Chip Card Certified By MC and Visa

Jalili, H. Michael
May 2007
American Banker;5/16/2007, Vol. 172 Issue 94, p11
Trade Publication
The article discusses the development of a contactless payment card. According to the author, semiconductor company STMicroelectronics NV and software company On Track Innovations Ltd. have developed the first contactless payment card certified for use with both Mastercard Inc.'s Paypass and Visa U.S.A Inc.'s PayWave cards using a single chip.


Related Articles

  • Next Frontier for Mobile Services: Integration. Bills, Steve // American Banker;7/26/2007, Vol. 172 Issue 143, p18 

    The article discusses the integration of mobile banking and payment systems. Banking company Wells Fargo and Co. offers a service that allows money transfers and account access through mobile phone Internet browsers. Wells Fargo will team with credit card company Visa U.S.A. to offer cellular...

  • Plastic Preference on Rise for Small Transactions.  // Chain Store Age;Oct2006, Vol. 82 Issue 10, p127 

    The article discusses a report released by Visa USA Inc. in 2006 concerning the use by U.S. consumers of the cashless payment scheme for small transactions. The report indicated that there was a 17% increase in purchases made with Visa products for transactions under $25 during the first half of...

  • VISA APPROVES CONTACTLESS TECHNOLOGY.  // CardLine;2005, Vol. 5 Issue 42, pN.PAG 

    This article reports on technology approved by Visa from two companies for use in contactless payment cards in the U.S., as of October 2005. Switzerland-based STMicroelctronics won approval for its ST19WR02 microcontroller, the smart card chip. Israel-based On Track Innovations won approval for...

  • BRIEFS.  // CardLine;12/22/2006, Vol. 6 Issue 51, p33 

    The article presents news briefs on the credit-card industry. On Track Innovations Ltd. has sold more than 20 million contactless cards and tokens and distributed more than 130,000 contactless readers since the company began in 1990. First Data Corp. renewed its agreement to process...

  • More Than 1 Million Chip Cards Issued, Visa Says. Morrison, David // Credit Union Times;2/15/2012, Vol. 23 Issue 6, p8 

    The article reports that financial institutions in the U.S, have issued over a million computer-chip embedded credit and debit cards manufactured by Visa USA Inc. INSET: The Rundown.

  • Brands Jump at Opportunity By Launching Reload Services.  // Cards & Payments;Feb2007, Vol. 20 Issue 2, p10 

    The article reports on effort of several credit card companies in the U.S. in joining the prepaid card reloading service bandwagon. Visa USA Inc. and MasterCard Inc. has announced the launching of their first merchant partners for their prepaid card reloading networks. Also, Discover Card...

  • Landing the Unbanked With Lure Aiming to Build Credit. Conrad, Lee // U.S. Banker;Apr2007, Vol. 117 Issue 4, p46 

    The article reports a growth in the banking services to the unbanked, including low income people and immigrants, started by many banks. The banks are reaching out to people who have not established banking relationships and offering banking services through prepaid cards. It is discussed that...

  • Visa, MC Pitch to Rich But Not Centurion Level. Jalili, H. Michael // American Banker;6/20/2007, Vol. 172 Issue 118, p7 

    This article reports in recent months Visa U.S.A. Inc. and MasterCard Inc. have refined their products for the wealthy. But executives of the two companies said they do not plan to develop products to challenge American Express Co.'s elite Centurion Card. James McCarthy and Jeff Portelli both...

  • POINTS OF VIEW. Chavez, Eileen; Loomis, Wendy // Consumer Reports;Sep2008, Vol. 73 Issue 9, p10 

    Two letters to the editor are presented in response to the article "Points Mania" from the July, 2008 issue.


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics