Wednesday, June 23, 2010

American Families Can Now Earn Over $600 Cash Back Each Year Just for Using a Debit Card

The first debit card to offer 2 percent cash back for all your everyday spending is here

BOSTONJune 23 /PRNewswire/ -- PerkStreet Financial(SM), the progressive online financial services company with the best checking account rewards in the United States, is now offering the first 2 percent cash back program for debit card users. In addition to 2 percent cash back, customers can earn up to 5 percent cash back when they spend at preferred merchants or in specified categories (like gas or home improvement). The typical American family can now earn over $600 annually for their everyday spending, without having to pay membership fees or jump through hoops to earn the rewards.
The new PerkStreet Financial Visa® Debit Card even puts more cash back into customers' hands than most "high interest" checking programs. Consumers no longer need to take on annual fees or grow their debt just to get great rewards.  
To kick the summer off, PerkStreet(SM) is offering 5 percent cash back to customers who purchase gas, home improvement goods and/or ice cream (at selected merchants) during the remainder of June and the month of July, 2010. In addition, PerkStreet will be announcing many other special opportunities to earn up to 5 percent throughout the year.  
"With this offer we're beating many credit card rewards programs in the market today, which is unheard of for a debit card. And when it comes to debit card rewards, it's really not even a fair comparison," said Dan O'Malley, CEO of PerkStreet Financial. "If you've been spending on credit cards just to get rewards, this is the alternative you've been looking for. Imagine, finally being rewarded for spending wisely."
PerkStreet customers can earn 2 percent cash back on all non-PIN debit card purchases when they have a daily opening balance of at least $5,000 in their checking account. Customers will continue to earn PerkStreet's standard 1 percent cash back on all non-PIN debit card purchases even when their account balance is less than $5,000 — still 25 times better than the average debit card rewards program.  PerkStreet is offering a three month grace period before the balance requirement takes effect.
PerkStreet is changing the way banking is done, offering customers 50 times* more rewards than the average debit card, and rewarding them for spending intelligently using debit, not interest-bearing credit cards. Because the company doesn't waste billions on bank branches, PerkStreet can pass that savings on to its customers in the form of fun rewards (cash back, music, coffee).
PerkStreet's development cycle is under three months, compared to the one- to two-year development cycle at a typical bank. Several new products and offerings to further simplify banking and better serve customers are under development and scheduled to launch in 2010, including a secure remote capture application that will let customers make mobile check deposits by simply snapping a picture of the check and uploading it to their account.
To sign up for PerkStreet Financial's new 2 percent cash back offering, visit
About PerkStreet Financial
PerkStreet Financial is the progressive online financial services company that offers the most valuable online checking account and debit card rewards combination in the U.S. PerkStreet sets itself apart from other online banks by taking the $80 billion that the big branch banks spend on building and maintaining branches every year and passing that savings on to their customers in the form of better rewards. PerkStreet offers the most fully featured FREE checking account in the U.S., a debit card with the most rewards and access to the largest network of FREE ATMs in the country. For more information about PerkStreet Financial, visit
The PerkStreet Financial Visa Debit Card is issued by The Bancorp Bank, Member FDIC.  
According to the U.S. Bureau of Labor Statistics, the average American household spends $601 per week on purchases that could be put on a debit card, which would earn $625 annually with a balance of $5,000 or above.
*The average debit card offers .04% rewards vs. PerkStreet at 2%. 17% of debit cards offer rewards (Source: BAI/Hitachi 2008 Study of Consumer Payment Preferences). Of debit cards that offer rewards, the average value provided is 0.23% of spending (Source: Survey of the top 10 bank holding companies by total domestic deposits, as ranked by the FDIC). The resultant value provided by the average debit card is 0.04% of spending compared to PerkStreet at 2%.

Jerry's Subs & Pizza Boost Sales, Check Averages Using TakeOut Technologies

WASHINGTON--(BUSINESS WIRE)--Jerry's Subs & Pizza ( has become the latest restaurant chain among many to see the incredible returns on investment possible through the implementation of online ordering.

