Wednesday, September 21, 2011

Sightline Payments to Showcase Innovative Payment Solutions at Global Gaming Expo (G2E) 2011

Sightline solutions will be on display in Bally Technologies exhibit booth. Sightline announces exclusive partnership with payment authentication leader Adaptive Payments.
G2E 2011
LAS VEGAS--(BUSINESS WIRE)--Sightline Payments (Sightline), an innovative payments company to the gaming industry, will showcase several of its latest innovative payment products at the Global Gaming Expo (G2E) 2011 trade show in Las Vegas, Nevada, October 4th-6th.
“G2E will be a great opportunity for Sightline, in alliance with Bally, to demonstrate some of its first to market strategic payment solutions”
Sightline announced today an exclusive partnership with payment authentication leader Adaptive Payments to bring a groundbreaking funds delivery method through a new mobile POS application known as Pentagon. Pentagon is a mobile payments platform which allows casinos to accept mobile PIN- and signature-based transactions using an iPhone® or Android® powered smart phone.
“Sightline and its strategic partners are committed to bringing the best payment technologies available, and several of our industry first products like Pentagon will be unveiled that we think will generate a lot excitement among casino operators,” said Kirk Sanford, Sightline’s CEO and President. “Our core products have proven to outperform our competitors, and layering in forward thinking innovations like the ones we will be unveiling at the show is another reason why Sightline is quickly becoming an up-and-coming payments leader in the industry.”
From mobile phone applications to cashless gaming technologies, Sightline and its strategic partners bring differentiation to the casino payments world that results in higher customer satisfaction and increased profitability for the casino operator.
Last month Sightline announced a partnership with industry leading ticket redemption kiosk manufacturer and payment processor technology provider NRT®. On display will be NRT’s award winning best technology QJ2® kiosk enabled with Redemption7X® Kiosk functionality. 7X® provides not only core product features for voucher redemption, bill breaking, ATM, cash advance, and Certegy® e-Check, but the industry’s first cashless gaming enabled payment to ticket (P2T) solution through Bally Technologies SDS® (Slot Data System).
“G2E will be a great opportunity for Sightline, in alliance with Bally, to demonstrate some of its first to market strategic payment solutions,” said John Connelly, Bally Technologies SVP Business Development. “We look forward to a great show and encourage all of Bally’s customers to come by for a demonstration.”
About Sightline Payments
Sightline provides differentiated turnkey and licensed payment solutions tailored to enable casinos, banks, gaming system companies and other third parties to capitalize on the significant payment and cashless-gaming related growth opportunities. Sightline Payments is headquartered in Las Vegas, Nev. For more information, please visit our website:
About Adaptive Payments
Based in Ft. Lauderdale, Fla., Adaptive Payments is a payment authentication company that enables easy, safe, secure, and authenticated transactions to occur using the cardholder’s PIN, voice, challenge word or other data that is known to the cardholder to authenticate debit and credit transactions. The company has developed payment solutions for Internet Sales, P2P & Agent Money Transfer, Casinos, Bill Payment, Prepaid Top Up, Mobile overdraft opt in and Mobile payments. These products can be used in all payments card acceptance channels. All Adaptive Payments products feature “5DSecure” - five-factor authentication using dual channel “outside of band” authentication methodology separating the sales and personal data from the secure PIN or other authentication token.


Sightline Payments
Diran Kludjian, 702-851-4747 ext. 204
Adaptive Payments
Ralph A. Bianco, 845-223-7998
NRT Technologies, Inc.
Rosa Laricchia, 416-646-5232 ext. 239


New York, September 21st, 2011 – Retail Decisions (ReD), a world leader in payment fraud prevention and payment processing, today announces the ReD Fraud Alert service, which enables issuers and merchants to easily exchange vital information in the fight against fraud. 

As the most significant modern advance in fraud detection and prevention in recent years, ReD Fraud Alert has been proven to drastically reduce merchant chargebacks by 43% as well as the risk of consumers falling victim to fraud.

This pioneering enhancement to ReD’s leading e-commerce fraud prevention service, ReD Shield®, increases the accuracy of identifying fraudulent transactions. Using information normally exclusive to the issuer, ReD creates a channel to enable its merchants to use a customer’s full account profile to decide whether to accept or reject a transaction for items with a high ticket price.

