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P. 10
In
IndustryUpdatedustryUpdate
NEWSS for POS and online transactions. Mercury Payment r POS and online transactions. Mercury Payment
fo
NEW
Systems LLC is collaborating with PayPal to offer ystems LLC is collaborating with PayPal to offer
S
PayPal payments in-store.
ATM industry concerned TM industry concerned PayPal payments in-store.
A
about Durbin ruling
about Durbin ruling
"By adding PayPal to our payment processing systems,
"By adding PayPal to our payment processing systems,
and empowering our developer and reseller partners
T and empowering our developer and reseller partners
The U.S. ATM industry is concerned that the U.S. District he U.S. ATM industry is concerned that the U.S. District
to offer PayPal to their merchant bases, we believe we
Court's recent ruling against the Federal Reserve's ourt's recent ruling against the Federal Reserve's to offer PayPal to their merchant bases, we believe we
C
have reached a tipping point for mobile and digital
actions to regulate debit card interchange will further egulate debit card interchange will further
actions to r have reached a tipping point for mobile and digital
wallet payments," said Mercury Chief Executive Officer
dela wallet payments," said Mercury Chief Executive Officer
delay implementation of the Europay/MasterCard/Visa y implementation of the Europay/MasterCard/Visa
Matt Taylor.
(EMV) standard in the United States.d in the United States.
(EMV) standar Matt Taylor.
Total System Services Inc. (TSYS) agreed with Discover
" "It is widely acknowledged that Durbin has contrib-It is widely acknowledged that Durbin has contrib- Total System Services Inc. (TSYS) agreed with Discover
Financial Services to process PayPal payment transac-
u
uted to the delayed development of a common U.S. ted to the delayed development of a common U.S. Financial Services to process PayPal payment transac-
tions within the contiguous United States after PayPal
AID [Application Identification] for EMV which puts pplication Identification] for EMV which puts tions within the contiguous United States after PayPal
AID [A
established a relationship with Discover through which
A
ATM operators of all sizes in an untenable position to TM operators of all sizes in an untenable position to established a relationship with Discover through which
PayPal has access to Discover's brick-and-mortar mer-
meet liability shifts with networks," said Bryan Bauer, y shifts with networks," said Bryan Bauer, PayPal has access to Discover's brick-and-mortar mer-
meet liabilit
chant customers.
P
President of Kahuna ATM Solutions. resident of Kahuna ATM Solutions. chant customers.
"We believe PayPal provides merchants and consum-
"Implementation of Durbin was also 'not positive' for "Implementation of Durbin was also 'not positive' for "We believe PayPal provides merchants and consum-
ers more choices and helps reach new consumers at the
the ATM industry because the Federal Reserve failed to the ATM industry because the Federal Reserve failed to ers more choices and helps reach new consumers at the
point of sale, relying on our robust payment transac-
put in place the two unaffiliated bugs for PIN debit and put in place the two unaffiliated bugs for PIN debit and point of sale, relying on our robust payment transac-
tion processing platforms, as well as other value-added
two for signature debit in the first place."two for signature debit in the first place." tion processing platforms, as well as other value-added
products and services," said Mark Pyke, President of
products and services," said Mark Pyke, President of
TSYS' Merchant Services segment.
The Durbin Amendment mandates that the financial The Durbin Amendment mandates that the financial TSYS' Merchant Services segment.
services industry reconfigure its infrastructure so that services industry reconfigure its infrastructure so that
Capital Access Network customers can now opt to
every debit card transaction can be processed over one every debit card transaction can be processed over one Capital Access Network customers can now opt to
have funds deposited directly into a PayPal account or
of two competing debit networks. of two competing debit networks. have funds deposited directly into a PayPal account or
a traditional bank account. "Online merchants and other
a traditional bank account. "Online merchants and other
businesses that rely heavily on PayPal don't want the
"Should the court ruling withstand appeal, it would "Should the court ruling withstand appeal, it would businesses that rely heavily on PayPal don't want the
extra hassles of transferring money between accounts,"
appear to require adoption of new rules by the Fed appear to require adoption of new rules by the Fed extra hassles of transferring money between accounts,"
said Daniel DeMeo, CAN's CEO. "By offering a direct
mandating two unaffiliated bugs for PIN debit," said mandating two unaffiliated bugs for PIN debit," said said Daniel DeMeo, CAN's CEO. "By offering a direct
link to PayPal, we remove one more hurdle that previ-
Bruce Renard, Executive Director of the National ATM Bruce Renard, Executive Director of the National ATM link to PayPal, we remove one more hurdle that previ-
ously stood between business owners and their access
Council Inc.Council Inc. ously stood between business owners and their access
to capital."
to capital."
