DATAWAVE 2Q/01

DataWave announces results for the quarter ended June 30, 2001.

Revenues improved slightly to US$2,581,368. Earnings before interest, taxes, depreciation and amortization (EBITDA) was $33,122, and net cash provided by operating activities was $US277,781. The Company had a loss of US$(80,704),” reports Josh Emanuel, President and CEO.

Revenues generated from the resale of prepaid long distance time in the U.S. for the three months ended June 30, 2001 were up 1.5 percent from the same quarter last year. Revenues from the sale of prepaid long distance phone cards through the DataWave Merchandisers (“DTMs”) increased 16% for the quarter compared to the same period last year. The number of DTMs installed and operated by the Company increased to more than 1,000 in June 2001 from 962 in June 2000. The Company now sells in more than 3,000 locations in the U.S. (inclusive of DTM locations).

“The Company continues to spend on research and development to move aggressively towards expansion into new markets and to develop new prepaid card products. A five-store test of the Company’s new prepaid payment card in conjunction with Coinstar and Michigan National Bank began in June. The Company also laid the groundwork to enter the Canadian prepaid phone market during the quarter by entering into an agreement to purchase AT&T Prepaid Card Company. This acquisition was closed on July 13, 2001 and should increase revenues considerably and favorably impact net income,” reports Josh Emanuel.

About DataWave ()

DataWave Systems designs, develops, produces, owns and manages a proprietary, intelligent, automated direct-merchandising network, comprised of free-standing intelligent machines (DTMs) and over the counter “swipe” units (OTCs) connected to the gateway and database software through a wireless and/or landline wide area network. This unique leading-edge technology provides for point-of-sale activation, cash/credit card acceptance, detailed reporting and 24/7 remote self-diagnostic troubleshooting, making it virtually maintenance-free. The Company has proven enabling technologies that have allowed it to enter new markets and generate additional revenue streams with innovative prepaid and financial services products. In addition to its successful prepaid calling card business, the company is testing the distribution of the Michigan National Bank Prepaid MasterCard together with Coinstar.

DataWave is now poised to capitalize on the flexibility of its System by augmenting its product range to meet the diversified and changing needs of the prepaid market and in further developing strategic partnerships.

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AmEx Lunch

During the month of August, American Express Cardmembers can enjoy prix-fixe lunches at some of San Francisco’s hottest restaurants for only $20.01. Twenty-nine restaurants are participating in the exclusive Cardmember program, called “Let’s Do Lunch.”

In addition to enjoying some of the culinary delights San Francisco has to offer, Cardmembers can also feel good about helping those in need. Every time a Cardmember uses the Card to purchase lunch at participating restaurants during the “Let’s Do Lunch” program, American Express will donate up to $10,000, based on $1.50 per transaction at any of the participating restaurants, to Project Open Hand, a San Francisco organization that serves people living with HIV/AIDS, seniors, the homebound or critically ill. The donation is not tax deductible for Cardmembers.

“American Express is always looking for ways to add value for our Cardmembers and our merchants, and we are proud to be the first to offer a program like this to San Francisco,” said Carolynn Atherton, General Manager of American Express, Northern California. “‘Let’s Do Lunch’ is a great opportunity for our Cardmembers to enjoy many of the unique restaurants in San Francisco. It’s also a chance for our merchant partners to showcase their fine cuisine for Cardmembers who might not otherwise have the opportunity to enjoy it.”

“We are thrilled and grateful that American Express chose our agency for this innovative venture,” said Tim Etheridge, Director of Communications for Project Open Hand. “The proceeds from ‘Let’s Do Lunch’ will certainly help us continue to do what we have been doing for the past 16 years, and that is, delivering Meals with Love to all those who need us.”

Participating restaurants include: 2223 Restaurant and Bar, Ana Mandara, Bix, Cafe de la Presse, Caffe Espresso, Cafe Pescatore, Farallon, Fringale, Gio’s Restaurant, Grand Cafe, Kuleto’s Italian Restaurant, L’Olivier, Montage, North Beach Restaurant, One Market Restaurant, Oritalia Restaurant and Dragon Bar, Paragon, Pastis, Pizzelle Di North Beach, Puccini & Pinetti, Roy’s, Silks at Mandarin Oriental, Splendido, Stars Bar & Dining, The Cosmopolitan Cafe, The Waterfront Restaurant, Town’s End, Venture Frogs, and XYZ.

