Tuesday, July 9, 2013

Allied Wallet Becomes a MasterCard Acquirer and Principal Member

Allied Wallet, a global leader in online credit card processing, multi-currency merchant services, state-of-the-art payment processing, digital eWallet solutions, software development, and a PCI Level 1 payment gateway, has recently been deemed a Principal Member of MasterCard.

Effective as of June 13, 2013, Allied Wallet is an official member of MasterCard as an acquirer. Allied Wallet has been given its own MasterCard BIN, Bank Identification Number. With this BIN, Allied Wallet will be able to assign MIDs, Merchant Identification Numbers, to merchants at even lower discount rates.

This simplifies the processes of opening an account and accepting credit cards with Allied Wallet and enables merchants to see live processing in as little as 12 hours.

Merchant and customer transactions will all be monitored and protected under Allied Wallet's in-house, PCI Level 1 Security. This ensures merchants and consumers fraud protection in all payments. All transactions are kept under persistent monitoring and are run through a proprietary Fraud Scrub System to protect merchants.

"What we do at Allied Wallet is very unique because no one provides a service with the quality that we do," says CEO Andy Khawaja, "and this new MasterCard membership will give us the opportunity to serve our current and potential merchants in even better ways."

As a new Principal Member of MasterCard, Allied Wallet will continue to serve over 60 million users from all over the world by providing safer, all-inclusive solutions for credit card processing and payment services at lower rates.

With a new initiative to help people bring their web-business ideas to life, this INC 500 company plans to help merchants of all sizes become profitable with their credit card processing solution and e-commerce partners.

About Allied Wallet:

Allied Wallet continues to revolutionize the e-commerce industry by introducing new and innovative payment processing solutions for online merchants, enabling them to send and receive international payments. With PCI compliant merchant services for nearly any business size, Allied Wallet provides a state-of-the-art payment gateway to optimize online transactions for any company. Allied Wallet continually develops software to integrate with every e-commerce solution in the world. Visit www.alliedwallet.com for more information.


Read more about Allied Wallet Becomes a MasterCard Acquirer and Principal Member - BWWGeeksWorld by geeks.broadwayworld.com

Thursday, July 4, 2013

You can now donate to WikiLeaks with your credit card via Iceland

Credit-CardProcessing.com  On Wednesday, WikiLeaks announced that Valitor, its payment processor in Iceland, has resumed accepting credit card-based donations for the famed leaking site.

Back in April 2013, the Icelandic Supreme Court upheld a lower court ruling finding that Valitor (formerly VISA Iceland) had illegally terminated a contract with DataCell, WikiLeaks’ Icelandic Web host, thereby stopping the processing of donations to the embattled site.

In a statement, WikiLeaks wrote that “MasterCard made clear to Valitor that it no longer desires to blockade WikiLeaks. Visa has not responded.” The group went on to explain its estimated loss from Valitor's earlier termination:

“The Supreme Court decision in Iceland was in favor of WikiLeaks and DataCell, but it did not include damages—deemed a separate issue under Icelandic law. A court claim for compensation is currently being prepared. Damages are estimated at 9 billion Icelandic Kronas (€55.9 million or $72.7 million).”

Even though WikiLeaks claims it has been under blockade, it was never impossible to donate to the embattled group. Less than a week after the Icelandic district court’s ruling in July 2012, WikiLeaks opened up a donations avenue through a French bank. And a new group, the Freedom of the Press Foundation, set up an online means to donate to Assange’s initiative by December 2012.