Multiple payment ltiple payment
Mu
The Green Sheet writers laudedhe Green Sheet writers lauded
c T
companies embrace PayPalompanies embrace PayPal
Communications Concepts Inc. honored The Green ommunications Concepts Inc. honored The Green
PayPal Inc. is continuing to form new partnerships ayPal Inc. is continuing to form new partnerships
P C
• The Visa Inc. Global Travel Intentions Study 2013 he Visa Inc. Global Travel Intentions Study 2013
• T
revealed U.S. travelers plan to increase internation-led U.S. travelers plan to increase internation-
revea
al travel spend by 40 percent on the next trip out-l travel spend by 40 percent on the next trip out-
a
s side U.S. borders. Dining and retail are expected ide U.S. borders. Dining and retail are expected p
to account for 29 and 24 percent of travel spend,
to account for 29 and 24 percent of travel spend,
respective
respectively.ly.
•
• FranchiseHelp Holdings LLC estimated approx- FranchiseHelp Holdings LLC estimated approx-pp
imately 65,000 pizza franchises are operating
imately 65,000 pizza franchises are operating
within the United States, representing 17 percent
within the United States, representing 17 percent pp
of all restaurants – and revenue generated by the g
of all restaurants – and revenue generated by the
pizza industry totals $40 billion annually.
pizza industry totals $40 billion annually.
• According to research by Ambient Insight LLC,
• According to research by Ambient Insight LLC, y
global revenues for game-based learning purchas-ggp
g
global revenues for game-based learning purchas-
es will reach $2.3 billion by 2017, with childhood
es will reach $2.3 billion by 2017, with childhood
learning applications leading sales in this market.
learning applications leading sales in this market.
10
10
IndustryUpdatedustryUpdate
NEWSS for POS and online transactions. Mercury Payment r POS and online transactions. Mercury Payment
fo
NEW
Systems LLC is collaborating with PayPal to offer ystems LLC is collaborating with PayPal to offer
S
PayPal payments in-store.
ATM industry concerned TM industry concerned PayPal payments in-store.
A
about Durbin ruling
about Durbin ruling
"By adding PayPal to our payment processing systems,
"By adding PayPal to our payment processing systems,
and empowering our developer and reseller partners
T and empowering our developer and reseller partners
The U.S. ATM industry is concerned that the U.S. District he U.S. ATM industry is concerned that the U.S. District
to offer PayPal to their merchant bases, we believe we
Court's recent ruling against the Federal Reserve's ourt's recent ruling against the Federal Reserve's to offer PayPal to their merchant bases, we believe we
C
have reached a tipping point for mobile and digital
actions to regulate debit card interchange will further egulate debit card interchange will further
actions to r have reached a tipping point for mobile and digital
wallet payments," said Mercury Chief Executive Officer
dela wallet payments," said Mercury Chief Executive Officer
delay implementation of the Europay/MasterCard/Visa y implementation of the Europay/MasterCard/Visa
Matt Taylor.
(EMV) standard in the United States.d in the United States.
(EMV) standar Matt Taylor.
Total System Services Inc. (TSYS) agreed with Discover
" "It is widely acknowledged that Durbin has contrib-It is widely acknowledged that Durbin has contrib- Total System Services Inc. (TSYS) agreed with Discover
Financial Services to process PayPal payment transac-
u
uted to the delayed development of a common U.S. ted to the delayed development of a common U.S. Financial Services to process PayPal payment transac-
tions within the contiguous United States after PayPal
AID [Application Identification] for EMV which puts pplication Identification] for EMV which puts tions within the contiguous United States after PayPal
AID [A
established a relationship with Discover through which
A
ATM operators of all sizes in an untenable position to TM operators of all sizes in an untenable position to established a relationship with Discover through which
PayPal has access to Discover's brick-and-mortar mer-
meet liability shifts with networks," said Bryan Bauer, y shifts with networks," said Bryan Bauer, PayPal has access to Discover's brick-and-mortar mer-
meet liabilit
chant customers.
