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Member News
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TSYS to Begin Class A Approval of Exadigm Terminals |
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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.
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Merrill Picks Fiserv's Checkfree |
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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.
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Read more...
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Charge Anywhere Named App of the Month |
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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. | |
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Network Merchants Releases Customer Vault |
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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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CRE Partners With ControlScan |
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Chain Reaction Ecommerce (CRE Loaded - www.creloaded.com), makers of the popular ecommerce shopping cart application CRE Loaded, announced today its partnership with ControlScan (www.controlscan.com),
an Approved Scanning Vendor (ASV) certified by the Payment Card
Industry to help its ecommerce merchants meet mandatory requirements
set forth by the Payment Card Industry Data Security Standard (PCI DSS)
Council. This partnership will enable CRE Loaded to provide their
merchants with ControlScan's easy-to-use PCI compliance solutions to
further secure their Websites and strengthen their defense against
online hacking and credit card fraud.
"CRE Loaded takes
security very seriously. We want to ensure that our merchants are
knowledgeable about and have the opportunity to become compliant with
the security standards set by PCI DSS. This will allow our merchants to
achieve and maintain PCI compliance so that they can avoid fines should
a breach occur and help their customers feel secure as they are
shopping," said Michael Valverde, chief executive officer, Chain
Reaction Ecommerce. "Many of our merchants have been looking for
ecommerce security options, and we've found that ControlScan offers
comprehensive PCI compliance solutions that meet our merchants' needs,
yet are also affordable and simple to implement."
CRE
Loaded's ecommerce merchants will have access to ControlScan's leading
PCI scanning solution, which includes on-demand security scanning and
the PCI Self Assessment Questionnaire. These merchants can also take
advantage of ControlScan's array of security certification seals.
Websites displaying ControlScan's security certification seals realize
a significant increase in online sales and a decrease in shopping cart
abandonment.
"We are excited about our partnership with CRE
Loaded," said Joan Herbig, chief executive officer, ControlScan.
"Through our new partnership, CRE Loaded can complement its strong
portfolio of ecommerce services by offering ControlScan's PCI
compliance solutions to help their merchants comply with the standard
and to protect their merchants' customers from fraudulent activity."
For more information about the partnership click here or call 1-800-308-4076.
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