HT RECHARGE DEAL

Hrvatski Telekom has signed an agreement with Euronet Worldwide
for an ATM recharge agreement. The deal will enable HT’s “Simpa” prepaid
customers to purchase airtime at 180 ATMs owned by Raiffeisenbank and
Splitska Banka in Croatia. HT has more than 1.1 million total customers
and 910,000 prepaid users. Deutsche Telekom owns 51 percent of Hrvatski
Telekom. The mobile operator is also the second of a total of two
providers in Croatia to offer Euronet ATM recharge services. Customers with
HT Simpa prepaid service can purchase vouchers at Raiffeisenbank and
Splitska Banka bank-branded ATMs throughout the country, allowing them to
recharge their mobile phone accounts.

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REDESHOP BRAND

Credicard S.A.has sealed a deal to transfer ownership of the “Redeshop”
card brand to MasterCard International. The new “Maestro Redeshop” cards
will be accepted throughout the Maestro network of acceptance locations,
including 285,000 POS locations and 8,000 ATMs in Brazil.cWith this move,
MasterCard says it consolidates its position in the Brazilian debit card
market, reaching nearly 42 million cardholders. Credicard launched
“Redeshop” in 1994. Credicard has a base of more than 8.3 million cards
issued under the VISA, MasterCard and Diners Club brands. The company’s
gross sales volume in 2001 was R$17 billion giving Credicard a 25% market
share within Brazil.

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AP TRAVEL

A survey by doAsia for Mastercard International found that women
in Asia/Pacific, with the exception of those in Taiwan, are planning to
either vacation in their home country or visit neighboring countries for
holiday this year. The highest number of respondents who chose to stay in
their home country or near their home country is from Indonesia (51
percent), Australia (48 percent), Philippines (38 percent), Hong Kong (35
percent) and Malaysia (33 percent). Bucking this trend is Taiwan where 29%
of the women polled plan to travel to the United States/Canada and only 28%
plan to vacation in or near their home country. North Asia is the second
most popular vacation destination for women from Australia, Indonesia,
Malaysia, Taiwan and Thailand. Female respondents from Hong Kong chose
South East Asia as their second-most preferred destination, Filipinos chose
United States/Canada and Singaporeans selected Australia/New Zealand.

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Billserv Volume

San Antonio-based Billserv reported it has processed over $1 billion in payment transactions in the past twelve months, with a monthly run rate of $110+ million. The company’s payment solutions include secure ACH and credit card processing, primarily in an “on us” model that allows consolidation of funds and a single daily remittance file that is used to accurately and efficiently update each clients’ accounts receivable files. Whether in conjunction with presentment or in payment only solutions, Billserv’s total monthly payment processing volume has grown by 171% over the previous twelve months.

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AOL & AMEX

AOL Mexico S. de R.L. de C.V. and American Express Mexico have partnered
to prominently promote the “American Express Card” across the AOL Mexico
service. As part of this agreement, the “American Express Card” is being
promoted through various efforts across the AOL Mexico service including
on-line promotions on the AOL Mexico “Welcome Screen,” creating a special
content area for the AmEx card, directing AOL “Keyword” searches to the
AMEX card Web site, and conducting animated polls and surveys of its members.

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Debit Future

A new report says that even though banks continue to push signature debit, the signs point to an eventual PIN victory at the POS. Cincinnati-based COLLOQUY also says very few banks are placing the customer’s needs and desires at the center of their debit marketing efforts. The report also suggest that POS systems often clash with loyalty strategies. The report looks at the ramifications of the Wal-Mart debit card lawsuit and its effect on debit loyalty programs. The research also features a take on the hidden value of points-based loyalty systems and a look at the limitations of the “surprise and delight” concept.

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Choice Club Card

Choice Hotels Canada and Ernex Marketing Technologies have teamed to launch the “Choice Club Plus” loyalty card offering 6.5 points for every dollar spent at any Choice. Ernex delivers real-time electronic marketing solutions to a variety of industries, including loyalty database hosting solutions, coalition marketing capabilities, real-time points/loyalty programs, Swipe ‘N Win sweepstakes programs, custom coupons/messaging capabilities and stored-value gift card programs.

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FNMS & ACI

First National Merchant Solutions is now offering ACI’s “Proactive Risk Manager” fraud detection software. The system employs expert rules-based strategies and advanced client server account management software to detect suspicious activity, and builds on the expertise of First National staff by allowing them to create rules in real-time. When the system discovers a transaction that matches a rule, an alert is generated and delivered to appropriate personnel for action. The system can generate alerts for both merchant and transaction-based fraud.

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Redeshop Brand

Credicard S.A. has sealed a deal to transfer ownership of the “Redeshop” card brand to MasterCard International. The new “Maestro Redeshop” cards will be accepted throughout the Maestro network of acceptance locations, including 285,000 POS locations and 8,000 ATMs in Brazil. With this move, MasterCard says it consolidates its position in the Brazilian debit card market, reaching nearly 42 million cardholders. Credicard launched “Redeshop” in 1994. Credicard has a base of more than 8.3 million cards issued under the VISA, MasterCard and Diners Club brands. The company’s gross sales volume in 2001 was $17 billion giving Credicard a 25% market share within Brazil.

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Jack in the Box

Payment card acceptance within the quick-service food industry is gaining momentum. San Diego-based Jack in the Box confirmed yesterday it has inked a card processing deal with National Processing Company. Under the agreement, NPC will provide authorization and settlement services for all MasterCard and VISA transactions accepted at participating Jack in the Box restaurants. The company operates or franchises more than 1,860 quick-serve restaurants in 17 states. Two weeks ago McDonald’s announced it will broaden card acceptance next year, and may top 10,000 locations by the end of 2003. KFC introduced card acceptance last year in most of its outlets. Burger King and Wendy’s have pilot programs underway with decisions on full-scale deployment set for early next year.

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Holiday Travel

A new survey from American Express found that more than 70% of Americans are traveling this holiday. Of those planning to travel, 55% will be driving and 16% flying to their holiday getaway. Travelers are also spending more this holiday season compared with previous years: 13% of respondents said they plan to spend $500 or more on their holiday travel, compared with 10 percent in 2001 and 9 percent in 2000, the survey found.

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3Q/02 U.S. Volume

Credit and debit card volume, based on third quarter statistics, is now growing at a 13.7% annual rate. MasterCard is leading the pack with U.S. card volume that is growing between 19.40% and 24.6% annually. MasterCard stats show a 19.4% increase in card volume compared to 3Q/01, but stats previously released to CardData indicate the growth may be as high as 24.6%. Nevertheless, MasterCard is growing about twice as fast as VISA. American Express showed a 7% increase in third quarter volume compared to last year, while Discover was flat compared to 3Q/01. Of VISA’s total volume for credit and off-line debit, $192.3 billion was for purchases and $60.7 billion for cash advances. MasterCard’s U.S. purchase volume was $114.8 billion and cash advance volume was $41.0 billion. Combined purchase volume in the U.S. is growing at 13.4% annual clip, while cash advance volume is surging by 21.4%. For complete details on 3Q/02 stats for the U.S. payment card networks visit CardData ([www.carddata.com][1]).

U.S. Third Quarter 2002 Card Charge
Volume by Brand
(credit + off-line debit)

TOTAL VOLUME
3Q/02
VISA $253.0b (+10.2%)
MasterCard $155.8b (+24.6%)
American Express $58.2b (+7.0%)
Discover $24.3b (NC)
TOTAL: $491.3b (+13.7%)

[1]: http://www.carddata.com

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