Ethiopian Bank Selects Payment Gateway from iVeri Payment Technologies

iVeri has licensed its Payment Gateway and MiCard™ e-payment processing solution to Dashen Bank SC, a private commercial bank in Ethiopia. iVeri's Payment Gateway will help Dashen Bank to become the first bank in Ethiopia to acquire mCommerce, eCommerce and Mobile merchant transactions. (PRWeb Apr 30, 2009) Read the full story at http://www.prweb.com/releases/2009/04/prweb2371634.htm

British Museum Company Limited Optimizes Email Marketing with Lyris HQ

EMERYVILLE, Calif. & LONDON----Lyris, Inc., the online marketing expert, today announced British Museum Company Limited chose Lyris HQ to manage its online marketing campaigns. The solution will enable the organization to optimize its email marketing efforts, as well as improve its tracking and interaction with customers.

DJ HUGIN NEWS/ClickandBuy expands into Brazil

McAfee becomes the first to use ClickandBuy to tap into one of world's fastest growing consumer markets London, 29 April 2009. ClickandBuy, the online payment processing company, today announced that it is to enter the fast-growing Brazilian market.

Improving the lifetime value of the customer

Marketers need to prioritise their marketing initiatives across several dimensions.

nTelagent Launches 'Healthcare Cash Register,' Allows Patients to ...

It's not only the economy to blame. For a while now, individual healthcare consumers have had to take on more and more financial responsibility for their healthcare costs. No longer able to solely rely on post-service payments from third-party payors ...

Litle & Co. Shares Recurring Transactions Best Practices to Help Merchants Gain a Competitive Edge and Improve ...

Lowell , Mass. , April 27, 2009 – Today’s consumers spend $1 Trillion annually on recurring transactions and installment billing, utilizing their credit cards for routine monthly payments in order to accumulate miles, points or some other form of reward.

nTelagent Launches 'Healthcare Cash Register,' Allows Patients to ...

It's not only the economy to blame. For a while now, individual healthcare consumers have had to take on more and more financial responsibility for their healthcare costs. No longer able to solely rely on post-service payments from third-party payors ...

Twitter attracts more visitors than MSN Search

LONDON - twitter is continuing its phenomenal surge in popularity, accounting for more UK internet traffic than MSN UK Search.

Yucheng Builds New Stand-Alone Credit Card Call Center for Minsheng Bank

Yucheng Technologies Limited , a leading provider of IT solutions and services to China's banking industry, today announced that it will deploy a stand-alone credit card call center for China Minsheng Bank , with brand new systems designed to track and avert fraud.

MultiChoice Subscribers Go Cashless with txtNpay

Accra, April 27, GNA - The thrill and convenience of engaging in cashless transactions for goods and services was experienced by hundreds of MultiChoice subscribers for the first time when Afric Xpress, a pioneer mobile phone-based payment solution ...

Bernanke Warming Prompts Record Company Debt Sales (Update3)

April 27 (Bloomberg) -- Wherever you look, federal reserve Chairman Ben S. Bernanke ’s efforts to repair global credit markets are showing signs of working. The Libor-OIS premium that indicates banks’ reluctance to lend to each other fell to 0.85 ...

Local Columbus Technology Veteran to Join Znode

Znode Inc, an ecommerce software company, announced today that Jeff Haskett, will join its executive ranks as Chief Operating Officer. Founded in 2003, and with over 250 customers in seven countries, Znode Inc. is based in Dublin, Ohio and is a leading provider in extremely adaptable ecommerce software for creative agencies and enterprises. (PRWeb Apr 26, 2009) Read the full story at ...

Due to Increased Inquiries Bankcard Empire Responds by Adding Another Affiliate

Bankcardempire.com/16314 advances end-users the funds against their future credit card receipts. From this a mutually agreed-upon percentage is taken of the daily merchant's visa/MasterCard receipts until full repayment.

Correction: RDM Corporation to host Q2 Conference Call on Friday, May 1, 2009

RDM Corporation , a leading provider of specialized software and hardware products for electronic payment processing, expects to announce its financial results for the second quarter of fiscal 2009 on the morning of Friday, May 1, 2009 rather than Thursday, April 30 as previously announced.