Erika Gallo, Director, Global Risk Management for ReD, commented; “ReD Fraud Alert is a significant development enabling merchants and issuers to share information about suspicious fraudulent activity. The new service ensures that crucial transactional information can be disseminated quickly and effectively, protecting issuers and their customers, as well as merchants who have suffered liability for chargebacks, the loss of goods and association fines.”

In recent trials, ReD has teamed with a large customer and global card Issuer to automate an effective way to reduce chargebacks by leveraging existing data and resources. The trial delivered a 43% reduction (by percentage of value comparing January 2011 to April 2011) in chargebacks. The step-change reduction in chargebacks from 2.14% to 0.16% over this period meant that throughput of transactions on high suspicious transactions increased dramatically for one leading card issuer.

The new service works by ReD sending a daily automated file containing details of high risk purchases to the issuer, if any suspicious activity appears on the customer’s account the issuer calls the cardholder to verify the transaction. Information is then automatically sent back to ReD to authenticate the purchase. Risk models receive transactional confirmed fraud input within two days of authorization, faster than that of chargeback data which averages over thirty-eight days, increasing fraud detection rates faster through adopting models.

Unlike the Address Verification Service (AVS) check that a merchant is typically limited to when verifying a transaction with the issuer, the merchant can now utilize the issuer’s more comprehensive verification process, which improves the accuracy of detecting fraud. ReD Shield Fraud Alert complements the existing ReD Shield service which increases its clients’ revenue while minimizing losses from fraud thanks to sophisticated technology and a multi-dimensional approach to fraud detection and protection.

mFoundry Crosses 500 Client Milestone

Mobile Banking Leader Signs 100 New Customers In Two Months

SAN FRANCISCOSept. 21, 2011 /PRNewswire/ -- mFoundry, the fastest-growing provider of mobile banking services, today announced that 500 banks and credit unions in North America have now selected its mobile banking solution.
"Since we announced signing 400 clients this past June, we have seen the pace of new signings increase to more than one new client per day," commented mFoundry CEO and Co-Founder Drew Sievers. "Within the last 60 days we added more than 100 new financial institutions. It's a blistering pace."
mFoundry's success comes from its industry-leading software as a service (SaaS) mobile banking product. While mFoundry sells mobile banking services directly to many financial institutions, it is their extensive partner network—which includes FIS Global, First Data Corp., Open Solutions, CO-OP Financial Services, PSCU Financial Services, COCC, and NCR—that allows mFoundry to grow faster than any other mobile banking provider.
By leveraging direct connections into the industry's largest collection of banking cores, mFoundry's SaaS offering can quickly bring banks and credit unions to market with a robust, flexible mobile banking solution.
"Every day there are more and more financial institutions looking to offer mobile banking to their customers," noted Sievers. "And with only about 15% of the market having deployed a mobile banking solution, we believe there are still more than 10,000 financial institutions looking for a partner. Our goal is to be that partner."
Because mFoundry powers the largest hosted mobile banking platform in North America, they are perfectly positioned to quickly add innovative, ROI-generating features to their client and partner network. Unlike the offerings from many other mobile banking providers, services added to the platform become immediately available to the installed mFoundry customer and partner base.
"Many financial institutions have selected solutions that are highly-customized and nearly impossible to update," added Sievers. "We believe that enhancing only one bank with a new feature isn't worth doing unless the entire network benefits. So from the beginning, we designed our solution to be frictionless, providing the fastest path to deployment and ongoing innovation. It's a key reason we're selected by more banks and credit unions than any other company."
For more information on how banks and credit unions benefit from mFoundry's mobile banking solution, please visit:
About mFoundry
mFoundry is most popular mobile banking solution in the U.S., currently the choice of more than 500 banks and credit unions nationwide. mFoundry's mBanking product is the leading software-as-a-service (SaaS) based mobile banking solution in the market today. mFoundry's mobile banking customers include leading financial institutions, such as Bank of America, PNC Bank and Zions Bank.
In addition to its mobile banking experience, mFoundry has established itself as a leader in mobile payments, through its work with retailers like Starbucks Coffee Company. mFoundry developed and manages Starbucks Card Mobile program, the most successful mobile payments program to date, currently used in more than 6,800 stores nationwide.
mFoundry was founded in 2004 by Drew Sievers and Rodney Aiglstorfer. The company is headquartered in Larkspur, California, with additional offices in downtown San Francisco. For more information on mFoundry, please visit

iPay Technologies and MasterCard RPPS Expand Processing Relationship to Advance Electronic Bill Payment Among Regional, Local Billers

