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Chinese Bank Chooses Verifone PDF Print E-mail
SAN JOSE, Calif.--(BUSINESS WIRE)--VeriFone Holdings, Inc. (NYSE:PAY) announced today that it has been selected as the sole provider of electronic payment systems by the China Postal Savings Bank. The designation concludes an extensive evaluation and further strengthens VeriFone’s position as the industry leader in the Chinese market. VeriFone will supply the VeriFone Vx 510, with dual dial and IP connectivity, and the wireless NURIT 8000 with GPRS connectivity.

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American National Payments Announces Free Terminal Placement PDF Print E-mail
ST. LOUIS, MO (June 12, 2007) - American National Payments (ANP) today announced an exciting new incentive designed to help its merchants save money while they make money. Now, merchants who process their credit cards and other non-cash transactions with ANP can receive free processing equipment and terminals.

Sales Partners are free to select from many free placement options – free credit card terminals, free pinpads, free check readers, and more.  The placement option provides the Sales Partner a bonus to further reward the placement efforts.

“Since its inception, ANP has demonstrated a commitment to providing its partners with leading edge solutions that reflect the industry’s latest and best technological innovations,” said Nick Thuston, Chief Operating Officer. “Now, by offering free terminal placement, we’re extending our commitment to help our Sales partners’ success and at the same time helping our merchant base save money to invest in other items – like our stored value program.”

ABOUT ANP:

Founded in 2004 in St. Louis, American National Payments has committed itself to powering business growth by creating, delivering, and supporting innovative, highly-reliable payment systems that serve customers’ needs. In conjunction with a nationwide network of distribution partners, ANP offers a comprehensive suite of payment processing solutions designed to help merchants accept credit, debit, ATM, and gift cards and check processing. The company’s motto, “The New Speed of Business Transactions,” refers to its ability to harness technology, experience, and expertise to deliver powerful payment products at speeds faster than the industry average.  ANP also embraces an active role in the community, participating in several philanthropic activities throughout the year.

Geolocation Service Maximizes Merchants’ Marketing Power PDF Print E-mail

Hamilton, Bermuda. June 7, 2007. First Atlantic Commerce Ltd (FAC), a leading Internet multi-currency, payment and risk solutions provider, today announced the take-off of its geo marketing, Internet Protocol (IP) Geolocation services for merchants across the globe.

IP Geolocation, the process of evaluating an eCommerce transaction based on the geography of the consumer, allows merchants to view the customer's browser location, including the country, state or province, city, and zip or postal code, as well as their Internet Service Provider (ISP) and domain name.  

FAC’s service, cGate®Locate, provides an excellent precision marketing tool for merchants to better understand their customers and target market. The information can be used to take immediate action and drive online marketing campaigns tailored to certain demographics or cultures, according to CEO of FAC, Andrea Wilson.

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Hypercom Introduces Family of PCI-Approved Payment Terminals PDF Print E-mail
Hypercom Corporation has announced the expansion of its Optimum family of 32-bit multi-application electronic payment terminals with a new global countertop platform featuring the highest security, largest memory and broadest feature set of any countertop device family of its kind. The new PCI PED-approved Optimum T4200 family will be available in three EMV and three non-EMV models, including a dial only model, Ethernet/SSL with dial backup and wireless GSM/GPRS connectivity also with dial backup. The new products can be used in either merchant-facing or hand-over payment environments to meet the varying requirements of global merchant markets.


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ECHO CEO to Retire PDF Print E-mail
Electronic Clearing House, Inc., a provider of electronic payment and transaction processing services, announced retirement of Chairman and Chief Executive Officer Joel Barry, effective July 2, 2007.

ECHO said President and Chief Operating Officer Charles Harris will assume the position of Chief Executive Officer, and independent Board member Richard Field will assume the role of non-executive Chairman of the Board of Directors.
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