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Industry News - February 20th, 2009



Canada Post Selects Epson for 7000-Unit POS Printer Rollout

Canada Post selects Epson's TM-T88IV thermal POS printers with high-speed USB for a nationwide, 7000-unit rollout. The rollout began in July 2008 and is expected to continue throughout 2010. The product is being distributed through BlueStar Canada.

The TM-T88IV features spill resistance and drop-in paper loading. The TM-T88IV also features a small footprint and the same dimensions as the TM-T88III for drop-in replacement.

In addition, the TM-T88IV can be placed either on the countertop or wall using an optional wall-hanging bracket. The TM-T88IV offers flexible interface options, including high-speed USB, serial, parallel, Ethernet and wireless.


Tickets.com Adds Fraud Protection Software

Tickets.com adds Interceptas from Accertify as its credit card fraud prevention software. Accertify's front-end screening features help tickets.com identify suspicious orders and spend less time validating legitimate orders.

Its features and functionality also reduce manual reviews. Retailers become less dependent on internal IT resources and gain control over their fraud prevention efforts so they can modify and implement new rules, strategies and tools.

"Tickets.com chose to work with Accertify because of its proven track record in fraud prevention," says Danielle Nagao, director of financial operations, Tickets.com. "They are the experts in combating online fraud in the event ticketing industry, providing a comprehensive and flexible platform that is best-in-class."


65 Retail Stores Close in Reno

Sixty-five local businesses closed their doors in the Reno-Sparks area last year. Among them, three ice cream shops, 12 restaurants, a movie theater and a grocery store.

A new retail report by Colliers International shows a local store vacancy rate of about 14 percent.
The Colliers report also predicts that the retail rent prices in the area will go down about 20 percent in the next year, even in prime store front locations.

Nationwide, 150,000 stores closed last year, helping lead to more than two million jobs lost. According to the Colliers report, economic forecasters are predicting another 200,000 store closures in 2009, including between 2,000 and 3,000 shopping malls.


True Religion Apparel Selects Oracle E-Business Suite

True Religion Apparel selects the Oracle E-Business Suite Release 12 to help streamline its supply chain and financial operations and support the company's long-term growth.
True Religion deployed an Oracle Accelerate solution, a pre-packaged application bundle designed for midsize companies. The solution was supplied by DAZ Systems, a Certified Advantage Partner in the Oracle PartnerNetwork, which also provided implementation services and apparel related extensions.

For True Religion, the Oracle E-Business Suite implementation is part of a broader strategic initiative in which True Religion intends to expand upon its product collections and improve inventory management to meet the growing international consumer demand for its American-made, vintage style jeans and related sportswear products.

"As a rapidly-growing midsize business, we selected the Oracle E-Business Suite Release 12 because it has the flexibility and capabilities we need to support our future growth," says John Dohm, vice president, True Religion Apparel. "To benefit from our investment quickly and gain access to industry-specific functionality, we chose to use an Oracle Accelerate solution from DAZ Systems, which will enable us to more easily and cost-effectively deploy the applications."


ShopVisible Integrates Amazon Payments into Business Management Tools

ShopVisible integrates Amazon Payments into its suite of business management tools designed for online retailers. This enhancement to ShopVisible's e-commerce tool helps online retailers convert site visitors into buyers by providing a fast and secure method for consumers to pay for purchases using their existing Amazon.com accounts.

When customers are ready to checkout at a Web site powered by ShopVisible, they can click on the "Checkout with Amazon" button and enter their Amazon.com information. Customers will easily access their account, including their address book and payment information from Amazon.com to complete their purchase.

ShopVisible's Amazon Payments Integration Helps Retailers:

-Improve Conversion Rates. For Amazon.com account users, the Amazon Payments checkout process makes purchasing from your site easy, fast and secure.

-Boost Customer Confidence. Display the "Checkout with Amazon" button on your site to give shoppers comfort in a familiar payment method.

-Reduce Bad Debt. Amazon Payments leverages Amazon's fraud detection capabilities, chargeback controls, and risk management techniques to reduce bad debt.

-Stay Up to Date. Order details seamlessly pass between systems. Orders processed through Amazon Payments are delivered automatically to your order reports.


Merchant Warehouse Releases BINSmart Cost Manager

Merchant Warehouse unveils a new version of its BINSmart Cost Manager. Once a card is swiped, BINSmart Cost Manager evaluates whether it is a debit, credit or corporate card, then it calculates the estimated lowest cost processing method and prompts for the best method to run that sale.

Features of BINSmart Cost Manager:

-Recognizes the difference between a credit card, debit card or corporate card to estimate lowest processing costs

-Automatically prompts for PIN or signature when a debit card is used, whichever is estimated to be the lowest processing cost for merchants

-Reduces consumer 'charge-back' disputes/costs

- Enhances fraud protection with prompt-driven PIN-debit transactions

- Prompts for entry of additional corporate card information to avoid downgrades

- Minimal set-up with the solution fully installed in the credit card terminal

-Completion verification of daily close-out procedures to avoid downgrades

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