Bankcard Empire Adds Affiliate Manager for East Coast of Florida

Bankcardempire.com/ggm707advances end-users the funds against their future credit card receipts. From there a mutually agreed-upon percentage is taken of the daily merchant's visa/MasterCard receipts until full repayment.

eBay Q1 Profit Falls, Tops Estimate

(RTTNews) - Wednesday after the bell, online auction titan ebay Inc. (ebay: News ) reported a 22% drop in net income, hurt by lower revenue caused primarily by the impact of stronger dollar and decline of the core marketplaces business amid difficult ...

Free sites help you manage your money

Now that you've finally filed your 2008 taxes, how about starting out on a new foot and getting your finances organized? Next year when tax time rolls around, you could be sitting pretty while others sort through shoeboxes full of receipts. There is ... more...

Send E-Commerce Times Article:

I thought you'd like to read this article from E-Commerce Times: "Does Oracle's Sun Deal Mean Dark Clouds for Big Blue?" To help us differentiate messages submitted by individuals from those automatically entered by software robots, please type the ... more...

eBay India ties up with Kings XI Punjab to sell IPL merchandise

Mumbai, Apr 21 (UNI) eBay India (www.eBay.in), India's leading online marketplace, today announced a partnership with Kings XI Punjab to bring IPL merchandise to cricket lovers across the globe. Kings XI Punjab has set up a brand store http://stores ... more...

eBay Eliminates Third-Party Checkout, Impacts ProStores, Vendors

eBay will eliminate its Third Party Checkout Redirect on eBay as of June 15, 2009. Sellers who use third-party checkout solutions will no longer have the opportunity to display branding, cross-sell, up-sell and other merchandising opportunities at point-of-sale. This means a loss of sales for sellers and lost revenue for vendors who collect commissions on merchant sales. eBay will do away with ... more...

U.S. Congress, Obama aim at credit card companies

(Apr 20, 2009) -- The Obama administration will back Democratic legislators in "pushing very hard'' to crack down on credit card companies that hike interest rates on unsuspecting customers, Larry Summers, U.S. President Barack Obama's top economic adviser, said yesterday. Major players like Visa and MasterCard may be targeted, Summers said on NBC's Meet the Press. more...

TNS and Way Systems add Pin debit capabilities for Synapse customers

Transaction Network Services (NYSE: TNS) has teamed up with WAY Systems to offer PIN Debit capabilities to mobile merchant customers via Synapse, ... more...

Bling Nation Completes Successful Beta Project

PALO ALTO, Calif.----Bling Nation, a payments network provider for community banks nationwide, has completed a successful beta project with its Community Payments Service. Thirty-two employees of a Palo Alto, Calif.-based social networking organization were provided with $50 prepaid BlingTags for use at participating merchants over a 10-day period. more...

Why a Merchant Account is Vital for Your Online Business

Nowadays, a huge part of the retail market share comes from online purchases. Consumers buy anything and everything online, from shoe polish to electronics. With so many purchases taking place in the fast paced world of e-commerce, money changes hands often, with customer and retailer never coming face to face. Tapping into this market requires retailers to make payment as easy as possible for online shoppers. This is why a merchant account is so important.
If you sell products and services on the World Wide Web, a merchant account is a must for processing credit cards online. A merchant account is similar to the credit card machines that you see every day in brick and mortar retail stores, except this “machine” is virtual, and transactions are processed and approved in real time online. more...

Merchant Account Types that are Suitable for Business Needs

Merchant account refers to an account that a specific merchant deals with a bank to be able to accept credit card payments and orders from its customers. Because of being a lucrative business option, more and more people are have merchant account providers in the last years. However, there have been many issues surrounding merchant accounts and its providers over the years.
One of the common problems that people who deal with merchant account experience is the confusion which type that would suit their needs. To avoid confusion, as well as other problems that will come along the way, it is best if you familiarize yourself with the types of merchant accounts available. Aside from sparing you from financial difficulties, knowing the different types available will also help you decide which one will be the best option for your interest. more..

Ztail Offers Merchants Ability to Offer Free 'eBay Insurance'

With a new service from Ztail, retailers are able to offer consumers guaranteed resale values of the brand new items they are purchasing. Ztail's guarantee applies to new products purchased on its site from one of its authorized retail partners. Ztail locks in the resale value at time of purchase for 1 year. When the consumer is ready to sell the item, they go back to Ztail, which creates an eBay auction listing for them. "When your product sells, if you don't get the guaranteed resale price, we PayPal you the difference," the site explains.

