CUP ACCEPTANCE

China UnionPay has announced that the UnionPay card-accepting merchants and ATMs
in Korea have exceeded 10,000 and reached 11,000 respectively. From January
to July this year, the transaction amount via China UnionPay cards totaled 140
million Yuan in South Korea, more than twice the amount for the same period last
year. Moreover, the average daily transaction amount in July exceeded 100 million Korean
won (about 770,000 Yuan). China UnionPay card acceptance network in Korea has covered
most areas frequented by Chinese people such as duty-free stores and tourist group
purchase stores. There is also a “China UnionPay card barrier-free zone” in
Seoul’s Incheon International Airport and Jeju Island Road Central Trade Circle.

Details

WAVECOM & GEMALT

The Board of Directors of M2M communication provider
Wavecom unanimously considered the financial terms of
the Gemalto Offer are clearly insufficient and has determined that the
Offer is not in the best interest of Wavecom, its shareholders and
employees and therefore recommends that Wavecom security holders not
tender any of their securities to Gemalto. Based on the amount of cash outlay, after taking into account
Wavecom’s cash and tax assets, Gemalto’s effective purchase price would
be as low as EUR1.9 per Wavecom share. The total amount of cash outflow from the acquisition of the
shares and OCEANE (Convertible Bond) is estimated at EUR188.9 million.
Wavecom’s cash and cash equivalents as at September 30, 2008
(after payment of the 2008 OCEANE (Convertible Bond) coupon and cash
proceeds from the exercise of exercisable in-the-money dilutive
instruments) is estimated at approximately EUR126.9 million.
The impact of tax assets is estimated to amount up to EUR32.5 million and
effective purchase price for Gemalto would therefore be as
low as EUR1.9 per share. The basis for the Board’s
unanimous decision is set forth in Wavecom’s Schedule 14D-9 filed today
with the Securities and Exchange Commission. The Board also confirmed today that the M&A
sub-committee will immediately begin consideration of all
opportunities that could represent a greater industrial and financial
compatibility with the interests of Wavecom, its shareholders and
employees in mind.

Details

INTERMARCHE & WYMIX

Intermarche, one of France’s leading retailers with almost 1,500 retail outlets, has
installed and is successfully using Hypercom’s “Wymix PIN” pad with
contactless reader as part of the Payez Mobile trial for NFC payments in
two test sales outlets in Caen and Strasbourg. The Payez Mobile trial
was launched in November 2007 by seven major banks and three mobile
operators in France united in the Association Européenne Payez Mobile.
Already used at many thousands of points of sale throughout
France, the Wymix has recently been upgraded to support payment with
contactless cards or NFC-enabled phones.

Details

PBS & CUP

Danish merchants are now able to accept the Chinese payment card China
UnionPay, a Chinese counterpart to the Dankort. The agreement between
PBS and the China UnionPay card, which has more than 1.5 billion cards
in circulation, makes it even simpler for Chinese visitors to spend
money in Denmark. Denmark has become a popular destination for Chinese visitors: according to VisitDenmark, in 2007 approximately 25,000 Chinese visitors to Denmark made use of commercial accommodation, accounting for a combined tourism turnover of DKK 124 million. Almost one in two of all Chinese tourists stay at expensive 4?5 star hotels and contribute an average of DKK 2,387 each day. The World Tourism Organization predicts that the total number of Chinese
tourists will rise to 100?120 million by 2020.

Details

UICC CONFIGURATION

Global Platform has published “A Universal Integrated Circuit Card
(UICC) Configuration” which outlines a common and neutral environment to
facilitate the secure over-the-air delivery of new and creative mobile
services to consumers. EMVCo, the European Telecommunications Standards
Institute (ETSI), GSM Association, the Mobey Forum, mobile network
operators, payment systems
and public transport operators, have all provided valuable input into
GlobalPlatform’s “UICC Configuration”. The UICC Configuration is the
implementation guide for deploying
GlobalPlatform Card Specification v2.2 within the mobile services sector
and managing the secure delivery of over-the-air of new services. A key
feature of the “UICC Configuration”
is its flexibility, which enables the issuer to select the services to
be offered to third parties by personalization and ensures the
technology can support a diverse range of business models in various
ecosystems. Providing mobile operator and financial sector security,
this configuration also allows the actors involved in the delivery of a
mobile implementation to use their current application deployment scheme.

