Tags » Coinstar, Gift Cards, Prepaid Cards and Stored Value Cards
Stored Value Systems has announced an agreement with Coinstar to enable consumers to redeem coins for retail gift cards ("Coin to Card") at Coinstar Centers at selected merchant locations along with a "gift card mall" program that makes multiple retail gift cards available at a single merchant's point of sale.
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Tags » Efunds, Prepaid Cards and Stored Value Cards, Processors
eFunds has announced that it has signed a definitive agreement to acquire prepaid and stored value provider WildCard Systems, Inc. for an upfront payment of $228.8 million plus an earnout of up to $58.8 million.
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Tags » Biometrics, Merchants, Pay By Touch, Point of Sale (POS)
Ellen McCarthy reports for the Washington Post on the use of biometric fingerprint identification for payment at the point of sale and some concerns among privacy rights advocates. The vendors of the technology, BioPay and Pay By Touch, cite speed as one of the primary benefits from using fingerprint biometrics.
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