Cardmembers can make reservations online at http://www.opentable.com or by calling the participating restaurants directly. Customers are urged to cancel their reservations if they are unable to honor them. Dress codes apply in many of the participating establishments; beverage, tax and gratuity are additional.

For additional information and a list of restaurants offering a $20.01 prix-fixe lunch, log onto . To request a list by mail, send a self-addressed stamped envelope to: Julian Munoz, American Express, 525 Market Street, Suite 3800, San Francisco, CA 94105.

About American Express

American Express Company (NYSE: AXP) is a diversified worldwide travel, network, and financial services provider founded in 1850. It is a leader in charge and credit cards, Travelers Cheques, travel, financial planning, investment products, insurance and international banking. For more information, visit .

About Project Open Hand

Project Open Hand provides home delivered meals, groceries and nutrition counseling to people living with HIV/AIDS; congregates lunches and nutrition education to seniors and home delivered meals to those who are Homebound and Critically Ill.

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MY-TEL-CARD

Internet VIP, Inc. announced this week that it has launched a new and innovative web based pre-paid
long distance card developed by MyTelCard.

MyTelCard is a Business to Business (B to B) System Designed to integrate
prepaid telephony with the international Travel and Tour Industry. Utilizing
MyTelCard software(TM), a travel agent or tour operator can purchase IVIP’s
prepaid telephone cards, on line, for their clients. The cards are unique in
that they are pre-programmed for utilization in the destination country for
worldwide use, valid from wherever in the world their client is traveling. The
travel industry gains a new revenue source and commissionable product and IVIP
becomes a recognized brand with a high quality, reliable product.
The previously announced pending merger with Yapalot Communications Inc.
will directly impact the success of this product, as Yapalot’s network will
facilitate IVIP’s long distance services in the US, Canada, Europe, Asia, and
the Middle East.

To launch the product, Internet VIP has signed an agreement with American
Voyageur, a New York based tour and excursion organizer. American Voyageur
specializes in tours to Canada, France, Great Britain, Russia, etc. It
estimates first year revenue to exceed $1.2 million, and to ramp up to $3.5
million in the second year. Each of American Voyageur’s clients will receive
IVIP’s prepaid $10 cards as a part of their travel package.

Internet VIP is also developing applications of MyTelCard with other
travel agency networks. Uniglobe Voyages Interservice, will start to offer
MyTelCard to their clients next month and other agencies of their network are
expected to add the product in the following months. Postal Brand Network, a
division of Universal Express (OTCBB: USXP), has agreed to negotiate
distribution of MyTelCard(TM) through its 7,000 retail members. 1ST year
dollar volume is estimated at 2.5 million.

Additionally, the Russian Tour Industry Council, headquartered in Moscow,
sees a market of approximately 3,000,000 cards annually, and is working with
IVIP to sign and develop a joint venture to market these cards in the
countries of the former USSR.

MyTelCard(TM)”s President, Mark Lazar stated, “This is revolutionary
software that allows travel agents to deliver a product with little price
sensitivity and with quality and reliable service. It’s the ultimate telephone
card, no pre-paid requirement, no inventory, every country available,
renewable, no prefixed amounts and a secure environment. We are creating a
worldwide brand for IVIP.”

Ilya Gerol, IVIP Chairman of Board: “The first reaction of travel and
hotel industry’s management has been very reassuring. MyTelCard(TM) software
is geared for travel agencies and hotels.
Internet VIP Inc., provides international long distance telephone and
tele-communication services using Voice over Internet Protocol (VoIP). IVIP’s
strategy is to focus on obtaining telecom licenses to operate in developing
areas of the world, either alone or with important partners in those regions.
Additionally, IVIP operates a pre-paid telephone card division utilizing
various unique marketing strategies to differentiate itself from its
competitors.

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B2B Payment Report

NACHA’s Council for Electronic Billing and Payment has published a white paper describing business-to- business electronic payments methods. The white paper, authored by the Council’s Business-to-Business Task Force, develops a framework that businesses can use to evaluate the comparative benefits of specific electronic payment mechanisms.

“The purpose of the white paper is to provide an objective, educational tool on business-to-business electronic payments,” said Pete Lambert, Chairman of the B2B Task Force and Vice President of Wachovia Bank. “The focus is on key issues that drive the selection of an appropriate payment tool.”

The white paper is the second in a series produced by the Council on electronic invoice presentment and payment (EIPP). It outlines the features of B2B electronic payment methods — Automated Clearing House (ACH), alternative electronic networks (MasterCard RPPS, Visa ePay), and credit card — as well as traditional payments (check and wire transfer). For each payment method, the paper presents an overview, process flows for buyer- and seller-initiated payments, functional differentiators, and an economic analysis.

