payment solutions

VeriFone Systems, Inc introduced a new comprehensive, subscription-based offering known as PAYMEDIA Solutions to provide small to medium-sized merchants with payment solutions and access to payment-enabled media at the checkout counter including the integration of online services such as digital couponing, loyalty, location-based social media and value-added services.

Provider of mobile payment solutions CHARGE Anywhere has introduced its mobile payment service in Nigeria. G-PAY Africa has selected CHARGE Anywhere as their premiere offering to be distributed.

 Customers definitely like when the company provides them with the abundance of available options. It’s especially true when it comes to online payment operations. Internet users like to get it all with a click of a mouse, and they’re always very excited about new innovative payment options launched by payment processors.

TSYS is purchasing a controlling interest in First National Merchant Solutions for $150.5 million. TSYS will run the business in a joint venture partnership with First National Bank of Omaha.

FNMS ranked as the 10th largest merchant acquirer in North America has been in the industry for 57 years with over 300,000 merchant outlets in its portfolio.

The agreement stipulates that TSYS is acquiring 51% ownership of FNMS for approximately $150.5 million, while FNBO will control the remaining 49%. The transaction is expected to close 1 April, 2010.
 

The development of money transfer services market via mobile phones in the East Africa is to intensify with the entry of Obopay, a global provider of payment solutions.

Obopay has teamed with Essar Telecom Kenya (ETK) Kenya’s fourth mobile network, and Nokia, to launch a money transfer services called yuCash to be carried out under the Obopay platform.

 Alcatel-Lucent in association with its venture, touchatag and Clear2Pay, a global payment solutions provider, have partnered for the launch of a mobile payment framework for mobile operators.

Under this framework initiative users will be able to make purchases, buy tickets or transfer money using their mobile phone. For example, by placing a Near Field Communications (NFC) enabled mobile phone over scanners at a point-of-sale terminal, a user can use his phone as a wallet.

Commerce Online Inc. announced that the Company's corporate ticker symbol will change from "SRHS" to "CMIB" effective at the opening of the market today, Thursday, June 18th. The ticker has been changed as part of the Company's overall plan to launch its new e-commerce transactional software, payment gateway and social network technology strategy. At the same time the official corporate name change from Seraph Security Inc. to Commerce Online Inc.

Actually the company we are talking about in this article cannot be regarded as a payment system though it is directly related to the payment services. CHARGE Anywhere is just a provider of electronic payment solutions and it offers payments processing through its own Payment Gateway and its CHARGE Anywhere POS solution.