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September 21, 2011

Cartera Commerce Closes Loop on Local Card-Linked Offers

Cartera commerce logo 140x60pxCartera Commerce has announced a new capability that enables card issuers to drive revenue from the local advertising market.

Cartera's new performance-based solution enables issuers to market thousands of local, card-linked offers to their customers, who redeem offers just by swiping their cards in local stores. Cartera securely and privately tracks transactions and automatically delivers savings and rewards back in cardholders' accounts in cash, points or miles.
In related news, Cartera also announced a strategic marketing agreement with TransFirst to offer this solution to TransFirst merchants.

Citi’s Worldlink Payment Services Adds New Currencies

Citi logo 140pxCiti has announced that its Global Transaction Services unit has enhanced its WorldLink Payment Services to "support payments in exotic currencies, such as the Chinese Renminbi (RMB) and Iraqi Dinar (IQD). In addition, WorldLink has developed its network to support current and future exotic currency offerings. These enhancements allow for significant reductions in settlement time, increased visibility of important transactional details and a reduction of volume capacity against exotic currencies."

Retail Decisions Launches ReD Fraud Alert

ReD logo 140x60psRetail Decisions (ReD)has announced the ReD Fraud Alert service, a new service which enables card issuers and merchants to exchange information in the fight against online payment fraud.

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.

PaymentOne Announces 7 Day Payout on Bill-to-Mobile Payments

PaymentOne logo 140pxPaymentOne has 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."

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