PlaySpan has announced the launch of UltimatePay Mobile, a “virtual currency and micropayments monetization widget for leading smartphone platforms.” The initial private beta launch will support HTML5, and is designed to work on all Android* smartphones, as well as Nokia phones with WebRuntime installed.
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Doctor’s Associates, the parent company of SUBWAY, and Think Computer Corporation have announced that FaceCash will now be accepted at certain SUBWAY locations in California. FaceCash is a mobile payment system that allows consumers to use their cell phones to make purchases at the point of sale. “FaceCash gets its name from its unique security process. During a purchase, the consumer’s face appears on the merchant’s register to verify identity.”
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Sprint announced a partnership with doxo to offer its customers a “new, easy-to-use paperless billing solution”. Sprint customers will be able to receive, manage and file all of their Sprint bills through doxo. NetBanker had a nice post a couple of weeks ago on doxo might remake the eBilling.
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American Express announced today the launch of inSite from American Express, an “innovative new shopping tool that delivers Membership Rewards bonus points, discounts, free shipping and other special benefits exclusively to American Express Cardmembers as they shop online.” American Express partnered with Billeo, Inc. to develop inSite exclusively for Cardmembers.
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Tempo has announced that the Sheetz convenience store chain is now utilizing the Tempo web-based debit card platform to offer debit/rewards cards that can be used everywhere Discover cards are accepted. Tempo’s “unique software-as-a-service technology makes it easy for companies to offer rewards debit cards and provide the ability to link an independent branded debit card to a customer’s existing checking account, a capability sometimes referred to as decoupled debit.”
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MTN Group, the leading mobile operator in Africa and the Middle East, and Western Union have announced a commercial agreement to introduce international mobile remittance services in the 21 countries where MTN operates. This will allow MTN subscribers to send and receive Western Union Money Transfer transactions using their MTN MobileMoney accounts.
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Bankrate has announced key findings from a new study on gift cards. “Bankrate surveyed 54 gift card issuers to determine fees that come from major gift card providers as well as where consumers can get the most value for their money.” The full 2010 Gift Card Study is available here.
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American Express has announced it has agreed to acquire Accertify, a “leading provider of solutions that help merchants combat fraudulent online and other card-not-present transactions.” Accertify offers merchants the option to outsource their end-to-end fraud management process. Many of its customers have quickly achieved significant gains in the efficiency, accuracy and productivity of their fraud prevention efforts with reductions of 50% or more in their fraud losses and customer complaints due to fraud. The purchase price is expected to be approximately $150 million. Upon closing, Accertify would operate as a wholly owned subsidiary of American Express.
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GMAC, the Graduate Management Admission Council, has announced that people in China can now use Alipay, a major Chinese third-party online payment solution, to make purchases from the mba.com store, the official supplier of test-preparation material for the Graduate Management Admission Test (GMAT).
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Digital River has announced a “comprehensive stand-alone global e-payments solution for online merchants in markets, including e-retail, travel and entertainment, and online services. Designed to increase revenue and customer lifetime value, Digital River World Payments enables online merchants to manage the entire payment lifecycle through a single connection to a payment gateway, merchant account services or fully outsourced payment programs.” More information is available at www.digitalriverpayments.com.
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