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IndustryUpdate
Merchants consider mobile risky BlueSnap teams with Avalara
Based on the annul Mobile Payments & Fraud Survey BlueSnap Inc. teamed with Avalara to integrate its cloud-
2014 Report by Kount Inc., a study of nearly 2,000 retail- based AvaTax software for the benefit of global gateway
ers surveyed in 24 industry categories, 51 percent of merchants seeking compliance solutions for sales tax,
respondents said the risk of mobile fraud has increased value-added tax and other types of transaction taxes.
year-over-year. "Calculating duty and sales tax is extremely compli-
cated, and given the different compliance rules world-
This was also cited as the biggest obstacle to mobile wide, many merchants constantly worry about meeting
adoption. Thirty-two percent affirmed that specific fraud their tax obligations," said Jeff Coppolo, Head of Global
tools are needed to secure this channel. Mobile money Business Development at BlueSnap.
movement, travel and financial services were viewed as
areas of highest risk. Clearent joins with Yiftee
Unraveling payments value at FI level Clearent LLC partnered with online and mobile gift-
ing service Yiftee to deliver eGifts as a complimen-
In a white paper titled Unspooling the Payments Value tary service to merchants who enroll in the program via
Chain, The Members Group explores the disruptors Clearent's channel partners. Recipients are notified by
reshaping how consumers expect to save, spend and earn email, text message or Facebook post that a Yiftee gift
money. "Individuals in high-value, influential groups has been sent, which can be redeemed as a MasterCard
like Gen Y, Hispanic and the underserved are looking for prepaid gift card at participating merchants.
innovative ways to interact with their finances succinctly
and conveniently," said report author Ryan Anderson, GreenStar joint venture embarks
TMG Vice President of Product.
GreenStar Payment Solutions recently launched as a joint
Jump in contactless card shipments venture between SinglePoint Inc., Advanced Content
Services Inc. and GreenHouse Payment Solutions. Under
The Smart Payment Association released its annual the leadership of executives from all three enterprises,
review of the smart payment card market. It found that the new venture will provide the payment tools neces-
450 million contactless cards were delivered by SPA sary for medical marijuana dispensaries to accept debit
members in 2013, twice the quantity shipped the previ- cards and other noncash payments.
ous year.
InComm joins Peoples Trust in Canada
Now present in more than 30 countries, contactless card
growth last year was highest in the Asia-Pacific region, Prepaid program provider InComm, in conjunction with
at 193 percent, followed by Europe at 64 percent and the financial institution Peoples Trust, launched a prepaid
Americas at 45 percent. card for the Rogers Communications suretap wallet that
allows users to reload funds for mobile payments across
Business payment opportunities Canada. "Enabling Rogers as the first mobile provider in
Canada to issue a MasterCard prepaid card via the sure-
An Aite Group LLC impact note titled Global Business- tap wallet is a major milestone for us," said John Pals,
Initiated Payments: Volume and Trends scrutinizes evolv- Chief Operating Officer at Peoples Card Services.
ing trends in business payment processing and identifies
potential leaders in the arena. For the report, Aite spoke Jumio supports Safello in Europe
with 20 global payment technology providers, 10 cor-
porate treasurers and other industry participants who U.S.-based Jumio teamed with Sweden-based Safello AB
to integrate Jumio's identity verification service for expe-
shared global perspectives on this topic.
diting the boarding of Safello's European customers in
the cryptocurrency market, where the company report-
PARTNERSHIPS edly supports a safe, secure method for buying, selling,
storage and usage of bitcoins.
Alliance Data extends Moneris contract
MasterCard and KDDI team in Japan
Alliance Data Systems Corp., through its Canadian coali-
tion loyalty business LoyaltyOne Inc., signed a multiyear MasterCard WorldWide in partnership with Japanese
agreement with Moneris Solutions Corp., as a sponsor in mobile operator KDDI Corp. launched the au Wallet pre-
LoyaltyOne's Air Miles Reward Program. As a national paid card program to KDDI's 34 million au-brand mobile
sponsor, Moneris plans to begin offering merchants in network subscribers in Japan on May 21. "Through our
Canada Air Miles reward miles for newly acquired pay- partnership with MasterCard, our customers will be con-
ment processing services. nected to a global acceptance network that enables them
to shop at millions of merchants around the world," said
Takashi Tanaka, President of KDDI.
