Weighing in on Mobile Payments

I am an information junkie. I sign up for a multitude of e-newsletters. I set up Google Alerts for topics that are important to me, watch Twitter trends and follow thought leaders on social media. Each morning, I sift through the information to find the day’s gold nugget. Here’s what I learned from my inbox this morning:

  • 57% of U.S retailers are preparing or already have a mobile commerce strategy.*
  • Mobile commerce will generate $6 billion in sales this year and is expected to double in 2012.
  • “Life is luck, make it.” –Mother Teresa

Mobile commerce is here to stay. As you develop your strategy, I offer food for thought:

Vantiv Launches New Direct API Offering Fast, Secure and Flexible Integrations

CINCINNATI, Aug. 29, 2011 /PRNewswire/ — Vantiv, LLC (formerly, Fifth Third Processing Solutions), is pleased to announce the availability of the Vantiv Direct API. This simplified interfacing routine and logic is designed to expedite development onto the robust functionality of the Vantiv processing platforms.

The Vantiv Direct API offers ease of integration for large merchants, vendors and third parties, while shortening the certification cycle. Using the Direct API, Vantiv business partners can reduce integration times by 50% or more, while gaining a deeper integration conduit. This powerful API allows integrators to connect to a choice of Vantiv processing platforms and supports multiple settlement options for a wide array of tender choices.

TrustCommerce Welcomes New Partner, JayStar Group, Inc.

IRVINE, California, August 23, 2011 — TrustCommerce, provider of comprehensive payment processing and risk management solutions, has recently partnered with JayStar Group, the leader in union back office solutions. JayStar Group provides unions with a comprehensive suite of practical, proven solutions to meet the daily challenges of their information systems requirements. JayStar Group recently launched its new PayMyUnionDues.com website, which utilizes TrustCommerce technologies and solutions.

Serving labor organizations of all sizes, the JayStar Group’s web-based system can process dues and virtually any other typical union payments by individual members or by designated proxies. It includes these features and more:

TrustCommerce Partners with Solupay

IRVINE, California, August 5, 2011 — TrustCommerce, provider of comprehensive payment processing and risk management solutions, now integrates with Solupay, national and mid-market credit card processing services provider.

Solupay specializes in electronic payment processing, including credit /debit card acceptance, custom gift card programs, ACH/EFT and Electronic Check Conversion processing. Providing a full suite of payment service options to businesses throughout the United States, Solupay offers PCI DSS compliant solutions through partnerships with leading business management software providers. Solupay’s processing platform allows for easy integration and supports credit and debit card, ACH and check solutions.