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June 01, 2010

New on - Senior Sales Executives at Digital River

PaymentsJobs.comDigital River has posted new position openings on our job board. These positions, based in the US, are for Senior Sales Executives to expand Digital River's footprint for its international payment processing and related back office services in North America. If you're interested in applying, be sure the checkout the full posting.

Is your company hiring? Are you in the market for qualified payments professionals? Post your openings for payments professionals on! Got multiple job openings to post? Contact me for a special discount!

NYC Transit Starts 6-Month Trial of MasterCard PayPass

MasterCardThe Metropolitan Transportation Authority (MTA), Port Authority of New York and New Jersey (PATH), NJ TRANSIT (NJT) and MasterCard have announced the launch of a six month pilot program in which MasterCard PayPass will be accepted for fare payments on select train and bus routes throughout New York City and New Jersey. According to the companies, the service "enables riders of the three transit systems to purchase fares and transfer between transit systems simply by tapping a single type of contactless credit or debit card or device." According to a press release, the service will be "available exclusively to MasterCard PayPass customers during the first two months of the trial" before being opened up to other payments brands. READ MORE »

Magento Introduces Magento Mobile for Merchants to Mobilize

MagentoMagento has introduced Magento Mobile - calling it "a new product that addresses the need for merchants to reach consumers through mobile devices." Magento mobile integrates with Magento’s e-commerce platform and uses PayPal’s mobile payments library to streamline checkout on a mobile device. Magento Mobile "transforms a retailer’s product catalog into a fully-functional, branded, native application which merchants can use to interact and transact with their most valuable customers in a way unlike any other channel." READ MORE »

TMG Partners with MShift, Visa for Mobile Solutions

TMG-The Members GroupTMG (The Members Group) has announced it is expanding its portfolio of products to include mobile banking and transaction alerting solutions. TMG says it has partnered with MShift - "leveraging their technology to bring to the table a holistic device, carrier and content agnostic mobile banking solution for FIs." TMG is also making available a transaction alerting service enabled by Visa that can also serve as a mobile fraud-detection measure. The goal of this new alert service is to enable consumers to be an active part of the fraud monitoring process. READ MORE »

New on - Senior Manager of Risk Management at PayPal

PaymentsJobs.comPayPal has posted a new position opening on our job board. This position, based in San Jose, CA, is for a Senior Manager who can "help set a Risk/Business Unit strategy that achieves maximum profitability for the business while enhancing the customer experience". If you're interested, be sure the checkout the full posting.

Are you hiring? Post your openings for payments professionals on! Got multiple job openings to post? Contact me for a special discount!

Mobile Phones as Loyalty Cards

Mobile UsersIn an article titled "Cellphone in New Role: Loyalty Card", Claire Cain Miller writes for the New York Times about how companies like FourSquare, Loopt, Shopkick and GoWalla "are experimenting with ways to use cellphones to bridge the digital and physical worlds and turn the tasks of everyday life, like buying coffee and running errands, into a game."

Headline News - June 1, 2010

Headline News is brought to you by Glenbrook Partners and our Payments Education series.

Note: Throughout the day, as Payments News happens, this post is updated. For job opportunities available for payments professionals, visit Employers seeking to hire payments professionals can post their job openings there as well.


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