P
President of Kahuna ATM Solutions. resident of Kahuna ATM Solutions. chant customers.
"We believe PayPal provides merchants and consum-
"Implementation of Durbin was also 'not positive' for "Implementation of Durbin was also 'not positive' for "We believe PayPal provides merchants and consum-
ers more choices and helps reach new consumers at the
the ATM industry because the Federal Reserve failed to the ATM industry because the Federal Reserve failed to ers more choices and helps reach new consumers at the
point of sale, relying on our robust payment transac-
put in place the two unaffiliated bugs for PIN debit and put in place the two unaffiliated bugs for PIN debit and point of sale, relying on our robust payment transac-
tion processing platforms, as well as other value-added
two for signature debit in the first place."two for signature debit in the first place." tion processing platforms, as well as other value-added
products and services," said Mark Pyke, President of
products and services," said Mark Pyke, President of
TSYS' Merchant Services segment.
The Durbin Amendment mandates that the financial The Durbin Amendment mandates that the financial TSYS' Merchant Services segment.
services industry reconfigure its infrastructure so that services industry reconfigure its infrastructure so that
Capital Access Network customers can now opt to
every debit card transaction can be processed over one every debit card transaction can be processed over one Capital Access Network customers can now opt to
have funds deposited directly into a PayPal account or
of two competing debit networks. of two competing debit networks. have funds deposited directly into a PayPal account or
a traditional bank account. "Online merchants and other
a traditional bank account. "Online merchants and other
businesses that rely heavily on PayPal don't want the
"Should the court ruling withstand appeal, it would "Should the court ruling withstand appeal, it would businesses that rely heavily on PayPal don't want the
extra hassles of transferring money between accounts,"
appear to require adoption of new rules by the Fed appear to require adoption of new rules by the Fed extra hassles of transferring money between accounts,"
said Daniel DeMeo, CAN's CEO. "By offering a direct
mandating two unaffiliated bugs for PIN debit," said mandating two unaffiliated bugs for PIN debit," said said Daniel DeMeo, CAN's CEO. "By offering a direct
link to PayPal, we remove one more hurdle that previ-
Bruce Renard, Executive Director of the National ATM Bruce Renard, Executive Director of the National ATM link to PayPal, we remove one more hurdle that previ-
ously stood between business owners and their access
Council Inc.Council Inc. ously stood between business owners and their access
to capital."
to capital."
Multiple payment ltiple payment
Mu
The Green Sheet writers laudedhe Green Sheet writers lauded
c T
companies embrace PayPalompanies embrace PayPal
Communications Concepts Inc. honored The Green ommunications Concepts Inc. honored The Green
PayPal Inc. is continuing to form new partnerships ayPal Inc. is continuing to form new partnerships
P C
• The Visa Inc. Global Travel Intentions Study 2013 he Visa Inc. Global Travel Intentions Study 2013
• T
revealed U.S. travelers plan to increase internation-led U.S. travelers plan to increase internation-
revea
al travel spend by 40 percent on the next trip out-l travel spend by 40 percent on the next trip out-
a
s side U.S. borders. Dining and retail are expected ide U.S. borders. Dining and retail are expected p
to account for 29 and 24 percent of travel spend,
to account for 29 and 24 percent of travel spend,
respective
respectively.ly.
•
• FranchiseHelp Holdings LLC estimated approx- FranchiseHelp Holdings LLC estimated approx-pp
imately 65,000 pizza franchises are operating
imately 65,000 pizza franchises are operating
within the United States, representing 17 percent
within the United States, representing 17 percent pp
of all restaurants – and revenue generated by the g
of all restaurants – and revenue generated by the
pizza industry totals $40 billion annually.
pizza industry totals $40 billion annually.
• According to research by Ambient Insight LLC,
• According to research by Ambient Insight LLC, y
global revenues for game-based learning purchas-ggp
g
global revenues for game-based learning purchas-
es will reach $2.3 billion by 2017, with childhood
es will reach $2.3 billion by 2017, with childhood
learning applications leading sales in this market.
learning applications leading sales in this market.
10
10
