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| Subject: Re: Jan 24 2003 :American Banker | |
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Author: has been validated Hong Kong’s Octopus multi-function card. |
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Date Posted: 13:49:34 01/31/03 Fri In reply to: IP (intellectual property)CEO Armand LinkensOctopus’s plans 's message, "Re: Octopus card uses proprietary technology" on 01:07:21 01/30/03 Thu http://www.voy.com/128504/2/705.html ------------------------------------------------------------ Jan 24 2003 :American Banker ------------------------------------------------------------ Contactless cards could [also] be poised for big growth in payment cards, as both Visa and MasterCard move aggressively early this year to offer their member banks contactless products”, Card Technology indicates. Visa, for one, sees fast-food restaurants as an optimal environment for contactless card use, according to Denny Jensen, of VisaSmart chip implementations. ----------------------------------------------------------- Visa cards with a contactless interface would similarly enable commuters to pay transit fares in cities where transit agencies accept contactless chip cards, the business case for which has been validated by Hong Kong’s Octopus multi-function card. [ Next Thread | Previous Thread | Next Message | Previous Message ] |