The first paper, issued in January 2001, analyzed the three models of electronic invoice presentment that are emerging in the market — Buyer Direct, Seller Direct, and Consolidator. Both papers are available on the Council’s web site at http://cebp.nacha.org/publicdocs/publicdocs.html .

The two-part series on EIPP is designed to be of interest to billers, payers, financial institutions, technology providers, and other industry participants. Its purpose is to educate industry about EIPP, promote a common language and context for EIPP, and describe and review available EIPP options, including both presentment and payment alternatives.

“The Council for Electronic Billing and Payment believes that widescale adoption and product innovation will occur only when the executives in the B2B space have a broader understanding of electronic invoice presentment processes and related payment options,” said Jane Wallace, acting Chair of the Council and CEO of the Consumer and Payments Division at Princeton eCom. “This white paper plays an important educational role by providing a comprehensive overview of the electronic invoice presentment and payment arena.”

EIPP is the business-to-business version of electronic bill presentment and payment (EBPP) by which bills are presented and paid on the Internet. While both Business-to-Consumer (B2C) and B2B transactions have similar processes, the B2B environment is typically more complex, involving multiple internal participants, detailed analytic requirements, and intricate value chains. In addition, a more complex set of payment alternatives are typically available for B2B purposes.

“Because EIPP is a promising tool, TowerGroup projects a rapid increase in business usage to 8 percent of B2B bill volume by 2005,” said Beth Robertson, Senior Analyst at TowerGroup and a member of both the Council and the B2B Task Force. “The many benefits for businesses migrating to EIPP include improved cash management, enhanced analytic and data access tools, improved productivity, and lower direct costs.”

The mission of the B2B Task Force is to facilitate education and adoption of business-to-business, Internet-based electronic invoice presentment and payment (EIPP). The task force has 111 members representing 63 organizations.

The Council for Electronic Billing and Payment was formed in 1993 to act as a forum to facilitate, educate, and promote the use of electronic billing and payment programs and services to all interested stakeholders in the payments industry. The Council currently has 98 member organizations. The Council’s next meeting is October 22-23 in San Diego, CA. Guests are welcome to attend. More information is available at .

About NACHA – The Electronic Payments Association

NACHA is the leading organization in developing electronic solutions to improve the payments system. NACHA represents more than 12,000 financial institutions through direct memberships and a network of regional payments associations, and 650 organizations through its industry councils. NACHA develops operating rules and business practices for the Automated Clearing House (ACH) Network and for electronic payments in the areas of Internet commerce, electronic bill and invoice presentment and payment (EBPP, EIPP), financial electronic data interchange (EDI), international payments, electronic checks, and electronic benefits transfer (EBT). Visit NACHA on the Internet at .

[Part One – Presentment Models (PDF Format)][1]

[Part Two – Payment Options (PDF Format)][2]

[1]: /cardflash/secure/oldstatic/2001/august/2g-1.pdf
[2]: /cardflash/secure/oldstatic/2001/august/2g-2.pdf

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Wireless E-Port

USA Technologies has expanded its ‘e-Port’ product line to include proprietary wireless technology. The ‘e-Port’ technology allows clusters of vending machines, POS terminals, and other cashless transaction devices to be connected to networks via wireless technology, whether the devices are located on different floors of a building, or outside the building. The terminals then share existing data connections such as a telephone line or other existing data connection thus providing low cost, high reliability connectivity. The Company has also designed e-Port Wireless in part to speed up authorization, activation and delivery of the product or service provided by the vending machine or POS terminal.

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CDNOW VBV

CDNOW, the leading online music destination, and Visa U.S.A., the world’s largest consumer payment system, announced CDNOW is one of the first e-Merchants to make online payments more secure with Visa’s Payer Authentication service, “Verified by Visa.” Verified by Visa, based on Visa’s 3-D Secure Interoperability Standard, gives CDNOW customers a safer online shopping experience by adding a layer of security that helps to reduce fraudulent use of Visa card numbers on the Internet, ultimately building consumer confidence for online shopping while reducing customer disputes and fraud losses for CDNOW.

Beginning Fall 2001, Visa cardholders can register for Verified by Visa through their card-issuing bank, giving them the ability to make authenticated online purchases with their Visa card. Registered Visa cardholders will then be asked to enter a password every time they buy merchandise at CDNOW, thus authenticating their identity similar to the way a signature verifies a cardholder in the physical world. Registration for the program is easy for consumers and the process of entering a password during an online purchase will take only a matter of seconds. CDNOW anticipates that installation of the Verified by Visa software will be complete in October 2001.

