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Online News Archive

Editor: Leslee Mason email Leslee

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January-February 2010

Everlink partners with Chase on new acquirer program

Feb. 24, 2010--Everlink, a provider of integrated payment solutions and services in the Canadian marketplace, is revealing a new referral relationship with Chase Paymentech, a business unit of JP Morgan Chase, a global leader in payment processing and merchant acquiring.. (more)


VersaPay signs deal with major vacation provider

Feb 22, 2010--VersaPay Corporation, a provider of merchant credit, debit, gift and loyalty card transaction processing solutions, today announced that it has signed a three-year, exclusive agreement with the Canadian division of Globus, an international provider of touring travel and vacation packages. (more)


American Express, Costco roll out new credit card

Feb 22, 2010--American Express Canada and Costco Wholesale introduce the TrueEarnings Card. This no-fee Credit Card is designed to offer consumers rich rewards on purchases made inside and outside of Costco, including on everyday items like gas, groceries and dining out, and with no maximum annual rebate, there isn't a limit to the amount of cash back Cardmembers can earn. (more)


Survey suggests limited interest in P2P payments

Feb 19 , 2010--A just-released consumer survey conducted by ABI Research in November 2009 in seven countries on three continents has found consistently low levels of interest in making person-to-person payments via the mobile phone. The survey polled subscribers, equally divided by gender, in Germany, France, the UK, the US, Japan, Taiwan, and South Korea. About 200 respondents participated from each country. (more)


OneAPI gains momentum as GSMA announces commercial pilot with leading Canadian mobile operators

Feb. 15, 2010--The GSMA is starting a commercial pilot in Canada as part of its OneAPI* initiative, working with the country's leading mobile operators Bell Mobility, Rogers Communications and TELUS to demonstrate the viability and benefits of providing developers with standardised application programming interfaces (APIs) for mobile networks. Through the OneAPI initiative, the GSMA is promoting the adoption of a common, lightweight and web-friendly set of APIs to provide application developers with easy access to mobile operator network capabilities. The pilot in Canada marks the first time developers are able to gain commercial access to the network assets of multiple operators, from a single gateway, in a consistent and simple way using OneAPI. (more)


RBC issues special contactless card for Games

Jan. 28, 1010--RBC Royal Bank is adding another unique payment option to its lineup of Visa prepaid cards. Athletes, coaches and team officials attending the Vancouver 2010 Olympic and Paralympic Winter Games will be able to purchase beverages with a simple wave of the hand by using a special Visa Prepaid Card issued by RBC.

The card, shaped like an iconic Coca-Cola contour bottle, uses Visa payWave technology and is the first contactless Visa card in Canada that is not linked to a credit card account. (more)

BMO leader gets influence award

Feb. 9, 2010--Terry Wellesley, executive managing director of BMO Spend & Payment Solutions, a division of BMO Financial Group (NYSE, TSX: BMO), has been named to Business Travel News elite list of the "25 Most Influential Executives in the Business Travel Industry in 2009".

The BTN award cites Wellesley's vision and achievements in building a formidable competitive position in the corporate card industry - culminating in BMO's acquisition of the Diners Club North America franchise in late 2009. Through the acquisition and complemented by strong existing payment solutions, BMO is now one of the largest and fastest-growing commercial card issuers in North America. (more)


US consumers choose their favourite gift cards Feb 26, 2010

Visa spending at Olympics sets record Feb 24, 2010

First Data, TIO, add to payment network Feb 24, 1010

VendTek releases 2009 operations update Feb 24, 2010

G&D unveils successor to smart card Feb 24, 2010

Magstar has new "green" mobile POS solution Feb 24, 2010

Monexa gets re-certified for PCI compliance Feb 23, 2010

Survey: eCommerce making trade without borders a reality Feb 23, 2010

NRT gets nominated for Top 50 list Feb 19, 2010

TelPay launches blog Feb 19, 2010

PayPal added as option for Facebook ads Feb 18, 2010

Gov't department aims to improve systems Feb 18, 2010

HDX raises $15 million for acqusitions Feb 17, 2010

Money Mart debuts prepaid card Feb. 9, 2010

Interac denied biz status Feb. 9, 2010

CIBC first with mobile App Feb 5, 2010

Pivotal completes acquisitions Jan 5 , 2010



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