Relationship enables broader scope of billers to experience efficiencies and cost effectiveness of providing electronic bill payment

MONETT, Mo.Sept. 20, 2011 /PRNewswire/ -- Jack Henry & Associates, Inc. (NASDAQ: JKHY), a leading provider of technology solutions and payment processing services primarily for financial services organizations, and MasterCard Worldwide today announced an expanded processing relationship between its iPay Technologies™ division and MasterCard's RPPS® electronic bill payment network.  
With this agreement, iPay is making its biller connections available to bill payment originators who use MasterCard's RPPS electronic bill payment processing services. As a result, these originators can eliminate a significant volume of checks that they currently mail to those billers and replace them with electronic payments. The processing relationship between iPay and RPPS will enable more than 1,500 local and regional billers in verticals spanning utilities, consumer lending, telecommunications, and municipalities to now receive consumer bill payments electronically through the MasterCard RPPS network.
According to Greg Adelson, group president of iPay Technologies, "Online bill payment has become more mainstream as the convenient, chosen method for millions of consumers to pay their bills. However, if a consumer's bill payment provider cannot deliver payments electronically to local and regional billers, the paper check alternative causes delays in delivery and posting as well as an added expense, all of which negatively impact both the consumer and biller. Teaming with MasterCard RPPS allows more consumers to have access to iPay's vast array of biller relationships, thereby enabling both organizations to capitalize on opportunities for extending the scope of electronic payments and their inherent benefits."
MasterCard RPPS is an industry leading electronic bill payment network serving the online bill payment market with solutions that provide extensive reach to thousands of billers in the U.S. iPay, with its maturity in the online bill pay space, has established direct electronic communications with thousands of billers, many of which were previously unable to receive electronic payments.
Gidget Hall, senior vice president and group head of Bill Payment and RPPS at MasterCard Worldwide, said, "Today, more than 40 million households pay bills via online and mobile banking. Yet for many local and regional billers, a high percentage of those payments arrive in the form of costly and inefficient checks. Through this agreement, MasterCard RPPS and iPay will help expand electronic payments and improve the quality and efficiency of payment processing activities for regional utility companies and local municipalities, as well as the consumers they serve."
About MasterCard RPPS
Since 1987, MasterCard RPPS has served at the center of the online banking revolution, connecting financial institutions, consumer service providers, processors, and billers with a powerful network for electronic delivery of consumer bill payments.  For more information, please visit us at
About MasterCard Worldwide
As a leading global payments company, MasterCard Worldwide prides itself on being at the heart of commerce, helping to make life easier and more efficient for everyone, everywhere. MasterCard serves as a franchisor, processor, and advisor to the payments industry, and makes commerce happen by providing a critical economic link among financial institutions, governments, businesses, merchants, and cardholders worldwide. In 2010, $2.7 trillion in gross dollar volume was generated on its products by consumers around the world. Powered by the MasterCard Worldwide Network – the fastest payment processing network in the world – MasterCard processes over 23 billion transactions each year and has the capacity to handle 160 million transactions per hour, with an average network response time of 130 milliseconds and with 99.99 percent reliability. MasterCard advances global commerce through its family of brands, including MasterCard®, Maestro®, and Cirrus®; its suite of core products such as credit, debit, and prepaid; and its innovative platforms and functionalities, such as MasterCard PayPass™ and MasterCard inControl®. MasterCard serves consumers, governments, and businesses in more than 210 countries and territories. For more information, please visit us at Follow us on Twitter: @mastercardnews.
About iPay Technologies
iPay Technologies is a leading provider of online bill payment solutions that incorporate a sophisticated bill pay engine that easily integrates with any online banking platform; best-of-breed retail, small business, and person-to-person bill payment solutions; extensive payments expertise; and outstanding service. Through strategic partnerships with more than 50 providers of information processing and online banking solutions, iPay's turnkey, highly configurable electronic payments platform is supporting more than 3,600 banks and credit unions, including more than half of the nation's credit unions and approximately 40 percent of the nation's community banks that offer bill payment services. Additional information is available
About Jack Henry & Associates, Inc.
Jack Henry & Associates, Inc. (NASDAQ: JKHY) is a leading provider of technology solutions and payment processing services primarily for financial services organizations. Its technology solutions serve more than 11,200 customers nationwide, and are marketed and supported through four primary brands. Jack Henry Banking™ supports banks ranging from de novo to mid-tier institutions with information processing solutions. Symitar™ is the leading provider of information processing solutions for credit unions of all sizes. ProfitStars® provides highly specialized products and services that enable financial institutions of every asset size and charter, and diverse corporate entities to mitigate and control risks, optimize revenue and growth opportunities, and contain costs. iPay Technologies operates as a leading electronic bill pay provider supporting banks and credit unions with turnkey, highly configurable retail and small business electronic payment platforms.  Additional information is available