“There are so many uses to the information I am able to collect, it's almost limitless.”
Six months ago, the company started using a fully integrated online ordering suite through TakeOut Technologies ( The results have been outstanding. “Using this technology, I'm going to continue to build this business,” said Dana Siller, Director of Corporate Marketing at Jerry's Subs & Pizza.
Jerry's Subs & Pizza has 65 locations in the mid-Atlantic region and has rolled out online ordering system wide after a beta test with just a few locations. Since launching online ordering with TakeOut Technologies, online sales have grown each sequential week – up 100% from the initial launch.
The company has updated menus with the new online ordering capabilities and in-store posters, counter cards and flyers were distributed to all locations alerting customers to the new service.
Adding online credit card payments to the ordering process has boosted check amounts even more. Jerry's did a test – ran the numbers of two comparable locations, both offering online ordering and delivery, with one allowing online payment via credit card and one that was cash only upon delivery. The results spoke for themselves – an average check increase of $7-$8 on those orders with credit card payments. “It's crazy at this point to have online ordering without credit card processing,” Siller added.
Beyond the increase in sales and per check averages, the data mining Jerry's is able to do with TakeOut Technologies is invaluable, according to Siller. At any time, he can run reports indicating which customers are frequent orderers, which have ordered once but not repeated and which signed up for their e-club but never placed an online order, and develop an email marketing message to match.
“Online Ordering has been an excellent investment for our company, a real value,” he concluded. “There are so many uses to the information I am able to collect, it's almost limitless.”
About TakeOut Technologies
Born out of Restaurants in the Run in 1993, TakeOut Technologies is an industry leader and innovator in the development of technology solutions for multi-unit and chain restaurant operators throughout the United States. The company has created a unique branded online ordering system that integrates seamlessly with clients' web sites and existing POS systems.
Clients such as Marie Callenders, Jerry's Subs and Pizza, Wolfgang Puck and countless others use innovations created by TakeOut Technologies to speed their take-out, delivery and curbside business dramatically. The company has also expanded its technology offerings to give clients the tools needed to analyze customer trends and create email campaigns to maximize web traffic.More information about the company and its expertise can be found at


For TakeOut Technologies

Aimee Cebulski, 619-549-4810

POS-X partners with tekservePOS for Distribution into Latin America

His family was originally from Serantes, Ferro...Image via Wikipedia

BELLINGHAM, Wash.--(BUSINESS WIRE)--POS-X, a leading supplier of performance Point of Sale Hardware Solutions, has partnered with tekservePOS, LLC to distribute POS-X hardware throughout Mexico and Latin America. The partnership is in alignment with POS-X’s growth strategy to expand its reach into new markets and establishes a foundation for future growth in the region. In addition, tekservePOS will serve as a certified technical support and warranty repair center at their facility located in Mexico.

“When looking for a partner in Latin America, we felt it was important to work with a company that not only could handle our product logistics, but could also function as an effective sales, support and repair agent”
“When looking for a partner in Latin America, we felt it was important to work with a company that not only could handle our product logistics, but could also function as an effective sales, support and repair agent,” says Dan Moseley, President and CEO of POS-X. “We’re excited to be joining forces with a like-minded company such as tekservePOS and feel this partnership provides a great opportunity for both companies to expand their markets.”
“The alliance with POS-X allows tekservePOS, MEXICO, to offer a competitive product with an exceptional local warranty, something unheard of in the Mexico and Latin American marketplace,” explains Andre Byczkowski, Director of Latin America, tekservePOS. “The high technology and low cost of ownership of POS-X product line, combined with the high-quality services of the tekservePOS international network of technicians and state-of-art Web Portal will provide Latin American retailers with faster, higher-quality deployment services needed to operate their business.”
About tekservePOS
tekservePOS provides complete POS technology and IT solutions for Retail and Hospitality including POS and IT managed services, POS hardware and software solutions. With an experienced staff and field technician force, tekservePOS handles all technical and field needs from asset management, asset disposal, staging and integration, wiring, maintenance and repair services. With the recent launch of tekRETAIL Suite, 24/7 Help Desk offering and partnerships with top hardware providers, tekservePOS can help you realize lower costs and greater efficiencies by leveraging our complete, customizable solutions across your IT operations. Visit us at
About POS-X
POS-X, Inc. is a leading manufacturer of Point of Sale Hardware for the Retail, Restaurant and related industries. Distributed by ScanSource, Inc., POS-X offers a complete line of top quality, reasonably priced POS hardware including a wide selection of TouchPCs, Touch Monitors, Barcode Scanners, Receipt Printers, Pole Displays, Cash Drawers, and Card Readers. Built Tough, Priced Right, POS-X is simply Point of Sale Perfected. For more information, visit or email


