| MyStarU.com Reports Sales Of Master Franchise License [TCOM.OB]
6/25/2007 4:03:24 PM Monday, Telecom Communications Inc. (TCOM.OB) said its subsidiary, MyStarU.com online education net, divested the exclusive license to a master franchisee called Guangzhou Vocational Training Service Center in Guangdong province China.
As per the terms of the deal, GVTSC will pay a license fee of $0.20 million to MyStarU.com, in one time offer as well as has rights to sell licenses to unlimited franchisees inside of Guangdong province. GVSTC plans total sales of 50 franchisees in 2007.
Newtek Inks Merchant Acquiring Pact With Discover Financial Services - Quick Facts [NEWT]
6/25/2007 3:48:12 PM Newtek Business Services, Inc. (NEWT) on Monday said that its electronic payment processing division, under the Newtek brand, signed a merchant acquiring agreement with Discover Financial Services, a business unit of Morgan Stanley (MS).
Enter The Middleman
E-merchants have long taken advantage of the efficiency of services such as PayPal to help them turn casual surfers into shoppers. But by adding more than one online payment option to their Websites, companies can convert one-time visitors into repeat customers. This means doing a little bit of homework to get the right combination of payment methods that suit your business needs.
"If you're willing to do the research, finding online payment options isn't a technical task anymore," says Joe Thompson, 28, a computer software specialist. Thompson launched his online payment services company, Thompson Merchant Services Inc. (www.thompsonmerchant.com) in December 2002 after a short stint as an applications engineer at GO Software, (a company now owned by electronic payment technology giant VeriFone).
Tyfone Launches Harmony, a Mobile Banking and Payments Middleware ...
PORTLAND, Ore.--(BUSINESS WIRE)--Tyfone, Inc., a developer of a bank-centric software and hardware platform for mobile financial services, launches Harmony, the middleware communications gateway. Harmony enables secure, two-way bank-to-mobile-phone interactions, and Over-the-Air (OTA) customization for mobile banking, mobile payments – including card account customization – and on-demand merchant relationship services. With Tyfone's unified solution encompassing the client platform, U4ia, and the middleware, Rhapsody/Harmony, a bank's business leaders have great flexibility to define each unit's mobile offers, and IT has a single, unique integration platform. Consequently, with Tyfone, there is a very compelling total cost of ownership and an even more compelling time-to-market advantage.
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