Card Briefs: Verifone in Gift Claims, Check Authorizing

Verifone Inc. has introduced electronic gift certificates and check authorization services as part of its Integrated Payment Solutions framework.

Based on Internet technology, the framework enables retailers to easily add and deliver new payment applications.

Integrated Payment Solutions "bridges the virtual and physical worlds for the retailer" without additional computer systems, said Betty Kolanczyk, director of retail/financial processing markets for Verifone.

PreNet Corp., an electronic cash card issuer, is installing IPS and introducing a debit card that can be used instead of a credit card for Internet purchases.

For reprint and licensing requests for this article, click here.
MORE FROM AMERICAN BANKER