| Pipeline Data Renews Agreement with First Data
QUINCY, Mass.--(BUSINESS WIRE)--Pipeline Data Inc. (OTCBB:PPDA), a valued-added provider of merchant payment processing services and other related software products, announced today that is has renewed its merchant processing agreement with CTS Holdings, LLC, a subsidiary of First Data Corp. (NYSE: FDC). First Data will continue to provide comprehensive card processing services to Pipeline's merchant account base. "We are very pleased to continue our successful partnership with First Data," said Pipeline's chief executive officer, MacAllister Smith. "As an acknowledged leader in the card processing industry, First Data provides the advanced technology and dedicated service that helps us meet the needs of our merchants." "We look forward to extending our relationship with Pipeline Data through the continued inclusion of First Data card processing in its integrated suite of merchant services," said Rick Learch, senior vice president, First Data Commercial Services.
Next steps for m-banking in Africa
I saw John Gage, Sun Microsystem's official international man of mystery, in Arusha last week, and now at the World Economic Forum in Cape Town. The man is clearly traveling too much. (It's okay, John. Me too.) John pulled me aside this afternoon and asked whether I'd learned anything useful at the afternoon session on mobile banking. I did, actually. Two of the most interesting projects in Africa were represented at the meeting - Celpay and M-PESA - as were an African banker and a central bank governor. Lazarus Muchenje, the CEO of Celpay, a company that's spun out of DRC's remarkable Celtel, has been so successful in providing business to business services, his company hasn't even started marketing to ordinary consumers. Businesses use the service to pay their suppliers, moving money from one mobile phone to another.
Hypercom Introduces Family of PCI-Approved Payment Terminals
Hypercom Corporation today announced the expansion of its Optimum family of 32-bit multi-application electronic payment terminals with a new global countertop platform featuring the highest security, largest memory and broadest feature set of any countertop device family of its kind. The new PCI PED-approved Optimum T4200 family will be available in three EMV and three non-EMV models, including a dial only model, Ethernet/SSL with dial backup and wireless GSM/GPRS connectivity also with dial backup. .
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