Dana Harder, Marketing Director



Enhanced by Zemanta

Congressional Compromise Good for Visa, MasterCard

DES MOINES, Iowa - A compromise on proposed legislation that was to limit fees that  banks charge merchants for accepting debit cards will benefit major payment processors including Visa Inc. and MasterCard Inc., analysts said Tuesday.

The agreement requires the Federal Reserve to set limits on those fees, based on what it considers "reasonable and proportional" to the cost to banks. The agreement allows the Fed, in determining the fee amount, to consider the banks' costs of protecting against debit card fraud.  The changes would require the Fed to regulate only the fees set by banks, not by the credit card networks such as Visa and MasterCard. The bulk of the fees are imposed by banks.  THE OPINIONS: The compromise was seen by industry analysts as a big advantage for Visa and MasterCard.  "We believe that the proposal is relatively less onerous for the payment networks," wrote Jefferies & Co. analyst Richard B. Shane Jr. in a Tuesday investor note.  <<read more>>

Related articles by Zemanta

Enhanced by Zemanta

Compass Plus Launches TranzWare Mobile Banking

 Compass PlusEnd-to-end mobile banking solution enables full account management capabilities
ST. LOUIS--(BUSINESS WIRE)--Compass Plus, an international provider of electronic funds transfer (EFT) and retail banking technology to financial institutions, today announced the release of its enhanced TranzWare Mobile Banking product to enable its clients to provide an end-to-end mobile banking solution to a broader range of consumers.
“It has become vital for institutions to offer more robust account management capabilities through mobile banking. Compass Plus’ TranzWare software assists banks and credit unions with integrating SMS messaging outreach and end-to-end mobile banking capability, creating more points of touch with customers and credit union members to strengthen relationships.”
TranzWare Mobile Banking enables banks and credit unions to expand the convenience of online banking to consumers’ mobile devices, providing access to Internet banking features such as details and statements for multiple accounts; management of debit and credit cards; bill pay functionality; person-to-person payments; and the ordering of the institution’s products and services. The platform can be accessed by any smart phone user.
To offer mobile banking to consumers who do not use advanced smart phones, Compass Plus developed MIDlet, providing all of the functions of Internet banking in an interface that is adjusted to fit the screen and capabilities of a feature-limited mobile device. Previously, consumers with these phones would need to complete singular transactions through SMS messaging, with each one incurring the cost of a text message. With mobile Internet access through MIDlet, only the equivalent cost of one to two messages is used in checking multiple account balances and making several payments.
“As consumers have come to expect constant access to personal finances, institutions have answered by providing account updates through SMS messaging alerts,” said Doug Varble, North American vice president of Compass Plus. “It has become vital for institutions to offer more robust account management capabilities through mobile banking. Compass Plus’ TranzWare software assists banks and credit unions with integrating SMS messaging outreach and end-to-end mobile banking capability, creating more points of touch with customers and credit union members to strengthen relationships.”
TranzWare Mobile Banking is the latest addition to the TranzWare suite of products built by an in-house team of Compass Plus developers. The highly flexible architecture and single-integration structure of TranzWare products enable effective use of applications in a broad spectrum of business environments, as well as easy deployment and management. All TranzWare products are PCI DSS and PA DSS compliant.
About Compass Plus
Compass Plus, an international provider of electronic funds transfer (EFT) and payments technology, with a North American office based in St. Louis, specializes in the development of software for building, implementing and managing retail banking systems, including payment card and bank account management, fraud detection, transaction processing, mobile and electronic commerce and other systems necessary for developing and running electronic payment projects. The company serves more than 100 customers in 25 countries.