Pay by Phone Parking Coming to Norwalk

Customers Can Pre-Register Now

NORWALK, Conn.Sept. 21, 2011 /PRNewswire/ -- Parkmobile USA, Inc. and the Norwalk Parking Authority announced today an innovative new service that will allow residents and visitors in Norwalk to save time and money by using their mobile phone to pay for parking.  
Staying at the forefront of technology, the Norwalk Parking Authority will soon be implementing the pay by phone parking service at any Parking Authority meter or pay station. The Parking Authority expects this to be fully implemented by October, but drivers will be able to pre-register right now, where they can also download a mobile app.  Once the service is fully implemented customers can use the mobile app, the internet, or a phone call to pay for parking.   Motorists will also be able to select an option to receive text message alerts and reminders 15 minutes prior to their parking session expires.
"Pay by phone offers customers a new and better way to pay for parking.  Parkmobile users have 24/7 access to their online account; they can print reports and easily track their parking expenses. It's much faster and more convenient," noted Albert Bogaard, CEO of Parkmobile.
Chairman of the Norwalk Parking Authority John Federici says, "The benefits to parking customers are many. This system eliminates the hassle of feeding the meter. No cash is needed and the text reminders minimize the risk to drivers of getting ticketed or towed."
Kathryn Hebert, Director of the Norwalk Parking Authority, says "People can still pay with coins or credit cards, but this system offers many convenient benefits not only to the individual parker but to the business community. Finally there is the opportunity to validate customers and clients by just registering their business." She adds, "It is so simple, once you register just enter in the zone number (visible at every meter and pay station) into the app on your smartphone or via a phone call and voila!  You don't even have to get out of your car to pay."
This is Parkmobile's first implementation in Connecticut.  For additional information and locations, please
About Parkmobile
Parkmobile is a leading global provider of seamlessly integrated end-to-end solutions for Pay by Phone parking. Its offerings include cashless mobile payments for on and off-street parking, digital parking permits and real-time enforcement.  Their services are used in 100 cities around the world by millions of registered users.  Parkmobile USA was founded in Atlanta, Georgia and its call center, engineering team and corporate headquarters are located in the U.S.  Parkmobile's investors include BCD Holdings and Fontinalis Partners.  With annual global revenues of $18 billion, BCD Holdings is an international market leader in the travel industry. Fontinalis Partners invests in and partners with innovative technology companies that modernize and improve transportation. Fontinalis is led by Bill Ford, a lifelong environmentalist and the executive chairman of Ford Motor Company.  For more information please visit
About Norwalk Parking Authority
The Norwalk Parking Authority is a financially self-sustaining organization responsible for the operation and maintenance of the municipal parking system in Norwalk.  The Authority is committed to collaborating with community organizations while providing exceptional customer service to parking customers.   The Norwalk Parking Authority can be reached at 203-831-9063 or at the web site:
SOURCE Parkmobile USA, Inc.

CHARGE Anywhere® and United Bank Card Announce Strategic Distribution Agreement

SOUTH PLAINFIELD, N.J.Sept. 21, 2011 /PRNewswire/ -- CHARGE Anywhere® LLC, a leading provider of award winning secure mobile payment and payment gateway solutions, and United Bank Card, one of the largest payment processors in the United States, announced today the completion of a strategic distribution agreement for CHARGE Anywhere's innovative electronic payment solutions.
This agreement significantly expands the relationship between CHARGE Anywhere and United Bank Card and provides merchants with access to award winning, fully secure, payments solutions. United Bank Card currently handles the merchant accounts for over 110,000 merchant locations and processes in excess of $9 billion annually, with those numbers constantly increasing.
"CHARGE Anywhere recognizes United Bank Card's commitment to offering the best products and services to their customers," said Marty McMullian, Vice President of Sales at CHARGE Anywhere. "We are excited to work with their team of sales professionals as they bring CHARGE Anywhere's award-winning, secure Mobile Point-of-Sale solutions, CHARGE Anywhere for Windows and our secure payment gateway to market."
Brian Jones, EVP Sales and Marketing at United Bank Card said, "Mobile payments are a quickly growing trend and UBC is excited to partner with CHARGE Anywhere to deliver the best program out there to serve this market. The addition of a mobile payment solution helps complement our already robust service offerings, enabling us to meet the requirements of virtually any merchant."
CHARGE Anywhere's distinct mobile point-of-sale solution for iPhone™, BlackBerry®, Android™, Windows Phone®, J2ME® and Brew™ Platforms, allow users to process payments securely and in real-time. The exclusive solution allows users to capture and download mission critical business data above and beyond traditional credit card data such as signature, invoice number, employee number, tips, GPS location and more. CHARGE Anywhere's solution also has the capability to eliminate the need to store paper receipts with electronic signature capture, storage and retrieval.
CHARGE Anywhere continues to win awards for its industry-leading, multi-platform Payment Ecosystem. CHARGE Anywhere's mobile payments solutions are winners of the 2011 Mobile Payments Solutions Provider, 2010 CTIA E-Tech Awards in the Mobile Applications - Mobile Payments Category, the 2010 Mobile Merit Awards for Best Overall Enabler Application, the 2009 Best of Interop-PCI Security Solution Award and the 2009 Electronic Transaction Association Technology Innovation Award.
About CHARGE Anywhere:  CHARGE Anywhere is the developer of proprietary Payment Card Industry PA-DSS certified CHARGE Anywhere® v2.0.0 Mobile Payment/POS software solution designed for use with QuickBooks®, Smartphones and POS Terminals, e-commerce, Web terminal and PCI DSS Level 1 compliant ComsGate® Payment Gateway. CHARGE Anywhere offers business partners and customers the most secure and robust selection of industry specific and customized payments solutions and services, including: IP/Wireless Payment Gateway, POS software, Encryption and Data Security Services, Closed Loop Card Management and Merchant Billing Services. For more information contact them, or (800) 211-1256.
About United Bank Card:  Ranked by the Nilson Report as one of the largest payment processors in the United States, UBC currently handles the merchant accounts for over 110,000 business locations nationwide. Consistently recognized as a leader in innovation, United Bank Card is a five-time consecutive Inc. 500/5000 honoree (2005-2009) and was ranked on Deloitte's 2008 "Technology Fast 50" list. The company has also garnered awards for its outstanding customer service and technical support. For additional information about United Bank Card, visit or contact 800-201-0461.
©2011 CHARGE Anywhere, LLC. All trademarks, service marks, and trade names referenced in this material are the property of their respective owners. Windows and the Windows logo are trademarks or registered trademarks of Microsoft Corporation inthe United States and/or other countries. Research in Motion, the RIM logo, BlackBerry, the BlackBerry logo and SureType are registered with the U.S. Patent and Trademark Office and may be pending or registered in other countries - these and other marks of Research in Motion Limited are used under license. Android is a trademark of Google Inc. Use of this trademark is subject to Google Permissions. BREW is a registered trademark of Qualcomm Incorporated. J2ME, Java and all Java-based marks are trademarks or registered trademarks of Oracle Inc. in the U.S. and other countries.

E-Debit Global Corporation Commences Review of the Mobile Payments Marketplace

E-Debit Global Corporation

CALGARY, ALBERTA--(Marketwire - Sept. 21, 2011) - E-Debit Global Corporation (OTCBB:WSHE) -
In conjunction with European and South African mobile Telco software and infrastructure provider IN-CORP SA's Canadian subsidiary ("MapleTel") E-Debit Global Corporation ("E-Debit") commenced today its review of the mobile payments marketplace with Capital Six Limited ("Capital Six") its joint venture with ebackup Inc. ("ebackup").
"We are commencing our review of our opportunities related to the mobile payments marketplace, particularly in the Canadian business space," E-Debit Chief Executive Doug Mac Donald said in a joint statement with ebackup Inc. President Rowland Perkins.
"We believe experience gained through the Canadian introduction and roll out of EMV (the payment and security standard for interoperation used for authenticating credit and debit card payments at chip enabled terminals developed for payment systems by Europay, MasterCard and Visa and introduced by the Interac Network) combined with MapleTel's international Telco infrastructure and software expertise holds great opportunity for virtual terminal development which allows transactions processing using any mobile phone, tablet or any type of device with an Internet connection," they added.
"I am looking forward to working with E-Debit and ebackup in bringing a mobile payments solution to the Canadian marketplace which today is virtually nonexistent due to dealing with the complex nature of EMV and PIN verification," stated John Kok, President of MapleTel.
"Combining E-Debits "processing Switch", ebackup's "Cloud" based PCI compliant data centre, technical and back up support and our Telco and software experience, the potential for success within the Canadian e-commerce business segment is very significant," Mr. Kok stated.
About E-Debit Global Corporation
E-Debit Global Corporation (WSHE) is a financial holding company in Canada at the forefront of debit, credit and online computer banking. Currently, the Company has established a strong presence in the privately owned Canadian banking sector including Automated Banking Machines (ABM), Point of Sale Machines (POS), Online Computer Banking (OCB) and E-Commerce Transaction security and payment. E-Debit maintains and services a national ABM network across Canada and is a full participating member of the Canadian INTERAC Banking System.

