Contactless Smart Cards, RFID, Payment, Transit and Security

Colorado bank offers Bling payments network

Monday, June 22, 2009

Bling Nation, a Palo Alto, Calif.-based local payments network provider for community banks nationwide, announced that The State Bank, La Junta, Colo., recently went live with Bling’s Community Payments Service, a contactless payments network that enables banks and merchants to avoid global network costs through a secure local debit network.

The State Bank, which is supported by Integrated Bank Technology’s banking software, is offering the Community Payments Service to local merchants and its almost 5,000 customers. Using Bling, merchants no longer are faced with expensive interchange fees and can offer customizable rewards programs to customers.

Bling Nation’s core technology is an integrated issuing and acquiring platform designed specifically for local and regional banks. Through its Community Payments Service, Bling Nation enables financial institutions to support payments between their local demand deposit account customers and their merchant customers. [end] 

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