Details

Hypercom Revenues Soar 73% for 3Q/08

Hypercom third quarter revenues soared by 73% to $122 million,
compared to the year ago quarter. The growth was driven
primarily by the recently acquired Thales e-Transactions business and
strong organic sales growth in North America from countertop and
multi-lane products. The Company posted income before discontinued
operations of $1.0 million, compared to income before discontinued
operations of $0.4 million for 3Q/07. Hypercom’s “medCompact” recently
became the first healthcare terminal to receive e-Health BCS approval
from Gematik, the German healthcare organization. Hypercom’s “Wymix” PIN
pad received MasterCard “PayPass” certification. Hypercom also
introduced the PCI PED approved, 32-bit “Optimum T4205” card payment
terminal and announced a North American consortium of distributors to
market the entry-level device. The Company’s “Artema Modular” unattended
payment terminal with “MSC’s” PIN Pad API has received Interac
Association Chip 2.0 PED Device Certification for use within the Interac
Direct Payment (IDP) network. For complete details on Hypercom’s third
quarter results visit CardData ([www.carddata.com](http://www.carddata.com))

HYPERCOM REVENUE HISTORICAL
3Q/06: $56.7 million
4Q/06: $64.8 million
1Q/07: $64.8 million
2Q/07: $67.5 million
3Q/07: $70.8 million
4Q/07: $90.7 million
1Q/08: $71.7 million
2Q/08: $125.4 million
3Q/08: $122.2 million
Source: CardData (www.carddata.com)

Details

KSW EGO

RFID supplier KSW Microtec AG will launch of the “KSW eGO” contactless
transponder for merging long distance applications with proximity access
and security. This new product combines either ISO 15693 or ISO 14443 HF
with ISO 18000-6C UHF functionality and enables high UHF performance
even with the addition of a contact smart card module to the card.
Implementers of the eGO transponder will benefit from the convenience of
a single card-sized product, allowing access control systems to be both
simplified and upgraded to operate at higher speeds and greater
distances across a range of applications.

Details

2008 Holiday Shoppers Generous But Frugal

Market researcher Information Resources have released a new survey
“Rethinking Retail: Holiday Shopper Insights and Recommendations” that
indicates shoppers will open their wallets this holiday season due to
the increased importance of holiday rituals as they take comfort with
friends and family and noted that they plan to make better use of
merchandising and promotions to maintain appearances. Among the
principal findings of IRI’s new survey: 94% state spending time with
family is more important than last year; 80% plan a greater emphasis on
holiday meals and entertaining over last year; 74% state they plan to
give the same number or more gifts; 65% will focus more on religious
celebrations and 63% plan to buy as many or more expensive gifts
However, Roughly 74% of shoppers will take more advantage of in-store
promotions this year over last year, demonstrating shoppers’ desire to
preserve rituals but their attempt to do so more affordably, with 56%
planning to take advantage of sales or promotions seen on TV or heard on
the radio, 53% will use coupons in newspapers more and 43% will seek out
more “2 for 1” and similar promotions.

Details

Discover Sponsors a Debit Card Info Site

The PULSE network has launched “DebitFacts.org” to offer
timely and accurate information about using debit cards, practical
details about debit’s role as a convenient payment method and a
financial planning tool. Current site content includes a host of useful
information, such as a video about the differences between PIN- and
signature-authorized transactions; how to protect your personal
identification number (PIN) from fraud; understanding debit card
liability and the benefits of debit cards as a financial planning tool
DebitFacts.org will be updated regularly to include new expert articles,
as well as additional videos about the importance of using debit cards
wisely.

Details