Financial Institutions Have What it Takes to Win in Mobile Payments Says Fiserv White Paper

Sibos 2011
BROOKFIELD, Wis.--(BUSINESS WIRE)--Sibos stand J114 – Fiserv, Inc. (NASDAQ: FISV), the leading global provider of financial services technology solutions, announced today the publication of a white paper that outlines the reasons banks and credit unions are ideally suited to support mobile payments and provides insights on how they can enter the space. The white paper can be downloaded
“Banks and credit unions don’t have to wait on the sidelines as non-traditional players move into the mobile payments market”
In the paper, titled “Beyond Mobile Banking: It’s Time to Stake the Claim for Mobile Payments,” Fiserv argues that financial institutions are uniquely positioned to offer mobile payments for five reasons:
1. Consumer Trust: Consumers trust their bank or credit union for secure financial transactions. According to the 2011 Fiserv Consumer Trends Survey, 40 percent of consumers trust their bank or credit union to handle mobile payments, outpacing all other entities. A chart showing which companies consumers trust to handle mobile payments can be viewed at
2. Access to Consumer Accounts: Banks and credit unions already hold the consumer accounts necessary to fund mobile payments.
3. Payments Knowledge: Financial institutions possess the experience and practical know-how to provide a secure and reliable payment service.
4. Necessary Assets: Financial institutions have access to the assets necessary for payments, including infrastructure, technology and networks, along with the ability to provide customer support.
5. Existing Relationships: Banks and credit unions have the direct and indirect relationships (commercial, merchant and consumer) needed to facilitate mobile payments.
The paper goes on to detail the four dimensions of mobile payments as well as how financial institutions can leverage existing resources to launch mobile payments, starting with familiar areas such as mobile bill payments and person-to-person (P2P) payments.
“Banks and credit unions don’t have to wait on the sidelines as non-traditional players move into the mobile payments market,” said Erich Litch, division president, Digital Channels, Fiserv. “There is currently a window of opportunity during which financial institutions can introduce consumers to mobile payments, starting with mobile bill payments and P2P payments, establishing themselves as providers of choice so they can retain the full range of mobile transactions as the space grows to include more payments at the point-of-sale.”
Additional Resources:
About Fiserv
Fiserv, Inc. (NASDAQ: FISV) is the leading global provider of information management and electronic commerce systems for the financial services industry, driving innovation that transforms experiences for financial institutions and their customers. Fiserv is ranked No. 1 on the FinTech 100 survey of top technology partners to the financial services industry. For more information, visit

