Micro Payments

NFC and International Micropayments Forum

The UK mobile payment initiative payforIT is expanding onto the World Wide Web with the help of leading mobile interactive specialist Dialogue Communications.

Vancouver, British Columbia CANADA, March 12, 2008 (www.AllPayNews.com) - VendTek Systems Inc.

February 28, 2008 (www.AllPayNews.com) - Fonkoze, Haiti's largest micro-finance institution, and Central National Bank of Enid, Oklahoma, have partnered to create a low-cost stored-value card that off

GIBRALTAR – February 20, 2008 (www.AllPayNews.com) – Now lending cash, paying back a friend, giving to charity and shopping via the popular social networking website Facebook has been made ten tim

Relationship Will Help Expand Coinstar’s Gift Card Program to PayPoint Retailers

BELLEVUE, Wash.--(www.AllPayNews.com)--Coinstar E-Payment Services Limited, an affiliate of Coinstar, Inc. and PayPoint, the U.K.’s best known and most used over-the-counter payment solutions provider, have agreed to team up to make available a gift card program for PayPoint retailers at more than 17,000 outlets in the United Kingdom.

Now many of us have heard about the National Rollouts of Contactless Payment Cards by the major card companies and major banks. Most in the industry will tell you that many retailers are jumping onto Contactless and list names like McDonald's, 7-Eleven, CVS, and more. One problem though, these are the names they always use as examples. So why haven't we heard of Burger King or Wendy's on that list. For that matter, why haven't we heard from big box retailers like Walmart or Best Buy. The simple answer is that speed and security aren't enough of a driving factor for them to do so. But Contactless Cards have the capability of changing the value in a unique and personalized way. One thing that the card companies and banks could do is divide the chip on the card to secure, semi-secure, and open sectors with opensource access to the open semi-secure sectors. So why do this, well simple. You open it up and allow these retailers to develop their own loyalty and service applications without the need of requesting access from the card companies or banks. Let them have the freedom to do what they want in an area of the card that doesn't hurt or bother anyone. Now some might mention the past examples of smart cards as loyalty tools which failed to catch on. But that could change by linking that open loyalty app to a person's email or cell phone and allowing any retailer to have access to the customers open sector for opt in enrollment of server based applications and services. Its simple really, you can offer "completly private" (details on that for another blog day), retailer created/specific, services and applications that don't require the user to do anything more than tap that card at wireless network connected readers or kiosks in those stores. Imagine the possibilities. Not simply coupons, but applications and services. Say you have a wireless reader in front of a product your looking at and want to know more like speaking to an expert or hearing some commentary about the product. Just tap that card and your phone rings with either a specialist to help you or a streaming video showing you more detailed in action previews of the product or literature can be sent back to your email. (Don't worry, this is SPAM proof, but deatils for another blog day) The card is capable of linking the unique user to the unique product/service and location. When we allow customization, we allow for the retailer to create and compete with customized offerings for the consumers. This translates to more sales, better marketing, and more loyalty. The contactless cards require contactless readers, and contactless readers can be place any where, because unlike their contact cousins, the lack of moving parts or open interfaces can let you place virtually connected readers and kiosks that link back to consumers. You have the chip, you have a robust wireless interface, now open it up so that retailers can begin to add opt in registration and applications to the consumer. (Opt In security details for another blog day)

Smartcard for microbanking promises to simplify access to funds and facilitate trade amongst under-banked in India

Amsterdam - Mumbai, 25 June, 2007 (www.AllPayNews.com) - Gemalto (Euronext NL0000400653 GTO), the world leader in digital security, today announced the successful introduction of smartcard technology with biometric authentication for Financial Information Network & Operations Ltd. (FINO) in India. The Gemalto solution conveniently and securely stores transaction records inside the smart card to enable microbanking and simplifies access to financial services for the under-banked population in rural India.

(www.AllPayNews.com) - Digital currency company CEO America, Inc. (PINKSHEETS: CEOA) and CEO Creditz Inc. (PINKSHEETS: CEOX) have signed a $1.1-million agreement with IBM (NYSE: IBM) for software, servers and hosting services for its global loyalty and micro-payment service.

Mercator Advisory Group is pleased to announce that its review of its latest report, Solving the Micropayment Problem, Online and at the Point of Sale. The report reviews both the history and challenges of electronic micropayments and examines how the existing rails have evolved to address under $5 electronic payments at both the point of sale and for online transactions.

WESTMINSTER, Colo.-(www.AllPayNews.com)-April 2, 2007 - SkyeTek, Inc., the leading provider of embedded RFID reader technology, today announced the first consumer application resulting from its partnership with Isochron Inc., a leader in intelligent, networked vending technology for the food and beverage industry. Together, the companies have enabled cashless payment at vending machines located throughout the Hartsfield-Jackson Atlanta International Airport. Consumers equipped with RFID enabled credit cards can now make a purchase by just waving a card within a few feet of the new vending machines.

Oklahoma City & Tulsa Next to Convert Vending Machines to Accept Contactless Cashless Payments

PURCHASE, N.Y.--(www.AllPayNews.com)--MasterCard Worldwide and USA Technologies (Nasdaq: USAT) announced today that Great Plains Coca-Cola Bottling Company will begin equipping vending machines with USA Technologies’ e-Port® G6 cashless transaction solution to accept MasterCard® PayPass™ contactless payments. Great Plains Coca-Cola Bottling Company, which vends beverages and snacks throughout central and northeast Oklahoma and northwest Arkansas, is the third major US bottling company to convert to cashless and contactless vending in recent months.

PURCHASE, N.Y.--(www.AllPayNews.com)--MasterCard Worldwide (NYSE: MA) and USA Technologies (OTC Bulletin Board: USAT) today announced that 5,000 additional self service point-of-sale terminals, including vending machines, will be equipped with the e-Port® cashless transaction solution to begin accepting MasterCard® PayPass™. The deployment is the largest rollout to date of contactless technology in self service point of sale and vending machines.

Speakers and Attendees Include Executives from Visa, MasterCard, Chase Paymentech Solutions and Heartland Payment Systems

WALTHAM, Mass., Nov. 15 (www.AllPayNews.com) -- On November 28, at New York City's Marriott Financial Center, the 4th Annual Micro and Small Payments Conference -- co-hosted by Peppercoin and SourceMedia -- will convene to discuss strategies for "Transforming Transactions" and growing the small payments market. Niki Manby, senior vice president of product innovation at Visa USA, and Robert Carr, chairman and CEO of Heartland Payment Systems, will provide keynote remarks this year.

New Visa Pilot Tests Delivery of Mobile Coupons and Rewards

SAN FRANCISCO--(www.AllPayNews.com)--Visa USA today advanced its mobile strategy through the launch of a new pilot at its California headquarters. Following the successful completion of the industry’s first large-scale U.S. mobile payment trial at Philips Arena in Atlanta earlier this year, Visa is now testing the delivery of mobile payment coupons and rewards via text message, graphic and bar code images direct to consumers’ mobile devices.