Ztail cofounder Bill Hudak said the company is accepting new merchants and is working on a product to integrate on merchant's sites. "The fee structure is essentially the same as their normal affiliate fees, so around 5%. We will work with an existing affiliate program as long as they can provide a data feed, or we will take a datafeed directly." If Ztail has to pay out on transactions where the price is not met, it pays the difference, not the merchant. more...

Prepaid Account Offers Mobile Banking Service to Immigrants

Denarii Payments Inc. of Atlanta has developed a mobile phone-linked prepaid product called SizzleMoney that is initially targeting Hispanic immigrants.

People can use the product to send one another money by text message, access funds in their SizzleMoney accounts with a prepaid debit card and make purchases at the point of sale with their phones.

"It's basically mobile cash," said Donald Baggett, Denarii's founder and chief executive officer.
Denarii said SizzleMoney will appeal to immigrants, who often use their mobile phones as their primary method of communication. more...

Merchant Attack Exposes Vulnerability in eBay's PayPal Service

In mid-March, a merchant began receiving money into his PayPal account from bogus transactions and contacted PayPal. Neither he nor PayPal was able to get the money to stop arriving into his account, so PayPal restricted the merchant's account. For over 2 weeks, the merchant was unable to use his PayPal account to take orders, and while it does not appear to be a common occurrence, it could happen to any online merchant who becomes the victim of a determined fraud campaign.

The merchant, a programmer who sells scripts on his website, contacted us after the bogus transactions started arriving. And so began our investigation into a baffling case of online fraud in which we learned about some PayPal features that every merchant should know about and be prepared to use. more...

Merchant Account Types that are Suitable for Business Needs

Merchant account refers to an account that a specific merchant deals with a bank to be able to accept credit card payments and orders from its customers. Because of being a lucrative business option, more and more people are have merchant account providers in the last years. However, there have been many issues surrounding merchant accounts and its providers over the years.
One of the common problems that people who deal with merchant account experience is the confusion which type that would suit their needs. To avoid confusion, as well as other problems that will come along the way, it is best if you familiarize yourself with the types of merchant accounts available. Aside from sparing you from financial difficulties, knowing the different types available will also help you decide which one will be the best option for your interest. more...

Merchant Account Risk and Security

Merchant processing through merchant accounts is the way of paying through electronic payment for the business owners. Getting a merchant account and merchant processing involve gathering sales information, obtaining authorization for the transaction, collecting funds from the card-issuing bank, and reimbursing the business owner.

There are risks in opting for merchant processing. Whenever it has something to do with finance, if something goes wrong, someone will definitely lose money. Through merchant processing, it is important that nothing gets wrong with the processing or acquiring banks, or business owners who are with these banks under their merchant accounts can find themselves in mud. more...

Miva Merchant Announces E-Commerce Payment Processing Alliance with Chase Paymentech

Miva Merchant has become a certified partner with the Orbital gateway of CHASE Paymentech, the industry leader in e-commerce merchant account transactions. Building on its successful partnership with Intuit, which gives merchants access to QuickBooks and better QuickBooks integration for their stores, the new merchant account processing services are focused toward Miva Merchant's largest customers. Among the advantages of the Chase Paymentech gateway are the ability to process multiple payment types, as well as to process transactions in 140 currencies.
Russ Carroll, CEO of Miva Merchant, stated "We are excited to announce this partnership with Chase Paymentech. Taking two market leaders and joining forces can only lead to a better experience for large online merchants using the Miva Merchant platform."
Miva Merchant is an acknowledged industry leader in complete e-commerce solutions, with approximately 50,000 active online merchants currently using Miva Merchant's powerful and highly expandable shopping cart software, as well as design services and San-Diego based full-service support. more....

PCI Compliance: Frequently Asked Questions

Payment card industry compliance is confusing for many ecommerce merchants. But it potentially affects every merchant that accepts credit card payments. Failure to understand the PCI compliance standards could result in higher merchant account fees and fines from the credit card issuers.
Merchants oftentimes have similar general questions on PCI compliance. We posed some of them to Tim Erlin, principal product manager for nCircle, a security consulting and compliance firm that offers PCI-related services, among other compliance services. Those questions, and his answers, are below. more...