On its website, WikiLeaks also lists a myriad of other ways that people can donate, including sending direct bank transfers to various accounts in Iceland and Australia. The Wau Holland Foundation, a German group named after the founder of the Chaos Computer Club, has been WikiLeaks’ primary receiving entity in Germany, for example.

source: http://arstechnica.com/tech-policy/2013/07/you-can-now-donate-to-wikileaks-with-your-credit-card-via-iceland/

Monday, July 1, 2013

Virtual Merchant OUR 2013 TOP 5 CREDIT CARD PROCESSING PICKS

OUR 2013 TOP 5 CREDIT CARD PROCESSING PICKS
Editor's Rating:

9.8 / 10 Call for FREE Quote:
8​6​6​-​8​0​7​-​9​8​2​9​
Our Review
More than 115,000 business owners rely on the credit card processing services of Merchant Warehouse. The company was founded in 1998, with the basic premise that a business should have access to credit card machines and merchant accounts at affordable prices. Merchant Warehouse has an A+ rating with the Better Business Bureau...Read Full Review
VISIT WEBSITE
TRANSACTION RATES
Risk Accepted
All are Eligible
Setup Fee
FREE
Contract
Month to Month
Cancel Fee
None
Retail
0.39%-1.69%
Internet
0.39%-2.09%
Per Transaction
$0.19 to $0.24
2Editor's Rating:

9.5 / 10 Call for FREE Quote:
8​5​5​-​8​7​0​-​0​6​6​2​
Our Review
Evolution Bankcard is a leading credit card processor offering competitive rates for all business types—from brick and mortar to ecommerce to merchants on the go processing with smartphones. Founded in 2005, Evolution has become one of the strongest branches of its parent company, EVO Merchant Services, which processes 400 million transactions annually for more than 300,000 businesses, conducting $32 billion in volume. The company boasts an A+ Accredited Business rating from the Better Business Bureau and processes payments for... Read Full Review
VISIT WEBSITE
TRANSACTION RATES
Risk Accepted
All are Eligible
Setup Fee
FREE
Contract
Month to Month
Cancel Fee
None
Retail
0.25%-1.40%
Internet
0.45%-1.69%
Per Transaction
$0.10
3Editor's Rating:

9.0 / 10 Call for FREE Quote:
8​6​6​-​9​9​9​-​5​0​3​6​
Our Review
Rated A+ by the Better Business Bureau, National Bankcard is a leading provider of credit card processing services in the US – allowing business owners to accept credit and debit card payments from their customers. National Bankcard services a wide range of industries, from retail to restaurants, wireless, medical, hospitality and online businesses...Read Full Review
VISIT WEBSITE
TRANSACTION RATES
Risk Accepted
All are Eligible
Setup Fee
FREE
Contract
Month to Month
Cancel Fee
None
Retail
0.39%-1.58%
Internet
1.99%
Per Transaction
$0.19 to $0.21
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4Editor's Rating:

8.0 / 10 Call for FREE Quote:
8​6​6​-​9​7​8​-​9​2​3​0​
Our Review
Since 1998, Transfirst has been helping businesses accept credit cards from their customers. Not only does Transfirst have an A+ rating from The Better Business Bureau for trust and customer service, but they also offer a 30 day risk-free trial. Whether you are looking to process credit cards online, use a wireless device, a point of sale terminal, computer software or a phone – Transfirst has credit card processing solutions to meet your needs...Read Full Review
VISIT WEBSITE
TRANSACTION RATES
Risk Accepted
All are Eligible
Setup Fee
FREE
Contract
Varies
Cancel Fee
Varies
Retail
0.38%-1.69%
Internet
0.38%-2.02%
Per Transaction
$0.20
5Editor's Rating:

8.0 / 10 Call for FREE Quote:
8​6​6​-​7​2​9​-​0​8​5​6​
Our Review
Chase Paymentech is a global credit card processing company catering to business of all sizes. A well-known and trusted service provider in the credit card industry, Chase developed its Paymentech services in 1985 and promotes its advocacy of merchants. The company is based in Dallas, TX...Read Full Review
VISIT WEBSITE
TRANSACTION RATES
Risk Accepted
All are Eligible
Setup Fee
FREE
Contract
Varies
Cancel Fee
Varies
Retail
Starts at 0.79%
Internet
Starts at 2.19%
Per Transaction
$0.24