| New mobile payment service eschews cash and checks for phones
Mpayy Inc., an online and mobile payment processing company, will launch tomorrow a service that enables merchants and shoppers to conduct retail transactions using mobile phones and online payment accounts. Shoppers can use the Mpayy service with roving salespersons or on retail web sites. Merchants set up accounts on Mpayy.com to establish a mobile payment system. Mobile merchantsMpayy is not yet targeting bricks-and-mortar retailerscan access reports on sales, send funds to desired banks, manage refunds and perform other tasks through a web-enabled administrative application. Shoppers set up accounts on the Mpayy site, entering their mobile phone number, account nickname, and checking account information. To conduct a transaction with a roving merchantan Avon lady, for examplea shopper logs in to Mpayys mobile web site and enters the merchants mobile phone number or nickname, enters the amount of the purchase, and submits the information, which brings up a transaction confirmation page with a Pay button to complete the purchase.
Traverse Global Communications Corp Announces Partnership with Wells ...
Traverse Global Communications Corp is now an authorized private label reseller for Wells Fargo and Authorize.Net merchant account services to provide online real time e-commerce transactions. (PRWEB) October 11, 2005 -- Traverse Global Communications Corp has agreed to exclusively offer Wells Fargo merchant accounts and Authorize.Net transaction processing services to it's client base. By offering private label merchant accounts through it's Credit Plus (http://www.creditplus.net/) subsidiary, Traverse Global will be able to leverage the depth of quality services that their new partners offer to their existing client base. For just $29.95/mo, clients of Traverse Global will be able to process credit cards in real time through their own website and receive free web hosting along with a free shopping cart to conveniently process their orders.
Bahrain launches debit card payment for eGovernment services
Previously, only credit card users could make payments online for services such as traffic fines, electricity and water bill payments etc. Over 70% residents of Bahrain will now be able to pay the fees for services available on the eGovernment portal - www.e.gov.bh. This facility is available, at no additional cost, to the users. An agreement to enable the debit card payment facility has been signed between the Ministry of Finance and Ahli United Bank which would be using the Benefit system. This is in continuation with the progressive leadership of Ministry of Finance to leverage the latest developments in Information Technology for the benefit of the Kingdom. In January 2007, the ministry celebrated ten years of introduction of the Financial Management Information System (FMIS) that enables the government organizations in maintaining their accounts efficiently.
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