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IndustryUpdate
of 'Agritek Holdings' will more completely define and Square unveils digital receipt feedback tool
provide greater recognition of who we are within
this industry," said Agritek Chief Executive Officer B. Square Inc. introduced Square Feedback to turn digi-
Michael Friedman. tal receipts into customer feedback tools. "The receipt
should be more than just a list of what a customer
Optimal's e-commerce platform wins CNP award bought," said Gokul Rajaram, Seller Product Lead at
Square. "Digital receipts are a natural platform for com-
At the CNP Expo held May 19 to 22, 2014, in Orlando, munication. We're designing them to add value to the
Fla., online payment firm Optimal Payments PLC won customer experience and extend the interaction between
the Best Ecommerce Platform/Gateway – Customer the buyer and the seller."
Choice Award. Event organizers said a record number of
both nominations and votes for Customer Choice nomi- Swarm releases foot traffic counter
nees marked this year's CNP Awards.
San Francisco-based Swarm Solutions Inc. launched
PCI SSC adds PCI Awareness eLearning program Swarm Portal, a foot traffic counter that incorporates
Apple Inc.'s Bluetooth Low Energy-based iBeacon tech-
The PCI Security Standards Council (PCI SSC) launched nology. The startup said Swarm Portal is an innovative
the PCI Awareness eLearning training program, a four- way for small businesses to keep track of in-store perfor-
hour entry-level course to help businesses understand mance metrics. The device relays foot traffic information
the Payment Card Industry (PCI) Data Security Standard wirelessly to merchants' smartphones and tablets.
(DSS). "We hope that through this initiative we can make
[retailers] aware of some simple steps they can start with TrustCommerce achieves PCI 3.0 compliance
to help protect their customers' payment data and their
business," said PCI SSC General Manager Bob Russo. Point-to-point encryption payment solutions firm
TrustCommerce reported its validation as PCI DSS 3.0
my paysafecard now available in Croatia compliant. By certifying with the newest version of the
PCI DSS before the Jan. 1, 2015, deadline for compli-
Vienna, Austria-based prepaid voucher provider pay- ance, TrustCommerce demonstrated its commitment to
safecard.com Wertkarten AG expanded its online my payment security and the protection of client data, said
paysafecard program into Croatia. Paysafecard, which company CEO Rob Caulfield.
has offered its prepaid vouchers in Croatia since 2012,
now offers online accounts that Croatians can access via Wirecard rolls on with ePOS
user names and passwords.
International online payment provider Wirecard AG
PayStand receives TiE50 award recently showcased Wirecard ePOS. The Munich,
Germany-based company said its online POS infrastruc-
Online payment solution provider PayStand was select- ture allows for "customer controlled checkout," as in-
ed as a winner for the 2014 TiE50 Top Startups award. store checkout will be virtualized on customers' mobile
PayStand, based in Santa Cruz, Calif., was chosen from devices.
over 2,800 companies representing 27 countries.
Wocket launched May 28
POS Supply Solutions enhances website
Biometric authentication company NXT-ID Inc. launched
POS Supply Solutions Inc. redesigned its website to the Wocket in New York City on May 28, 2014. The
improve functionality and incorporate new, user-friend- Wocket is a next-generation "smart wallet" designed to
ly features. "The website was re-designed from the replace all types of payment cards, as well as identity-
ground up with optimized customer experience at the related cards, such as medical and insurance cards, with
center of each and every development decision," said no smartphone required.
Mark Fitzgerald, the company's Director of Marketing,
Digital Commerce. RESEARCH
RILA founds R-CISC
mPOS to overtake traditional terminals
The Retail Industry Leaders Association launched the
Retail Cyber Intelligence Sharing Center (R-CISC). RILA According to an Intelling Smart Insights Report, mPOS
said the R-CISC is an independent organization, with expansion shakes the Point of Sales industry, mobile POS
the centerpiece being the Retail Information Sharing and systems that combine smartphone convenience with
Analysis Center (Retail-ISAC). The R-CISC is designed bankcard acceptance at the POS are expected to climb to
to allow retailers to share cyber threat information. Nike 52.1 million units shipped in 2018, overtaking traditional
Inc., Safeway Inc. and Target Corp. are among the com- POS terminals in the installed base of POS terminals
panies taking part in the new organization. worldwide. At the same time, traditional POS terminal
shipments are projected to shrink by 9.7 million units
shipped in 2018.
