The Zacks Analyst Blog Highlights: Visa, Liberty Interactive, Amazon.com, HSN and ValueVision

For Immediate Release

Chicago, IL June 7, 2013 Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include Visa Inc. (V), Liberty Interactive Corp. (LINTA), Amazon.com Inc. (AMZN), HSN Inc. (HSNI) and ValueVision Media Inc. (VVTV).

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Here are highlights from Thursdays Analyst Blog:

Visa Inks Deal with mPOS Providers

To expand its payment operations, Visa Inc. (V) joined hands with three leading mobile point-of-sale (:mPOS) providers viz. iZettle, SumUp and Swiff. The deal is aimed at deploying secure mobile acceptance terminals across various locations to realize the transition of payments from paper to electronic mode. Furthermore the company approved Anywhere Commerce and Miura Systems to process Visa payments.

This alliance will allow merchants to accept Visa payments through mobile technology. As per the deal, to get their mobile hardware and software verified, iZettle, SumUp and Swiff will participate in the Visa Ready Program. The Visa Ready Program aims at merging Visa with the mPOS providers to offer merchants and consumers with a convenient yet safe payment option.

The deal will allow iZettle, SumUp and Swiff to access Visas best practices, APIs (Application Program Interfaces) and SDKs (Software Design Kits). These would include tools, direct connection to Visa, value-added services and Visa Ready symbol.

As per the agreement the mPOS providers can access reference applications and tools to facilitate the ongoing development of magnetic stripe, EMV-chip (contact and contactless), and mobile acceptance solutions. To simplify the processing of the EMV-chip transactions, they will be connected to Visa in some countries with the help of Visa POS Solutions platform or payment gateways like CyberSource and Authorize.Net.

In addition, the companies might also be exposed to Visas value-added services, like instant redemption of special offers at the point-of sale. Additionally, on approval by Visa, iZettle, SumUp and Swiff will be permitted to use the Visa Ready symbol to endorse their devices. Anywhere Commerce and Miura Systems are already permitted to use the symbol to market their Visa approved devices.

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The Zacks Analyst Blog Highlights: Visa, Liberty Interactive, Amazon.com, HSN and ValueVision

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