Friday , March 29, 2024

Search Results for: atms

Deal with TRM Unit Gives Select-A-Branch Access to National Market

Select-A-Branch ATM Network LLC, the startup that offers electronic multibank branding on its ATMs, is about to bust out of the Northeast thanks to a new pact with TRM Corp.'s Access To Money network. The exclusive distribution agreement-in-principle deal would give Select-A-Branch potential access to about 3,000 ATMs in convenience …

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MoneyGram May Struggle for Traffic on Vcoms, Expert Warns

MoneyGram International Inc.'s deal with Cardtronics Inc. to process remittances and bill payments on more than 2,000 sophisticated kiosks Cardtronics operates in 7-Eleven Inc. convenience stores may extend MoneyGram's reach, but at least one observer questions whether the service will get the traffic the Minneapolis-based money-transfer company is expecting. “I …

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Electronic Payments Are Poised To Ride Out Economic Storms

The electronic-payments industry can expect the well-established consumer shift away from credit cards and toward debit and prepaid cards to continue in today's turbulent economic climate, but other changes are afoot as the financial landscape rapidly changes, according to Maynard, Mass-based Mercator Advisory Group Inc. Some of the most significant …

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New BBB-Backed Payroll Card Program Aims at Fast Growth

In the hunt for a trustworthy partner, a prepaid card issuer and payment card network probably couldn't do better than the Better Business Bureau. That's the theory, at least, behind the new MasterCard-branded TrustCard, a payroll card issued by Palm Desert National Bank that initially is being offered by the …

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Canada Is Set to Start a National Rollout of Chip-Equipped Debit Cards

Canada's financial institutions will start issuing microchip-embedded debit cards by the end of the year, the country's national electronic funds transfer network said on Tuesday. The rollout of chip cards, which follows a year-long pilot of so-called chip-and-PIN technology in the Kitchener-Waterloo, Ontario, area, will over the course of four …

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Better ATM: Amazon Gift Cards Now, Network-Branded Cards Later

A 3-year-old technology firm called Better ATM Services Inc. that configures ATMs to dispense prepaid cards is moving beyond its Phoenix-area proving grounds with local restaurants and into a test involving Amazon.com gift cards. If it works, distribution of network-branded prepaid cards could be next. During the upcoming holiday-season pilot …

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Time Is Short, But Revolution Money Sticks to Million-Merchant Goal

Revolution Money Inc., the upstart that bills itself as merchants' low-cost alternative to the established card brands, this week announced that Murphy Oil USA Inc. is now accepting its RevolutionCard. It's a notable win for Revolution Money as Murphy has nearly 1,000 gas stations in 20 states, most located in …

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Visa Plans Launches for Google’s Android, Nokia, And Money Transfer

Visa Inc. on Thursday said it will introduce transaction alerts and other services that will work with Google Inc.'s new Android operating system for mobile phones. The world's largest payments network also said it has developed contactless-payment and money-transfer applications for a new handset from Nokia that features near-field communication …

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Interchange: the Unheralded Benefit of Unembossed Cards

Visa Inc. this week announced it would permit the widespread issuance of unembossed consumer credit and debit cards and business debit cards. In doing so, Visa played up the advantages to issuers, including less-complex supply-chain management, quicker activation, the ability to issue cards to customers in person at bank and …

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Fiserv Scores Mobile ‘Triple Play,’ But No POS Payments Soon

Although processor Fiserv Inc. dived in to mobile banking and payments head first on Tuesday with its announcement that it would offer mobile services through three channels on one platform, it will be some time before mobile point-of-sale payments become available on the new product. Dubbed Fiserv Mobile Money, the …

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