For Compass Plus

Media contact

Bevin Rochester, 678-781-7215

Enhanced by Zemanta

New West Technologies Honored as 2010 Microsoft Dynamics Point of Sale Solutions Partner of the Year

2010 Microsoft Partner of the yearToday, New West Technologies, Inc. proudly announced it is a Microsoft Partner Awards winner as Microsoft Dynamics Point of Sale Solutions Partner of the Year. The company was chosen out of an international field of top Microsoft partners as delivering market-leading customer solutions built on Microsoft technology.

Portland, OR (PRWEB) June 23, 2010 -- Today, New West Technologies, Inc. proudly announced it is a Microsoft Partner Awards winner as Microsoft Dynamics Point of Sale Solutions Partner of the Year. The company was chosen out of an international field of top Microsoft partners as delivering market-leading customer solutions built on Microsoft technology.

"Winning this award again exemplifies New West Technologies' commitment to provide the best POS solutions to our mutual customers," said Dan King, CEO and Chief Sales Officer. "Working with Microsoft over the years as a Gold Certified Partner has enabled us to broaden our portfolio.

Every year we work hard to innovate solutions that have measurable, bottom-line impact for our customers as we look to new markets and develop new technologies."

Awards will be presented in a number of categories, with winners chosen from a pool of almost 3,000 entrants worldwide. New West Technologies, Inc. was recognized for superior technology and innovation in Microsoft Dynamics Point of Sale Solutions Partner of the Year. The Microsoft Dynamics Point of Sale Partner of the Year Award honors partners who have exhibited excellence in providing innovative and unique solutions based on Microsoft Dynamics Point of Sale. This award recognizes New West Technologies, Inc. for demonstrating consistent, high-quality, predictable service to Microsoft Dynamics customers to help ensure significant business benefits for their customers.

2010 Microsoft Partner of the year

"New West Technologies has built a strong solution on the Microsoft Dynamics platform that greatly benefits retailers across North and Latin America," said Doug Kennedy, vice president, Dynamics Partners, Microsoft Corp. "Microsoft is pleased to award New West Technologies the Microsoft Dynamics Point of Sale Partner of the Year Award for their New West Web Integration solution. This solution helps to seamlessly connect online and in-store experiences ensuring accurate, consistent data that retailers can leverage to enhance the customer experience and build loyalty."

The Microsoft Partner Awards recognize Microsoft partners that have developed and delivered exceptional Microsoft-based solutions over the last year.

About Microsoft Dynamics

Microsoft Dynamics is a line of financial, customer relationship and supply chain management solutions that helps businesses work more effectively. Delivered through a network of channel partners providing specialized services, these integrated, adaptable business management solutions work like and with familiar Microsoft software to streamline processes across an entire business.

About New West

Founded in 1992 in Portland, Oregon, New West Technologies is a leading integrator of retail POS software solutions and Microsoft Dynamics Retail products. As a full-service technology provider with extensive experience in small business computer networking and retail software development and installation, we deliver easy-to-use, practical solutions that dramatically improve your profitability and workflow management.