“CDNOW is proud to take a leading role in the implementation of Verified by Visa,” said Samantha Liss, CDNOW Vice President of Marketing and Promotion. “In a business where we rely so heavily on bank card sales, it is essential to provide the most secure shopping experience possible for our customers.”

“Visa Payer Authentication provides the first line of defense for cardholders,” Jim McCarthy, Senior Vice President, e-Visa, a division of Visa U.S.A. “CDNOW’s implementation of this service will help prevent fraud and drive online transaction volume, further strengthening the mass-market online payment channel.”

About Visa U.S.A.

Visa is the world’s leading payment brand and largest consumer payment system, enabling banks to provide their consumer and merchant customers with the best way to pay and be paid. More than 14,000 U.S. financial institutions rely on Visa’s processing system, VisaNet, to facilitate over $810 billion in annual transaction volume — including more than half of all Internet payments — with virtually 100 percent reliability. U.S. consumers carry more than 353 million Visa-branded smart, credit, commercial, stored value and check cards, accepted at approximately 22 million locations worldwide. Visa has long led the industry in developing payment security standards, and has been named the most trusted payment brand online. Visa’s people, partnerships, brand and payment technology are helping to create universal commerce — the ability to safely conduct transactions anytime, anywhere and by any device. Please visit for additional information.

About CDNOW-Never miss a beat. (TM)

CDNOW, Inc. is part of the world’s #1 global music service company, BeMusic, a division of the Bertelsmann eCommerce Group (BeCG). As the ultimate connection to the world of music, CDNOW has 4.8 million customers and sells over 500,000 items including CDs, movies and digital downloads. Music fans can access exclusive artist video interviews, album reviews, expert recommendations, and daily music news from allstar News. CDNOW helps people discover and enjoy music in a personalized environment.

About BeMusic

BeMusic serves over 12 million subscribers, part of 23 million customers online and offline, and operates the world’s largest music club, BMG Music Service, industry-leading technology and Digital Rights Management companies, myplay, Inc., the pioneering digital music locker service, and CDNOW. BeCG properties include BMG Direct, Digital World Services, barnesandnoble.com, myplay, Inc., and its strategic alliance with Napster.

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OPC IRS

Official Payments Corp. announced Wednesday that the Internal Revenue Service will soon accept credit card payments for current year delinquent tax payments and installment government tax payments. The IRS already uses OPC’s credit card payment service to collect balance-due, estimated and extension tax payments by credit card over the Internet and by telephone. This past tax season, Official Payments captured 87% market share of the $711 million in credit card tax payments collected on behalf of the IRS during tax season. In 1999, the IRS collected over $29.2 billion in delinquent taxes including current year return balances and installment agreement payments. Beginning January 11, 2002, individual taxpayers who have installment agreements with the IRS for the current tax year and for tax years 1998, 1999 and 2000, will be able to make their installment payments by credit card over the Internet or by telephone. (CF Library 7/26/01; 7/30/01)

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Speedpass Expansion

ExxonMobil’ said yesterday that its ‘Speedpass’ wireless payment system is now being accepted at nearly 1,600 Exxon service stations nationwide with another 900 Exxon stations expected to join by the end of this year. The expansion comes on the heels of a Chicago-area pilot using ‘Speedpass’ transponders for payments at more than 400 McDonald’s restaurants. The deployment of ‘Speedpass’ in Exxon stations will allow consumers to make wireless payments at more than 6,800 Exxon and Mobil service stations and convenience stores from coast to coast. ExxonMobil has indicated it may expand the McDonald’s program nationwide. ‘Speedpass’ is a radio frequency transponder device that fits on a key chain. It will automatically bill purchases against a pre-determined credit card. The technology for the payment system was developed for Mobil by the TIRIS Division of Texas Instruments. The system was launched in the USA in May 1997 following a six-month test in St. Louis. The program has signed up more than four million users. The ‘Speedpass’ program has also been introduced in markets outside the USA including Singapore and Canada. (CF Library 2/20/97; 1/22/99; 4/14/99; 8/17/00; 5/8/01; 5/30/01)

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Corillian Board

Corillian Corp. announced that its board of directors has approved the appointment of Eric C. W. Dunn as a new member of the board, effective immediately.

