| Traverse Global Communications Corp Announces Partnership with Wells ...
Traverse Global Communications Corp is now an authorized private label reseller for Wells Fargo and Authorize.Net merchant account services to provide online real time e-commerce transactions. (PRWEB) October 11, 2005 -- Traverse Global Communications Corp has agreed to exclusively offer Wells Fargo merchant accounts and Authorize.Net transaction processing services to it's client base. By offering private label merchant accounts through it's Credit Plus (http://www.creditplus.net/) subsidiary, Traverse Global will be able to leverage the depth of quality services that their new partners offer to their existing client base. For just $29.95/mo, clients of Traverse Global will be able to process credit cards in real time through their own website and receive free web hosting along with a free shopping cart to conveniently process their orders.
Cards: Opportunities Abound In Crowded Payments Field
In the course of a decade, card-based payments have doubled in volume to account for 28 percent of all consumer payments. It's nearly half of the payments pie when excluding the amount spent on auto loans, mortgages and other debt vehicles unsuitable for cards. Credit or debit card use at the point of sale represents 56 percent of all purchases, interchange now accounts for 19 percent of issuers' revenues, and the number of card-accepting merchants now tops 6.1 million. It's obvious that consumers are comfortable swiping cards for groceries, utility bills, morning coffee and hamburgers. But as Celent notes in a new report on payment trends, cards are not close to conquering cash and checks: cards' growth market is $4.5 trillion. Much of that growth is going to be fueled by evolving trends in consumer behavior, added merchant choices and technology, as bank issuers seek innovative ways of building and retaining card customers whose average cost of acquisition is between $50 and $300.
Pregame show
He also has served as coordinator of the college's writing program; director of the honors program; and editor of The Sextant, a publication of faculty research. His collection of short stories, "Off in Zimbabwe," won the prize for fiction from the Association of Writers and Writing Programs. IN LOCAL GALLERIES: Zumi's Expresso & Ice Cream in Ipswich marks its fifth anniversary with a show of new paintings by Julia Purinton, opening tomorrow and running through February. The large-scale paintings celebrate the beauty and transience of the natural world, and reflect the artist's interest in mood and memory. Since its opening, Zumi's has offered exhibition space in the café to local artists. "Nara to Nantucket," an exhibit of photographs by Steve Fulghum, opens at the Marblehead Arts Association from 2 to 4 p.m.
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