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German Court Fines Lycatel for Infringing IDT Corp. Patent |
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IDT Corporation (NYSE: IDT; IDT.C) said today that a German court recently fined Lycatel (Ireland) Limited and its managing director 30,000 Euros each for violating the court’s injunction in a patent infringement case brought by Prepaid Cards BVBA, a Belgian affiliate of IDT. The District Court of Duesseldorf imposed the fines on November 17, 2008. The decision is subject to appeal. |
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Hypercom Receives Notice from the NYSE on Continued Listing Standard |
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Hypercom Corporation (NYSE: HYC) announced today that on December 31, 2008, it received a notice of non-compliance from NYSE Regulation advising that Hypercom has fallen below one of the New York Stock Exchange ("NYSE") continued listing standards regarding price criteria for its common stock as a result of the company's common stock having an average closing price of less than US$1.00 per share during a consecutive 30-trading-day period. |
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Prepaid Card Holdings, Inc. Will Not Pursue Proposed Stock Reversal |
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Prepaid Card Holdings, Inc. (Pink Sheets: PPDC - News) January 2, 2008 announced today that it will not pursue the 1 for 10 share stock reversal it proposed on December 5th 2008. The company currently has 403,903,870 shares outstanding of which 4,128,209 are free trading and 399,775,661 are currently restricted. |
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nFinanSe Launches Discover® Network Reloadable Prepaid Cards At Dollar General |
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nFinanSe (OTCBB:NFSE), a leading provider of stored value and prepaid card programs, announced today that the nFinanSe Discover® Network Reloadable Prepaid Card is now available at Dollar General, a leading discount retailer. |
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The Prepaid Visa(R) RushCard Reaches Milestone of $2 Billion in Cardholder Deposits |
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"I appreciate that RushCard serves the "forgotten public customer." Once you can't get a bank account, you're considered worthless. It was humiliating. RushCard really helped me out. Before I got mine, I'd have to give friends money and have them write checks to pay my bills, or have them call and make a phone payment. I'd also walk around with cash, sometimes as much as $1,000 in my pocket. Now I use my RushCard for everything... it's my primary bank card, even though I now have a bank account." --Dan Gonzales |
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Survey: Only About Half of Consumers Who Should Use Prepaid Phones Are Doing So Today, With 'Myths and Lack of Knowledge' Blocking Wider Acceptance |
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New Millennium Research Council Data Explores Impact of 10 Myths About Prepaid Phone Service; New Findings Come as Consumer Reports, TRAC Urge More Consumers to Consider Prepaid Amidst Recession Pressures on Family Budgets. While 29 million U.S. adults currently use prepaid/pay-by-the-minute prepaid cell phones today, a full 30 percent (including 25 million additional adults) appear to be good candidates for the less expensive cell phone service, according to a new Opinion Research Center (ORC) national opinion survey conducted for the New Millennium Research Council (NMRC) think tank. |
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Weak Economy Driving Prepaid Growth |
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Reuters is reporting that Leap and Boost are both seeing a large customer growth trend that is attributed to the current economic situation in the United States full article here |
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Vodafone introduces PayPal recharge option for prepaid phones |
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Vodafone is now giving its prepaid mobile customers the ability to recharge their credit from their handsets using PayPal.
The service provider claims it’s a first for Australia.
Vodafone customers can register for a PayPal account online and select from either direct debit or credit card payment. |
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Help U.S. Troops Abroad Call Home for the Holidays With Cell Phones for Soldiers |
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Cell Phones for Soldiers wants to provide free calling cards to all U.S. troops serving overseas this holiday season. To help realize that goal, the organization is launching a new online community that connects individual Americans with members of our Armed Forces. |
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