Trackback URL:

Enhanced by Zemanta

SmartMetric, Inc. Files Motion in Visa/MasterCard Case

Official seal of the U.S._District_Court_for_t...Image via Wikipedia

Calls for a Jury Trial Against MasterCard and Visa in Its Patent Infringement Case

BAY HARBOR, FL--(Marketwire - June 23, 2010) -  SmartMetric, Inc. (OTCBBSMME) announced today that the Company filed an opposition to defendant MasterCard Incorporated ("MasterCard") and Visa, Inc.'s ("Visa") June 14, 2010 "Motion to Dismiss for Failure to State a Claim."

As set forth in the Company's opposition to the defendant's motion to dismiss, "The First Amended Complaint seeks monetary and injunctive relief, and properly alleges jurisdiction and venue. The Company's opposition concludes by reiterating that the defendants "have adequate information to answer. The Court should deny their motion and Order defendants to answer." 
A hearing on the defendant's motion is presently scheduled to be heard on July 12, 2010 at 2:00 pm in the United States District Court for the Central District of California.
Commenting on the Company's response to the defendant's motion to dismiss, SmartMetric's CEO Colin Hendrick said, "While the Company expected delaying tactics by the defendants, they have shown an unwillingness to deal with the substantive merits of our case. But they can only delay for so long before they will be in the courtroom facing our serious complaint against them."
About SmartMetric, Inc.

SmartMetric, Inc. has developed a portable biometric identity and transaction card capable of storing a wide variety of personal information while protecting you against identity theft and fraud. It is one of the most advanced portable identity authentication solutions in the world today. The card contains a biometric fingerprint scanner and reader which only you can unlock and is smaller and thinner than a credit card. The SmartMetric card is ideal for a wide range of consumers, including Personal, Government and Corporate.
For more information please visit us at

Enhanced by Zemanta

CheckAlt™ Electronic Payment Processing Solution Signs Two New Clients

CheckAlt Improves Bottom Line For Naviron and Jonah Light Photography

LOS ANGELESJune 23 /PRNewswire/ -- CheckAlt, from Skyline's DirectFED Payment Solutions, today announced that two new clients have signed on to use CheckAlt, the company's proprietary e-check transaction processor. CheckAlt provides the fastest and most secure form of electronic payment for businesses by allowing merchants to receive payments via electronic checks online.  Customers are able to pay merchants in just a few clicks of a mouse, making CheckAlt a premier payment solution in the business-to-business online transaction-processing arena.
"CheckAlt provides companies and organizations a more efficient, cost-effective and faster way to receive payments," statedShai Stern, Co-Chairman of Skyline's DirectFED Payment Solutions. "By offering merchants a way to reduce payment processing costs and supplement their existing processing options by adding an online e-check solution, CheckAlt allows businesses to become more profitable and ensures timely access to cash flow."
Jonah Light Photography is one of the newest satisfied customers using CheckAlt, taking full advantage of CheckAlt's low payment processing expenses.  "By having my clients use CheckAlt, I will be able to reduce my operating expenses since there's a lower payment processing fee," stated Jonah Light, owner of Jonah Light Photography. "When I compare it to PayPal or credit card transactions, I'm saving a significant amount. It's also much more convenient and faster with getting payments in my account."
Jonah Light Photography specializes in advertising and event photography, as well as corporate headshots and branding a company's online content.
Naviron, a highly recognized recruiting firm in Los Angeles, California, specializing in placing entry-level to experienced executive-level professionals in the areas of sales, accounting and finance, marketing and advertising and human resources and technology, is another new addition to CheckAlt's growing network.
"CheckAlt is an ideal payment solution for Naviron since we are on monthly retainers with our clients, and it proves to be a faster way of payment," stated Evan Harmon, president of Naviron. "CheckAlt allows us to create invoices and send to the client immediately, as well as receive payment in an expedited manner."  
"It's faster than using QuickBooks for invoices since payments take weeks to be received," added Harmon.  "With CheckAlt, I am able to send out an invoice and once a client makes a payment, I am able to view the pending payment and know the exact status of the funds."  
To learn more about CheckAlt or to enroll please visit
About CheckAlt of Skyline's DirectFED Payment Solutions
CheckAlt is a division of Skyline's DirectFED Payment Solutions, which is the first business-centric processor performing Remote Deposit Capture. Skyline's DirectFED takes advantage of the benefits created by the Check Clearing for the 21st Century Act ("Check 21"). Skyline's DirectFED goals for their customers are to optimize float, reduce bank fees and provide significant back-office savings by taking advantage of new laws and technologies. Their patented suite of products provides unique solutions for businesses that range from multinationals to small enterprises, not-for-profits, municipalities and all types of financial institutions. For more information visit
SOURCE Skyline's DirectFED Payment Solutions