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Merchants consider mobile risky BlueSnap teams with Avalara
Based on the annul Mobile Payments & Fraud Survey BlueSnap Inc. teamed with Avalara to integrate its cloud-
2014 Report by Kount Inc., a study of nearly 2,000 retail- based AvaTax software for the benefit of global gateway
ers surveyed in 24 industry categories, 51 percent of merchants seeking compliance solutions for sales tax,
respondents said the risk of mobile fraud has increased value-added tax and other types of transaction taxes.
year-over-year. "Calculating duty and sales tax is extremely compli-
cated, and given the different compliance rules world-
This was also cited as the biggest obstacle to mobile wide, many merchants constantly worry about meeting
adoption. Thirty-two percent affirmed that specific fraud their tax obligations," said Jeff Coppolo, Head of Global
tools are needed to secure this channel. Mobile money Business Development at BlueSnap.
movement, travel and financial services were viewed as
areas of highest risk. Clearent joins with Yiftee
Unraveling payments value at FI level Clearent LLC partnered with online and mobile gift-
ing service Yiftee to deliver eGifts as a complimen-
In a white paper titled Unspooling the Payments Value tary service to merchants who enroll in the program via
Chain, The Members Group explores the disruptors Clearent's channel partners. Recipients are notified by
reshaping how consumers expect to save, spend and earn email, text message or Facebook post that a Yiftee gift
money. "Individuals in high-value, influential groups has been sent, which can be redeemed as a MasterCard
like Gen Y, Hispanic and the underserved are looking for prepaid gift card at participating merchants.
innovative ways to interact with their finances succinctly
and conveniently," said report author Ryan Anderson, GreenStar joint venture embarks
TMG Vice President of Product.
GreenStar Payment Solutions recently launched as a joint
Jump in contactless card shipments venture between SinglePoint Inc., Advanced Content
Services Inc. and GreenHouse Payment Solutions. Under
The Smart Payment Association released its annual the leadership of executives from all three enterprises,
review of the smart payment card market. It found that the new venture will provide the payment tools neces-
450 million contactless cards were delivered by SPA sary for medical marijuana dispensaries to accept debit
members in 2013, twice the quantity shipped the previ- cards and other noncash payments.
ous year.
InComm joins Peoples Trust in Canada
Now present in more than 30 countries, contactless card
growth last year was highest in the Asia-Pacific region, Prepaid program provider InComm, in conjunction with
at 193 percent, followed by Europe at 64 percent and the financial institution Peoples Trust, launched a prepaid
Americas at 45 percent. card for the Rogers Communications suretap wallet that
allows users to reload funds for mobile payments across
Business payment opportunities Canada. "Enabling Rogers as the first mobile provider in
Canada to issue a MasterCard prepaid card via the sure-
An Aite Group LLC impact note titled Global Business- tap wallet is a major milestone for us," said John Pals,
Initiated Payments: Volume and Trends scrutinizes evolv- Chief Operating Officer at Peoples Card Services.
ing trends in business payment processing and identifies
potential leaders in the arena. For the report, Aite spoke Jumio supports Safello in Europe
with 20 global payment technology providers, 10 cor-
porate treasurers and other industry participants who U.S.-based Jumio teamed with Sweden-based Safello AB
to integrate Jumio's identity verification service for expe-
shared global perspectives on this topic.
diting the boarding of Safello's European customers in
the cryptocurrency market, where the company report-
PARTNERSHIPS edly supports a safe, secure method for buying, selling,
storage and usage of bitcoins.
Alliance Data extends Moneris contract
MasterCard and KDDI team in Japan
Alliance Data Systems Corp., through its Canadian coali-
tion loyalty business LoyaltyOne Inc., signed a multiyear MasterCard WorldWide in partnership with Japanese
agreement with Moneris Solutions Corp., as a sponsor in mobile operator KDDI Corp. launched the au Wallet pre-
LoyaltyOne's Air Miles Reward Program. As a national paid card program to KDDI's 34 million au-brand mobile
sponsor, Moneris plans to begin offering merchants in network subscribers in Japan on May 21. "Through our
Canada Air Miles reward miles for newly acquired pay- partnership with MasterCard, our customers will be con-
ment processing services. nected to a global acceptance network that enables them
to shop at millions of merchants around the world," said
Takashi Tanaka, President of KDDI.
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