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CashLINQ Extends Agreement with Global Payments PDF Print E-mail
Global Payments Inc., a world leader in electronic transaction processing services, announced today that The CashLINQ Group, a leading merchant services provider and Independent Sales Organization (ISO), has agreed to extend its long-term relationship with Global Payments for payment processing services.

Through its new multi-year agreement, Global Payments will continue to provide The CashLINQ Group with a comprehensive line of payment card authorization and settlement services, as well as customized merchant support services for The CashLINQ Group’s expanding market base of non-profit and faith-based merchants.

“We are proud to work with Global Payments, a premier provider of processing services. Global has been a very strong partner in supporting the tremendous increase in our customer base and the double-digit growth in revenue we have experienced over the past three years,” said Foster H. Chase, Jr., President/CEO.

“It is our great pleasure to continue serving The CashLINQ Group and their customers,” said Paul R. Garcia, Chairman, President, and CEO of Global Payments. “We believe that both companies benefit from this association and we are proud to be linked with the many wonderful opportunities Foster and his team are developing in this market place.”

The CashLINQ Group, located in Spokane, Washington, offers comprehensive solutions to large and small non-profit organizations in the United States and Canada, providing them with the latest technology in electronic processing as well as a fully PCI compliant platform.  CashLINQ’s services comprise: Credit/Debit card processing; Check Services – including EFT, Verification, and conversion; Gift cards – utilizing both magnetic-strip and Smart Cards; and DonateLINQ, allowing one-time and recurring donations directly from your Web site. More information can be found at www.TheCashLINQGroup.com.

Global Payments Inc. is a leading provider of electronic transaction processing services for consumers, merchants, Independent Sales Organizations (ISOs), financial institutions, government agencies, gaming establishments, and multi-national corporations located throughout the United States, Canada, Latin America, The United Kingdom Europe and the Asia-Pacific region.  Global Payments offers a comprehensive line of processing solutions for credit and debit cards, business-to-business purchasing cards, gift cards, electronic check conversion and check guarantee, verification and recovery including electronic check services, as well as terminal management. The company also provides consumer money transfer services from the U.S. and Europe to destinations in Latin America, Morocco, and the Philippines.  For more information about the company and its services, visit www.globalpaymentsinc.com.

TSYS to Begin Class A Approval of Exadigm Terminals PDF Print E-mail
ExaDigm, Inc., a leading innovator of wired and wireless point-of-sale (POS) terminal solutions, and TSYS Acquiring Solutions, a leading payments processor, today announced an agreement to begin the Class A approval process for ExaDigm terminal payment solutions. ExaDigm POS solutions to be included in the Class A approval process are: (1) XD1000 with Dial, IP, WiFi and fixed wireless (CDMA and GSM connectivity), and (2) XD2000/XD2100SP with Dial, IP, WiFi, (CDMA and GSM connectivity), with AX, UX, DX, and RX modem options.

When the above ExaDigm solutions receive Class A approval status, acquirers and merchants can be assured that they will receive direct technical help desk and software upgrade support from TSYS Acquiring Solutions. The TSYS Class A approval process includes superior quality assurance and user acceptance testing to confirm that the solution provider and the application meet or exceed stringent testing standards.

Focused on a “one technology” approach, ExaDigm’s PC-based, fully modular payment solutions provide industry-first technology innovations such as integrated RFID readers, interchangeable communication modules, and the ability to adapt to changing technologies easily and rapidly, making obsolescence and subsequent swap out programs a thing of the past.

The agreement between TSYS Acquiring Solutions and ExaDigm is especially significant as it includes customized terminal and managed services. TSYS will support the majority of ExaDigm’s North American terminal requirements including receiving, quality assurance testing, support and deployment. TSYS will also provide innovative and customized managed services, including help desk support to respond to ExaDigm customer calls, helping to resolve issues efficiently and providing superior customer service.

