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WHAT IS CARDFLASH INTERNATIONAL?

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CARDFLASH® International is a news service for payment card industry professionals. Each day CardFlash® International covers at breaking news stories impacting the international payment card industry. The coverage includes new products and services, quarterly financials on industry players, monthly management benchmarks, mergers and acquisitions, legislative updates, strategic alliances and partnerships, legal issues, management changes and much more. Service is geared towards credit and debit card issuers, smart card and phone card providers, processors, acquirers, transaction and management software producers, transaction terminal suppliers, merchant banks, e-commerce firms or any executive with involvement in the payment card business. A summary of each weeks's stories is transmitted by email week. CardFlash® International subscribers have online access to the current day's news plus all archived news.

= subscription required Week Of August 27, 2010
MBNA Ireland has seen a surge in applications for it's new Platinum credit card and it's no surprise when you look at the marketplace. As a result, 0% and low interest rate deals have become rare spectacles for the credit card user. (IRELAND) Hypercom Corporation announced that Banco Nacional de Costa Rica (BNCR) will deploy more than 13,000 Hypercom Optimum countertop and mobile payment terminals to merchants. The four-year roll out includes the countertop T4210 (dial) and T4220 (Ethernet with dial) and mobile M4230 GPRS, M4240 Bluetooth and palm-sized M4100 Blade. (COSTA RICA)
VersaPay Corporation, merchant credit, debit, gift and loyalty card payment processing and electronic funds transfer solutions has granted an aggregate of 550,000 stock options to Bill McGill in connection with his recent confirmation as CEO and appointment to the Company's board of directors, as well as certain other employees of the Company, pursuant to VersaPay's employee stock option plan. (CANADA) MoneyGram International is donating to relief efforts for the devastation caused by flooding in Pakistan with a portion of its send fee from every money transfer sent to the Country from participating countries. Beginning August 20th through September 20, $3 USD from each transaction made to Pakistan will be donated to the American Red Cross to support relief efforts in Pakistan. (PAKISTAN)
RK Hammer