Bancnet, established in 1996, is located in Houston, Texas. The company specializes in Point-of-Sale Electronics and is a Certified Repair Facility for most leading brand Point-of-Sale Manufacturers including Verifone, Hypercom, Nurit, Thales-Talento, Linkpoint, Ingenico-IVI, Magtek, RDM, Citizen, and others. The company also provides Equipment Deployment, Encryption Services, Accessories, and Supplies to credit card processors and companies that represent them.
CMS to acquire 51% of Northern Star Financial -- 03:34:14(CST)2-07-2012 Lake Mary, Fla., Feb. 7, 2012 -- Corporate Merchant Services Inc. based in Lake Mary, Florida has announced an agreement to acquire 51% of Northern Star Financial, Inc. (OTCBB: NSBK), the parent company of Northern Star Bank. Terms of the deal were not disclosed. The offer is subject to regulatory approval. The acquisition will bring new jobs and growth to the bank and CMS.
Mopay, paymentez form strategic mobile payments alliance -- 03:02:15(CST)2-07-2012 Palo Alto, Calif. & Sao Paulo, Brazil, Feb. 7, 2012 -- mopay, a global leader in innovative payment solutions for online merchants, today announced a strategic partnership with paymentez, the leading Latin American alternative payments network based in Brazil. mopay will add a direct carrier billing method for single and recurring online payments to paymentez’ existing payment methods, including an in-app solution for the Android platform.
Text2Pay launches mobile billing platform wizard -- 02:57:31(CST)2-07-2012 New York, Feb. 7, 2012 -- With the completion of these 3 simple steps, merchants will instantly be able to use the Text2Pay mobile payment service to bill their customers for virtual goods and online content. There is no need to wait for confirmation emails or lengthy sales calls.
USA Technologies extends relationship with Elavon -- 02:52:42(CST)2-07-2012 Malvern, Pa., Feb. 7, 2012 -- USA Technologies, Inc. (NASDAQ: USAT), a leader of wireless, cashless payment and M2M telemetry solutions for self-serve, small-ticket retailing industries, announced that effective November 2011, the company has extended a ten-year relationship for an additional three-years with Elavon, a wholly-owned subsidiary of U.S. Bancorp (NYSE: USB), and a leading global payments provider. Through the delivery of world-class service and competitive pricing, the agreement provides USA Technologies with Elavon’s support to continue with its growth plans.
Citi receives approval to launch credit cards in China -- 02:49:28(CST)2-07-2012 Shanghai, China, Feb. 6, 2012 – Citibank (China) Co. Ltd. ("Citi") announced today that it has received approval from the China Banking Regulatory Commission to launch a credit card business in China. The business will encompass both retail and commercial cards, and is expected to be launched sometime in 2012.
Al Rajhi Bank issues 15k Gemalto EMV cards daily in Saudi Arabia -- 02:42:01(CST)2-07-2012 Amsterdam, The Netherlands, Feb. 7, 2012 -- Gemalto (Euronext NL0000400653 GTO), the world leader in digital security, announces that Al Rajhi Bank, the largest financial institution in Saudi Arabia, has completed the main phase of the Dexxis Instant Issuance deployment program for on-the-spot EMV card delivery. With more than 500 branches equipped nationwide and over 15,000 cards issued daily, Al Rajhi Bank embarked on the largest rollout of any smart banking card instant issuance solution. Gemalto’s unique offer encompasses highly secure EMV DDA1 payment cards, a complete, mission-critical issuance solution along with a full set of services: training, end-to-end project management, maintenance and support.
MotionPoint opens London office to drive European e-commerce -- 11:47:48(CST)2-07-2012 Coconut Creek, Fla., Feb. 7, 2012 -- MotionPoint Corporation, the worldwide leader in website translation and globalisation services, today announced the February opening of its London office, which will serve MotionPoint’s rapidly growing portfolio of clients in Europe. The move will enable the South Florida-based company to accelerate the growth of cross-border trade and e-commerce that it currently supports across the region.
DrawCard solution wins in two Paybefore awards categories -- 11:21:07(CST)2-07-2012 Johannesburg, South Africa, Feb. 7, 2012 -- Paybefore has selected DrawCard’s Santam Insurance Claims Card as a 2012 Paybefore Awards winner in two categories - the Best Emergency/Insurance/Non-Government Benefits Prepaid Program as well as the Best Non-US based Prepaid Program. Paybefore Awards, now in its sixth year, is the most prestigious recognition of excellence in the worldwide prepaid and stored value card industry. The awards are presented annually by Paybefore, whose publications are the leading source of industry information for the global prepaid community.
Billtrust launches Invoice Central network for SMBs -- 11:16:46(CST)2-07-2012 Hamilton, N.J., Feb. 7, 2012 -- Billtrust, the premier provider of outsourced billing services, today announced the launch of Invoice Central, a groundbreaking, cloud-based business invoice network that is focused on streamlining invoice delivery and payment for both vendors AND small businesses. Invoice Central provides vendors with a hub-based approach to deliver invoices and accept payments electronically. Small businesses can sign up for free, log in and begin receiving and paying invoices from multiple vendors from one convenient website. Invoice Central empowers small business owners with a one-stop location for invoice and payment management, helping them avoid late fees, maximize early-pay discounts and save time by scheduling future payments.
