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Industry


engaging. Fiserv stated the addition of a progress bar, NRF seeks ruling from appeals court
tutorial elements and a gradual introduction of more
advanced capabilities will boost adoption and use of On Jan. 17, 2014, the National Retail Federation asked a
electronic bill payments among online banking users. three-judge panel of the U.S. Circuit Court of Appeals
in Washington, D.C., to uphold a ruling made by U.S.
Bitcoin wallet provider adds directory District Court Judge Richard Leon in July 2013 that the
Federal Reserve set its cap on debit card swipe fees far
Bitcoin mobile wallet specialist KryptoKit unveiled the higher than intended by Congress when it promulgated
KryptoDirectory, which compiles a list of online retail- the debit card interchange fee reform imposed by the
ers and vendors that accept bitcoin as an alternative Durbin Amendment to the Dodd-Frank Act of 2010. The
form of payment. NRF believes the cap needs to be recalculated so that the
fees merchants pay to accept debit cards are reduced.
"As Bitcoin becomes more universally known and
accepted as currency, we saw a clear need to have a Paydiant patent mobile ATM transaction process
single, clean and easy to use resource for finding busi- Mobile payment firm Paydiant Inc. was granted a new
nesses that welcome cryptocurrency," said Anthony Di patent from the U.S Patent and Trademark Office that
Iorio, KryptoKit co-founder. enables consumers to use smartphones to withdraw
MediSwipe to expand medical cannabis operations cash from ATMs. Paydiant said the patent covers the
way an ATM code or token is obtained by a mobile
With recreational marijuana use now legal in Colorado device and used to associate an end-user and their pay-
and Washington State, medicinal marijuana payment ment accounts to a transaction at an ATM.
provider MediSwipe Inc. is gearing up to expand its
operations in both states. The company reported it will paysafecard augments reality with app
be receiving approximately $1,100,000 from a Chicago- Prepaid voucher firm paysafecard group redesigned its
based private equity firm over the next six months. mobile app to include an "Augmented Reality" feature,
called 360° paysafecard. The feature enables smart-
device users to locate paysafecard-accepting sales out-
lets closest to their current GPS locations. The app also
informs paysafecard users of news, promotions and
competitions.

Swipely adds 'menu intelligence' to app
Big data provider Swipely Inc. unveiled its "Winter '14"
cloud-based software release designed to give its hos-
pitality sector customers insights into menus, staff and
customers. "We can tell which menu item brings cus-
tomers back, which server does the best job selling wine
and which dishes are the favorites of your most valu-
able customers," said Angus Davis, Swipely founder
and Chief Executive Officer.

3dcart upgrades shopping cart
Hosted e-commerce software provider 3dcart released
version 6.1 of its shopping cart solution. The new ver-
sion offers integrations to Amazon Inc. advertisements,
as well as eBay Inc. and Intuit Inc. QuickBooks connec-
tions directly inside its online store manager. 3dcart
6.1 also features 20 new web templates and three new
payment options.

TSYS to release account control product
Total System Services Inc. said it plans to release the
TSYS Authorization Controls, which will allow card-
holders to turn accounts on or off from various mobile
devices. The product is designed to enable consumers to
temporarily disable accounts to prevent unauthorized
account use and set single-use and recurrent payments
authorizations.
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