With this new appointment, the number of directors on the Corillian board expands to nine. Mr. Dunn has spent the past 15 years in the financial software and technology industry, serving in a number of senior executive capacities at Intuit Inc. from 1986 to 2000, most recently as Intuit’s Senior Vice President and Chief Technology Officer. Mr. Dunn’s other Intuit roles include: CEO of VFSC, an Intuit web finance joint venture which was purchased by Intuit in 2000; General Manager of Intuit’s personal finance group, where he was responsible for the Quicken(R) line of software products and related online banking activities; and CFO, where he played an integral role in Intuit’s IPO and successful merger with ChipSoft. Mr. Dunn serves on the boards of a number of private companies in the eFinance industry, including LiveCapital Inc., where he is Chairman. Mr. Dunn graduated with a degree in physics from Harvard College and graduated as a Baker Scholar from Harvard Business School.

“Eric’s vast knowledge and expertise in the eFinance software industry and background in developing innovative products will add tremendous value to our already strong board of directors,” said Ted Spooner, CEO of Corillian. “We have been fortunate to attract great talent in the industry and Eric is a prime example. With the addition of Eric to our board, his guidance and management will help us as we continue to develop and deliver great products to financial institutions worldwide.”

“I’ve been impressed with Corillian and its management team, many of whom I have known and worked with for many years,” said Mr. Dunn. “Corillian has made significant strides in becoming a leader in the online finance industry and I’m excited by the opportunity to work with their talented board of directors and executive team.”

About Corillian

Based in Oregon, and with international offices in Europe, Asia and Australia, Corillian Corporation is an award-winning provider of eFinance-enabling software for the financial services industry. Built on the Microsoft Windows 2000 platform, Corillian applications support Internet banking, bill delivery and payment, brokerage, customer relationship management, enhanced data aggregation, and small business transactions. Voyager can be deployed on-site at the financial firm or in the state-of-the-art Corillian Data Center. Corillian technology also enables Open Financial Exchange (OFX) access by finance management software packages such as Quicken(R), QuickBooks(R) and Microsoft(R) Money. For more information about Corillian Corporation, visit our Web site at [www.corillian.com][1].

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

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MERCHANT ACQUIRING JV

First Data Merchant Services, a
subsidiary of First Data Corp., a leader in electronic commerce
and payment services, announced an agreement to launch a joint venture
with Deutsche Postbank, a subsidiary of Deutsche Post, Germany’s postal
service organization. Deutsche Postbank is one of the largest banks in
Germany and a controlling shareholder of the third largest debit network in
Germany. This alliance will offer merchant processing services for credit
card and other electronic payments. The business is expected to start in the
third quarter of this year following regulatory clearance from Germany and the
European Union.

“This joint venture represents another major step for First Data Merchant
Services in the growth of our international business,” said Pamela H. Patsley,
president and CEO of First Data Merchant Services and senior executive vice
president of First Data Corp. “Postbank and First Data are committed to
expanding merchant processing services and offerings in Germany. This
cooperative effort will be a catalyst for new electronic payment services and
stands ready to capture the marketplace demand.”

“With this joint venture, we can offer extensive payment processing
services to customers, accepting everything from cards to cashless payments.
Not only the handling of payments for all card types but also the entire care
including advice and installation of the card terminals,” said Wulf von
Schimmelmann, executive-chairperson of Postbank. “We will profit from the
worldwide experiences of First Data Merchant Services.”

“In Germany today nearly 500,000 businesses accept credit cards.
Electronic payment transactions offer tremendous growth potential. Next
year’s discontinuation of the Eurocheque guarantee will require many merchants
and service providers to view card and other cashless payments as a secure
replacement option for consumers. In e-business, a secure and simple payment
system remains a critical success factor,” said Patsley.

Combining the resources of the Deutsche Post World Net system and the
merchant acquiring joint venture, Deutsche Postbank can offer a true one-stop
solution. In addition to advanced payment technology, the joint venture can
provide a full suite of affiliated financial services. This distinguishes
Deutsche Postbank from other banks for merchant payment and logistical finance
solutions. The new company will service the existing merchant customers of
Deutsche Postbank. It will market to approximately 400,000 Postbank customers
through the Deutsche Post World Net’s distribution channels, as well as other
sales channels similar to those used in existing First Data Merchant Services
alliances.

