IP Pay provides simple and integrated solutions that extend the life of "Card-not-Present" recurring telecom, utility, and internet commerce payments. Fast, Smart and Easy, IP Pay’s platform provides simple implementation and seamless integration that allows merchants to benefit without negative impact to their customers or disruption of services.

IP Pay Account Tokenizer removes the liability and burden of managing sensitive cardholder information by outsourcing it to IP Pay's secure payment cloud.

IP Pay Account Updater automatically updates “card-on-file” account changes from lost, stolen or reissued cards, to ensure uninterrupted recurring payments.

IP Pay Account Continuator allows for the successfuly processing of expired cards on recurring payment transactions.

IP Pay Account Economizer uses “specialized” market interchange categories to eliminate the "High-Risk Surcharges” levied on traditional e-commerce and card-not-present transactions.

The IP Pay Platform extends the life of recurring payment arrangements by helping secure ongoing, revenue-generating relationships, all while locking in revenue, reducing processing costs, maintaining service continuity and strengthening cardholder satisfaction.

Target Credit Card Breach

As you are aware, the Target Stores experienced a major breach in their card capture system resulting in 40 million card numbers being exposed to fraudulent use. Until these cards can be replaced by the issuing banks, all merchants will be exposed to potentially bogus sales.

PCI Level 1 Certification for Clearing & Settlement, Payment Gateway/Switch and Payment Processing Revalidated for 2013

Good morning, team:

Some happy news to start your Wednesday—We’ve received confirmation that Visa has revalidated Convergence as PCI DSS-compliant! The text of the email is below.


Square slapped with Cease and Desist by the Illinois State Department of Financial Regulation

Mobile payments company Square just received a cease and desist order from the Illinois Department of Financial & Professional Regulation. A copy of the order can be found here.

Visa Surcharging Notice

In November 2012, the United States District Court for the Eastern District of New York preliminarily approved a proposed settlement agreement in the In re Payment Card Interchange Fee and Merchant Discount Antitrust Litigation.


-----Original Message-----
From: Kristina Harris
Sent: Monday, July 12, 2010 11:30 AM
To: Matt Miller
Subject: RE: [GBIS-MANAGERS #3978] RE: FW: Great Basin--integration PHP/Perl (fwd)

Dude, oh my GOD. I am SO unbelievably thrilled with you guys, it's not even funny. You should hear me raving about you.

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