TIO Networks Launches PG&E Mobile Bill Payment App for Android™ Users

PG&E customers can now make expedited same-day bill payments from their Android Mobile Devices
VANCOUVER, British Columbia--(BUSINESS WIRE)--TIO Networks Corp., (TSX-V: TNC) (“TIO”), North America’s leading multi-channel expedited bill payment processor, today announced the launch of its Pacific Gas and Electric Company (PG&E) Mobile Bill Payment application for Android. This new app allows PG&E customers in Northern and Central California to conveniently pay their utility bills on an expedited basis through their Android smartphones. Android users can now download the application for free from the Android Market.
“PG&E customers have made the PG&E Mobile Bill Pay app a true winner”
TIO’s PG&E Mobile Bill Payment for Android joins the PG&E Bill Payment offering developed by TIO for Apple’s iOS platform which is also offered as a free download at Apple’s App store. To date, there have been more than 50,000 user accounts created processing more than $15 million in consumer transactions.
Once installed on an Android powered phone or iPhone, iPod or iPad, the PG&E Mobile Bill Payment app enables customers to log-in and quickly access real-time account balance information and/or use any VISA, MasterCard or bank account to pay their bills. Customers’ payments are posted on a real-time basis as soon as payment confirmation is given by the application. The highly secure application stores all account information so that subsequent payments are immediate and automated reminders ensure customers are always up to date with their payment schedules.
“PG&E customers have made the PG&E Mobile Bill Pay app a true winner,” stated Hamed Shahbazi, Chairman and CEO of TIO Networks. “The app is initiated in user phones more than 100,000 times per month to make payments or quickly access account information and consistently ranks as one of the top apps in the Apple App store. With the launch of an Android version, TIO demonstrates its commitment to support leading smartphone application ecosystems. The Company’s mobile platform is in the midst of an aggressive expansion to support additional handsets and billers in the coming months.”
TIO is a leading multi-channel expedited bill payment processor with over 58,000 location endpoints to its processing network. TIO bill payment processing capabilities include best in class mobile and web applications. TIO symbolizes fast, convenient and secure access to expedited payment services.

PaymentOne Announces Groundbreaking 7 Day Payout for Mobile Payments

PayOne FastPay eliminates industry standard 90 day wait; puts cash in merchant’s accounts faster than ever
SAN JOSE, Calif.--(BUSINESS WIRE)--PaymentOne Corporation® (, a global leader in mobile payments, today announced PayOne FastPay, an industry-first mobile payments program that guarantees disbursements to merchants in as fast as seven days, dramatically reducing the typical 60-90 day waiting period for payouts required by carriers and other mobile payment vendors.
“For more than a decade PaymentOne has been a principal market leader in carrier billing, and is recognized as pioneering the business model as the industry knows it today”
Merchants and publishers have long been frustrated by extended wait periods to receive their cash from mobile payments providers, often as much as 90 days. In contrast, because of its long-standing carrier relationships and strong financial position, PaymentOne is able to dramatically reduce these wait times for its merchant customers. The PayOne FastPay program is the first in the industry to remove the industry standard 60-90 day wait times and guarantee qualified digital merchants their cash settlements in as fast as seven days.
“In addition to offering the broadest global reach and best merchant payout rates in the industry, it’s also important to ensure our customers have reliable and rapid cash flow,” said PaymentOne executive vice president Brad Singer. “PaymentOne tells consumers to ‘put your wallet away and use your phone number to pay’; we tell our merchants you should not have to wait to get paid or worry if your money is safe.”
In an effort to provide the best financial returns and eliminate risk for its customers, PaymentOne has established the Financial Services Group (FSG) within the company. PayOne FastPay is just the first in a planned set of innovative financial optimization and risk elimination programs the FSG will unveil for PaymentOne’s global merchants.
“For more than a decade PaymentOne has been a principal market leader in carrier billing, and is recognized as pioneering the business model as the industry knows it today,” said Yankee Group senior analyst Nick Holland. “To eliminate risk, merchants should look to proven vendors like PaymentOne. Accelerating mobile payment settlement cycles adds significant value to clients, and showcases PaymentOne’s continued innovation and market leadership.”
PaymentOne’s new PayOne FastPay program is available immediately. Merchants and publishers interested in PayOne FastPay can contact PaymentOne sales at 408-362-4191 or
About PaymentOne
PaymentOne is the leader in integrated operator billing, spanning mobile, fixed line and broadband payment services. Twelve years ago PaymentOne invented the “no credit card required” billing model, allowing consumers to simply bill digital purchases to their mobile, broadband or home phone bill. With its global network and direct carrier relationships that provide access to more than 3.5 billion consumers, PaymentOne has generated over $5 billion of incremental revenue for digital merchants, social media publishers and content providers, earning the company the highest customer retention rate in the business. Profitable and privately held, PaymentOne is based in the Silicon Valley. For more information visit