About First Data Merchant Services

First Data Merchant Services enables merchants to accept any type of
electronic payment — credit, debit, electronic check, EBT, smart card —
anytime, anywhere. A subsidiary of First Data Corp., Merchant Services
annually processes and settles almost 9 billion transactions for more than
$450 billion in sales volume from 2.6 million merchant locations. Through
partnerships and relationships with leading financial institutions and
independent sales organizations, First Data Merchant Services delivers
industry leading electronic payment and e-commerce services and solutions.
First Data Corp. (NYSE: FDC), with global headquarters in Denver, powers the
world economy, serving over 1,400 card issuers and millions of consumers
worldwide. First Data makes it easier, faster and more secure for people and
businesses to buy with virtually any form of payment at the point-of-sale,
over the Internet or by money transfer.

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VISA Online Sweepstakes

Visa U.S.A., the world’s largest consumer payment system, is giving online shoppers the chance to win a $50,000 shopping spree during the month of August — just in time for the busy back-to-school shopping season. The “Visa Online Shopping Spree” has been designed to drive traffic to merchant Web sites and motivate consumers to use their Visa cards online. Over 20 leading online retailers and over 90 Visa Member banks are participating in the promotion.

Each time cardholders use their Visa card to make an online purchase at participating merchants between August 1 and August 31, 2001, they will be automatically entered to win a $50,000 Visa card. Visa will also give 250 first prize winners a $100 Visa card. Winners can use these Visa stored-value cards to go on a shopping spree anywhere Visa is accepted — at approximately 22 million locations worldwide. The more times cardholders use their Visa card at participating online merchants, the more times they will be automatically entered into the sweepstakes. No purchase or obligation necessary to enter or win. For more details, including Official Rules, visit www.visa.com/shoppingspree beginning August 1, 2001.

“During May 2001, Visa’s `Win What You Spend X 10′ promotion exceeded our expectations — the number of participating merchants and banks was higher than anticipated and we were very successful at generating awareness for the promotion,” said Gerry Sweeney, Vice President of e-Visa, Visa U.S.A.’s e-commerce division. “Visa is excited to launch our next online promotion, offering consumers an even bigger reward for shopping online.”

“Online promotions, like the `Visa Online Shopping Spree,’ can be used to help drive traffic to our site and ultimately increase sales. This new Visa promotion also provides incremental exposure for the Tickets.com brand,” said Chris Woodburn, Vice-President of Marketing, Tickets.com.

“NextCard is committed to giving cardholders an enjoyable and rewarding online shopping experience and the `Visa Online Shopping Spree’ gives us an easy, turnkey way to offer additional value to our cardholders,” said Christopher Tracy, Vice-President of eCommerce Marketing, NextCard.

The promotion will be supported through a comprehensive marketing program, including online advertising on popular shopping-related sites, e-mail and viral marketing campaigns, and online merchant point-of-sale signage. Additionally, over 90 Visa Member banks will be featuring the promotion on their websites.

You can learn more about the “Visa Online Shopping Spree” Promotion and participating merchants by visiting [www.visa.com/shoppingspree][1] beginning August 1, 2001.

About Visa U.S.A.

Visa is the world’s leading payment brand and largest consumer payment system, enabling banks to provide their consumer and merchant customers with the best way to pay and be paid. More than 14,000 U.S. financial institutions rely on Visa’s processing system, VisaNet, to facilitate over $810 billion in annual transaction volume — including more than half of all Internet payments — with virtually 100 percent reliability. U.S. consumers carry more than 353 million Visa-branded smart, credit, commercial, stored value and check cards, accepted at approximately 22 million locations worldwide. Visa has long led the industry in developing payment security standards, and has been named the most trusted payment brand online. Visa’s people, partnerships, brand and payment technology are helping to create universal commerce — the ability to safely conduct transactions anytime, anywhere and by any device. Please visit [www.visa.com][2] for additional information.

[1]: http://www.visa.com/shoppingspree
[2]: http://www.visa.com

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NYC Parking

New York City has purchased an additional 220 ‘DG Classic’ multi-space parking terminals for on-street parking from SchlumbergerSema. With the new purchase, a total of 665 SchlumbergerSema terminals now replace over 7,000 conventional single-space terminals for on- and off-street parking in NYC. The city is also using the terminals to prevent delivery trucks from blocking traffic in the Times Square area of midtown. For the first time ever, when commercial trucks are making deliveries in this heavily congested area, they must park at metered spaces while they are loading and unloading. The SchlumbergerSema terminals, which can monitor up to 15 parking spaces on-street and in excess of 100 parking spaces off-street, are designed with a special mounting that attaches to existing city light poles. The terminals accept flexible payment options, including private cards, credit cards, smart cards and coins.

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