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| Saturday, May 11, 06:44:54pm | [ Login ] [ Contact Forum Admin ] [ Main index ] [ Post a new message ] [ Search | Check update time | Archives: 1, 2, 3, 4, 5, 6, 7, 8, [9], 10 ] |
| Subject: JCB Co. Ltd., Japan’s leading credit card issuer.test a smart card (KYC factoring in some PWI with it) | |
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Author: pay at the end of the month for subway rides.( 2003-02-21 ) |
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Date Posted: Monday, February 24, 09:19:46am In reply to: Julie Kreuger 's message, "Re: JCB important strategically in estimation for ERG/Proton." on Sunday, February 23, 04:56:17am JCB Tests Ride-Now-Pay-Later Smart Card JCB Co. Ltd., Japan’s leading credit card issuer, announced this week it will test a smart card that allows commuters to pay at the end of the month for subway rides. The contactless chip card, which travelers wave in the vicinity of turnstiles to record each trip, will be issued to about 1,000 individuals for use on the subway in Sapporo, Japan. At the end of the month, charges are totaled and billed to the commuter’s credit card or bank account. Postpayment allows transit operators to offer discounts based on an individual’s monthly travel, such as offering a price break for frequent travel or for riding during off-peak hours. The trial is being sponsored by Japan’s Ministry of Land, Infrastructure and Transport. ( 2003-02-21 ) [ Next Thread | Previous Thread | Next Message | Previous Message ] |