Todays Headlines

CounterPoint SmartAlerts™ provides retailers concise, actionable data on store activities via mobile technologyATLANTA--(BUSINESS WIRE)--Radiant Systems, Inc. (Nasdaq: RADS) today announced that it has launched CounterPoint SmartAlerts™, a powerful new tool within its CounterPoint retail product suite that helps retailers monitor activities within each of their stores by receiving timely alerts via SMS text and e-mail. SmartAlerts...
Washington DC-area restaurateurs to benefit from industry-leading payment technologiesPRINCETON, N.J.--(BUSINESS WIRE)--Heartland Payment Systems (NYSE: HPY), one of the nation’s largest payments processors, has been named the Restaurant Association Metropolitan Washington’s (RAMW) exclusive endorsed provider of card processing, gift marketing and check management services. These industry-leading payment solutions are part of the suite...
Technology to detect anomalies in merchant activity, mitigate pre-mature riskDALLAS--(BUSINESS WIRE)--GDS Link, a global provider of customer-centric risk management and process automation solutions, has been selected by RBS WorldPay to incorporate its flexible decisioning technology for better portfolio segmentation and merchant fraud identification.“Accounting for emerging fraud trends and patterns is an absolute in our industry”Enlisting...
New executive to serve as company liaison between business and financial institutionsPALO ALTO, Calif.--(BUSINESS WIRE)--Bling Nation, a provider of mobile payment services that connects financial institutions, businesses and consumers through tap and pay purchases at the point of sale, announced the addition of Matthew Murphy to the company’s executive team.“Consumers are rapidly embracing our mobile payments services, finding it incredibly...
Highly flexible gateway connects all areas of payment and transaction management into a single easy-to-use interface and reporting system.With FreeWay, marketing, financial, and analytical departments are now empowered to utilize previously unattainable real-time information at the point-of-sale.RADNOR, Pa.--(BUSINESS WIRE)--FreedomPay, the U.S. market leader for intelligent transaction management solutions, today announced that it...
Sophos June roundup – "90 Second News" Don't just read the latest computer security news – watch it in 90 seconds!Learn how Facebook 'clickjacking' actually works. Find out why Google is in the dogboxover vulnerability disclosure. See which companies had PR disasters sending out malware this month. And smile at the latest cybercrime busts in Spain.Watch and enjoy: (Enjoy this video? You can check...
LAS VEGAS, NV--(Marketwire - June 22, 2010) -  Shift4 Corporation, the world's leading independent provider of payment gateway services, announced today that it will offer fully integrated gift card services via IT'S YOUR CARD® to new and existing users of DOLLARS ON THE NET® until December 31, 2010.As part of this promotion, Shift4 customers will receive IT'S YOUR CARD with no fees for the following:Unlimited...
Image via CrunchBase STAMFORD, Conn., June 21, 2010 —    The number of mobile payment users worldwide will exceed 108.6 million in 2010, a 54.5 percent increase from 2009, when there were 70.2 million users, according to Gartner, Inc. Mobile payment users will represent 2.1 percent of all mobile users in 2010. "We continue to see strong growth in developing markets in Asia, Eastern Europe, the Middle East and Africa for mobile payment,...

Read more:
Enhanced by Zemanta

Disqus for ePayment News