MasterCard Inaugurates MoneySend BlackBerry App
MasterCard Worldwide today announced the availability of the MasterCard
MoneySend service for BlackBerry Smartphones, a convenient way to
transfer money in the United States from person-to-person easily and
securely by combining the power of a mobile device with a banking
relationship.
MasterCard MoneySend is available for free download on BlackBerry App
World."MasterCard MoneySend allows users to 'Send,' 'Pay' or 'Request
Funds' for a wide range of reasons including the everyday 'IOU,'
informal services purchased from friends and family, or payments to a
personal trainer, roommate, babysitter, gardener, housekeeper or
repairman," says Andrew Ong, Group Head, P2P, MasterCard Worldwide. "We
are excited to extend MasterCard MoneySend to the BlackBerry Smartphone
platform so that we can continue to provide consumers with innovative
ways to make their lives easier."
MasterCard MoneySend allows users in the U.S. to send or request money
via their BlackBerry through participating banks and credit unions or
when they create a virtual prepaid account through Bancorp Bank. Users
can then link their existing debit or credit cards or bank checking
account to the new virtual prepaid account and begin sending money via
their BlackBerry Smartphone. The designated account funds the MoneySend
transaction, and users can manage and trigger the exchanges through the
app. Personal and financial information is never stored on the
BlackBerry. Certain Bancorp Bank fees will apply.
Registered MoneySend users have the ability to:
-Accept credit or debit card payments
-Send money to family members (bank sending fees may apply)
-Pay for informal goods and services (bank sending fees may apply)
-Request money from people who owe money
-Simplify business or non-profit collection effort through the Request
Funds feature
-Manage MoneySend transaction history from a BlackBerry
-Invite other users to use MoneySend via email as a function within the
app
First Data, ACI Worldwide Ink New Multi-Year Global Enterprise
RelationshipACI Worldwide, a leading international provider of
electronic payments software and solutions has announced that it has
entered into a new, multi-year global enterprise relationship with
First Data Corporation, a global leader in electronic commerce and
payment processing. First Data will combine ACI solutions with its
offerings to provide its customers with payment and transaction
processing services.
First Data uses ACI's payment solutions, including BASE24-eps(R),
BASE24(R) and ACI Proactive Risk Manager(TM), to offer a wide range of
payment processing and fraud management solutions around the world. ACI
helps ensure that First Data can offer the most innovative and flexible
services, with market-leading performance and service levels. This new
agreement allows First Data to cost-effectively develop new products
and drive infrastructural efficiencies, creating services that are even
more competitive.
"We are committed to offering the best payment processing services in
the world and partners like ACI help make it happen," stated Kevin
Kern, Executive Vice President and Chief Technology Officer for First
Data. "We're excited about this new relationship, and expect to work
closely with ACI to drive innovation and efficiencies across our global
infrastructure."
Ralph Dangelmaier, president of global markets and services at ACI
Worldwide says, "We're pleased that First Data has demonstrated its
commitment to our relationship with this new global agreement. We've
been strong partners in the past, and we now have a platform for an
even stronger partnership in the future. It's important to us that
First Data derives as much value as possible from our solutions and
services and we look forward to working together to achieve this goal."



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