20
of 'Agritek Holdings' will more completely define and Square unveils digital receipt feedback tool
provide greater recognition of who we are within
this industry," said Agritek Chief Executive Officer B. Square Inc. introduced Square Feedback to turn digi-
Michael Friedman. tal receipts into customer feedback tools. "The receipt
should be more than just a list of what a customer
Optimal's e-commerce platform wins CNP award bought," said Gokul Rajaram, Seller Product Lead at
Square. "Digital receipts are a natural platform for com-
At the CNP Expo held May 19 to 22, 2014, in Orlando, munication. We're designing them to add value to the
Fla., online payment firm Optimal Payments PLC won customer experience and extend the interaction between
the Best Ecommerce Platform/Gateway – Customer the buyer and the seller."
Choice Award. Event organizers said a record number of
both nominations and votes for Customer Choice nomi- Swarm releases foot traffic counter
nees marked this year's CNP Awards.
San Francisco-based Swarm Solutions Inc. launched
PCI SSC adds PCI Awareness eLearning program Swarm Portal, a foot traffic counter that incorporates
Apple Inc.'s Bluetooth Low Energy-based iBeacon tech-
The PCI Security Standards Council (PCI SSC) launched nology. The startup said Swarm Portal is an innovative
the PCI Awareness eLearning training program, a four- way for small businesses to keep track of in-store perfor-
hour entry-level course to help businesses understand mance metrics. The device relays foot traffic information
the Payment Card Industry (PCI) Data Security Standard wirelessly to merchants' smartphones and tablets.
(DSS). "We hope that through this initiative we can make
[retailers] aware of some simple steps they can start with TrustCommerce achieves PCI 3.0 compliance
to help protect their customers' payment data and their
business," said PCI SSC General Manager Bob Russo. Point-to-point encryption payment solutions firm
TrustCommerce reported its validation as PCI DSS 3.0
my paysafecard now available in Croatia compliant. By certifying with the newest version of the
PCI DSS before the Jan. 1, 2015, deadline for compli-
Vienna, Austria-based prepaid voucher provider pay- ance, TrustCommerce demonstrated its commitment to
safecard.com Wertkarten AG expanded its online my payment security and the protection of client data, said
paysafecard program into Croatia. Paysafecard, which company CEO Rob Caulfield.
has offered its prepaid vouchers in Croatia since 2012,
now offers online accounts that Croatians can access via Wirecard rolls on with ePOS
user names and passwords.
International online payment provider Wirecard AG
PayStand receives TiE50 award recently showcased Wirecard ePOS. The Munich,
Germany-based company said its online POS infrastruc-
Online payment solution provider PayStand was select- ture allows for "customer controlled checkout," as in-
ed as a winner for the 2014 TiE50 Top Startups award. store checkout will be virtualized on customers' mobile
PayStand, based in Santa Cruz, Calif., was chosen from devices.
over 2,800 companies representing 27 countries.
Wocket launched May 28
POS Supply Solutions enhances website
Biometric authentication company NXT-ID Inc. launched
POS Supply Solutions Inc. redesigned its website to the Wocket in New York City on May 28, 2014. The
improve functionality and incorporate new, user-friend- Wocket is a next-generation "smart wallet" designed to
ly features. "The website was re-designed from the replace all types of payment cards, as well as identity-
ground up with optimized customer experience at the related cards, such as medical and insurance cards, with
center of each and every development decision," said no smartphone required.
Mark Fitzgerald, the company's Director of Marketing,
Digital Commerce. RESEARCH
RILA founds R-CISC
mPOS to overtake traditional terminals
The Retail Industry Leaders Association launched the
Retail Cyber Intelligence Sharing Center (R-CISC). RILA According to an Intelling Smart Insights Report, mPOS
said the R-CISC is an independent organization, with expansion shakes the Point of Sales industry, mobile POS
the centerpiece being the Retail Information Sharing and systems that combine smartphone convenience with
Analysis Center (Retail-ISAC). The R-CISC is designed bankcard acceptance at the POS are expected to climb to
to allow retailers to share cyber threat information. Nike 52.1 million units shipped in 2018, overtaking traditional
Inc., Safeway Inc. and Target Corp. are among the com- POS terminals in the installed base of POS terminals
panies taking part in the new organization. worldwide. At the same time, traditional POS terminal
shipments are projected to shrink by 9.7 million units
shipped in 2018.
20