Oberthur Technologies Announces LTE CSIM Card Availability

To access Long Term Evolution (LTE) networks and provide intelligent roaming capabilities
NANTERRE, France--(BUSINESS WIRE)--Oberthur Technologies, the world’s second largest provider of security and identification solutions and services based on smart card technologies, announced today the commercialisation of its multimode CSIM1/ USIM2 cards for CDMA20003 and LTE networks. This card is able to handle authentication with current major network technologies such as: GSM, UMTS, CDMA2000 and of course LTE networks.
“Following the successful tests by Qualcomm, Oberthur Technologies is proud to commercially launch its multimode CSIM / USIM cards. This product has been designed to support operators in their migration to LTE and in parallel to enhance end-users’ rich media experience”
Oberthur Technologies collaborated with Qualcomm Incorporated to validate interoperability of its new LTE CSIM card with Qualcomm’s MDM9600 and simultaneous voice and data over LTE (SVLTE) solutions.
The multimode CSIM/USIM card is a state-of-the-art smartcard that allows maximum connectivity to end-users. With such a card end-users will be able to connect to all GSM, UMTS, CDMA2000 or LTE networks thus benefiting from maximum roaming capabilities and best communication rates.
This card can either be used in a CDMA2000/LTE phone to access CDMA2000 and LTE networks or in an UMTS/LTE phone to access UMTS and LTE networks. When used in a multimode CDMA2000 / UMTS / LTE phone, referred to as “World Phone”, the card truly becomes a universal tool to access any available networks.
“Following the successful tests by Qualcomm, Oberthur Technologies is proud to commercially launch its multimode CSIM / USIM cards. This product has been designed to support operators in their migration to LTE and in parallel to enhance end-users’ rich media experience”, said Cedric Collomb, General Manager Cards and Services, Card Systems Division at Oberthur Technologies.
About Oberthur Technologies
Oberthur Technologies is a world leader in the field of secure technologies: systems development, solution and services for smart cards (SIM cards, access cards, NFC…) and for secure identity documents, traditional and electronic (identity card, passport, health care card), production of banknotes, cheques and other fiduciary documents, intelligent systems to secure cash-in-transit and ATM. Oberthur Technologies has 6,800 employees through 40 countries and 65 sites. The Group posted 2010 sales of €979M.
1 CDMA Subscriber Identification Module
2 Universal Subscriber Identification Module
3 Code Development Multiple Access

Consumers OD on Overdrafts

Overdraft Revenue Shown To Be Rising Like a Phoenix

A Quarter of American Consumers Intentionally Overdraw Their Checking Account
LAKE BLUFF, Ill.--(BUSINESS WIRE)--Shiela Bair (FDIC) tried to kill overdrafts. Elizabeth Warren (CFPB) tried to kill overdrafts. The US Treasury (OCC) tried to kill overdrafts. Despite all of the regulatory efforts to inhibit the use of overdrafts (OD), over 100 million American consumers (77 percent of more than 130 million checking accounts) have opted in for overdrafts (ODs) on debit and ATM card transactions. Since its peak at $37.1 Billion in 2009, OD revenue has fallen for six straight quarters, ending at $30.1Billion for the first quarter of 2011. Like the mythical bird, the Phoenix, ODs are becoming reborn. According to Moebs $ervices, an economic research firm, OD revenue at the end of the second quarter of 2011 is up over $700 million at both banks and credit unions. Additionally, the average number of overdrafts per household increased during the same period. “From our study of usage, behavior, and prices of over 2,500 depositories and a million checking accounts, Americans not only want ODs but are using overdrafts with increased frequency,” said Mike Moebs, CEO and Economist of Moebs Services.
“The other 26 percent of consumer checking account holders do however intentionally overdraw their checking account.”
ODs Per
2011 2nd Qtr$30.8$28.007.5
2011 1st Qtr$30.1$28.007.4
Source: Moebs $ervices Surveys & Analysis
Consumer Behavior
ODs occur when a consumer unintentionally or intentionally allows their checking account to go to a negative balance. According to Moebs, two thirds of the time ODs are unintentional, due to a lack of keeping track of transactions, or an unusual financial transaction such as an unexpected medical bill or a car repair. “$40 is the median negative balance,” said Moebs. “The other 26 percent of consumer checking account holders do however intentionally overdraw their checking account.” The Moebs study found that 34 million Americans utilize ODs to fill a short fall of funds and 19 million of these go to payday lenders.
Increased Regulation Does More Harm Than Good
“Those Americans that rely on overdrafts and advance payday loans, do not have the FICO score to qualify for a line of credit or credit card,” said Moebs. “By creating unintended consequences, such as predatory lending from loan sharks, adding limits to overdraft volume or price will do more harm than good.”
About Moebs $ervices
Since 1983, Moebs Services has been collecting primary empirical data about financial institutions’ services, pricing, operating expenses and financial condition and analyzing the data in a counter intuitive manner, which provides solutions that make sense. For more info please visit

Disqus for ePayment News