ir.hypercom.com.

About Hypercom (www.hypercom.com)

Global payment technology leader Hypercom Corporation delivers a full suite of high security, end-to-end electronic payment products, software solutions and services. The Company's solutions address the high security electronic transaction needs of banks and other financial institutions, processors, large scale retailers, smaller merchants, quick service restaurants, and users in the transportation, petroleum, healthcare, prepaid, self-service and many other markets. Hypercom solutions enable businesses in more than 100 countries to securely expand their revenues and profits. Hypercom is a founding member of the Secure POS Vendor Alliance (SPVA) and is the second largest provider of electronic payment solutions and services in Western Europe and third largest provider globally.

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