“The decision to begin Class A approval of ExaDigm’s payment solutions is testament to the progressive approach TSYS Acquiring Solutions is taking within the payments industry,” said Michael Mulcahy, CEO of ExaDigm. "The combination of TSYS’ role as a leading payment processor, and the true technology innovation of ExaDigm’s payment terminals, will provide merchants with new and superior options in countertop, fixed and mobile wireless payment solutions."

“TSYS Acquiring Solutions leads with the broadest suite of Class A approved solutions for merchants to successfully process billions of credit and debit transactions every year,” said Bob Philbin, president, TSYS Acquiring Solutions. “We are very excited about the agreement and look forward to helping ExaDigm grow and compete, not just with our Class A approvals, but with customized terminal and managed services from TSYS Acquiring as well.” Full details relating to the ExaDigm solutions receiving the Class A approval will be made available at the conclusion of the approval process.

Merrill Picks Fiserv's Checkfree PDF Print E-mail
Merrill Lynch has selected CheckFree Frontier 2.0TM as its strategic reconciliation platform. After an evaluation process, Merrill Lynch chose the Fiserv solution based on specific performance benchmarking results and demonstrations of its ability to further mitigate potential operational risk, minimize support costs and provide a seamless migration from Merrill Lynch’s existing platform.


Read more...
Charge Anywhere Named App of the Month PDF Print E-mail
Comstar Interactive, a leading provider of secure Point of Sale (POS) solutions and electronic payment services, is pleased to announce Palm's recent selection of its Charge Anywhere® v2.0 Mobile Point of Sale Software solution as its Windows Mobile Application of the Month.  Charge Anywhere is an end-to-end secure mobile point of sale solution that transforms Smartphones and PDAs into a mobile point of sale (MPOS) device. 
 
In a marketplace faced with data security concerns, this Visa Payment Application Best Practices (PABP) validated software and Payment Card Industry (PCI) compliant ComsGate™ Payment Gateway, combine to provide a best of breed solution for businesses.  In addition to making calls, checking email, surfing the internet and text messaging, mobile merchants using Charge Anywhere are empowered with one device that allows them to securely and efficiently accept and process mobile electronic payments - virtually anywhere, at any time.  
"Our Goal is to provide businesses using Palm's devices with an innovative, robust and cost effective mobile point of sale solution that adds value, performance and superior functionality to their Palm devices," stated Paul Sabella, CEO of Charge Anywhere. 
 
This recognition by Palm of Charge Anywhere v2.0 Mobile POS Software as the Windows Mobile Application of the Month follows the Company's recent "Designed for Palm Products" recognition.  A designation awarded by Palm to solutions and applications that have passed a series of tests demonstrating their compatibility with Palm Smartphones. 
Network Merchants Releases Customer Vault PDF Print E-mail
NetworkMerchants has released The Customer Vault, which provides PCI Certified Remote Storage of Payment Information. The Customer Vault was designed specifically for businesses of any size to address concerns about handling customer payment information.

The Customer Vault allows merchants to transmit their payment information for remote storage in NetworkMerchants' Level 1 PCI certified data facility. Once the customer record has been securely transmitted to the Customer Vault, the merchant can then initiate transactions remotely without having to access credit card or electronic check information directly. This process is accomplished without the merchant storing the customer's payment information in their local database or payment application.

"Merchants can use our standard services in conjunction with the Customer Vault to process transactions without transmitting any payment information through their web application -- this eliminates the burden of dealing with PCI Compliancy," said Nick Starai, Vice President of Product Development for NetworkMerchants. "This unique approach provides best of class application flexibility without any PCI compliancy concerns."

About Network Merchants, Inc.

NetworkMerchants is a PCI/CISP certified provider of secure, reliable, IP-based Payment Gateway solutions that enable merchants to authorize, settle and manage electronic transactions anytime, anywhere, via Web sites, at retail, and on wireless devices. NetworkMerchants' services can only be provided through an extensive network of ISO/MSP Affiliate-Partners and leading financial institutions that offer payment solutions to their merchant customers.
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