JCB, Hitachi Software Engineering and Cab Card Service Ltd. have jointly
developed a system that enables users to pay for taxi rides with smart
cards instead of vouchers. CCS will collect electronic fare data
transmitted from smart card terminals installed in taxis, and JCB will
utilize the data to bill users and issue payment to taxi companies. The
companies plan to bring the new system on line this month, outfitting about
30,000 metropolitan area cabs with smart card terminals in the first year.



The PhoneMiles Reward Program was initially launched on January 15th, 2001
in the Toronto area, with the intention of capturing a significant share of
the retail long distance market. Consumers no longer need to pay for their
long distance calling regardless of the destination once they become
PhoneMiles Reward Program members.

The PhoneMiles Reward Program has been designed to neutralize the
competition in the retail long distance calling market without having to
sacrifice any of its profit margins. The PhoneMiles Reward Program adopts
the stored-value concept. It allows consumers to earn and accumulate FREE
long distance airtime from every purchase they make with our Retail
Partners through the UniLink Point-of Sales System. It is cost efficient,
easy to manage and above all, beneficial to both the Retail Partner and

This system has been based upon similar technology which consumers use
everyday. Each participating retailer receives a Unilink P.O.S. terminal
and a supply of PhoneMiles cards. The first time a consumer visits any of
our Retail Partner outlets (restaurants, convenience stores, bookstores,
gas stations, etc.) and makes a purchase, they will be invited to become a
member and will be gifted with FREE long distance airtime.
Every time a member makes a further purchase in any of these retail
outlets, they will be gifted with more FREE long distance airtime. The
retailer will swipe the membership card with the UniLink P.O.S. System to
recharge it with more long distance airtime. The value of the reward is
determined with a formula based on the amount spent and where the purchase
was made. The average reward is valued at approximately 3%-20% of the
purchased amount.

For example if a member buys dinner at a participating Retail Partner
restaurant and spends $100.00, when they swipe their PhoneMiles(TM) card
they receive approximately $10.00 in FREE long distance airtime to use at
their discretion.

Preliminary Results

In the first 75 days of the PhoneMiles(TM) Reward Program, UniLink has
signed up over 255 Retail Partners, mainly in the Greater Toronto area,
with more than 16,500 PhoneMiles(TM) members. To date, the market response
has beaten all forecasts.
UniLink is expecting to initiate this program in the Vancouver area within
the next 30 days.

The IPS Agreement

UniLink has entered into an agreement with IPS International Payment
Solutions. Inc (“IPS”) for IPS to develop a point of sale system (“IPS”
system) allowing for management of data arising from the point-of-sale
activation of pre-paid long distance calling cards or any other
stored-value card at retail locations and consisting of point-of-sale
terminal software and a gateway database software.
UniLink has been granted the licence to use the IPS system on an exclusive
basis in Canada and Hong Kong for a term of 3 years. UniLink also owns all
related source codes of the software and has the right to further modify it
for any future requirements. During the 3-year term, UniLink shall
exclusively engage the IPS system solely for providing UniLink’s telecom
services to its customers or members. At the end of the 3-year term,
UniLink shall automatically acquire the unlimited and unrestricted use as
well as the ownership of the IPS system including all applicable software
and/or hardware.

In return, and subject to regulatory and Board approval, UniLink shall pay
IPS $250,000 Cdn. The first $15,625 Cdn will be the only cash payment. With
the remaining balance to be settled with an issuance of common shares of
UTI. Such issuance of the common shares of UTI to IPS shall occur upon
completion of installing, training and testing of IPS system, but no later
than 30 days from the completion of training. The number of shares to be
issued will be determined by the average closing price of UTI for the 10
trading days immediately preceding the date of issue. IPS will also agree
to a time-release escrow of the UTI shares in accordance with the policies
of the CDNX.



Schlumberger Limited announced that Irwin Pfister is appointed executive vice
president of the new Schlumberger Sema business.
Schlumberger Sema is comprised of Schlumberger Test & Transactions and
Management Services, including the recent acquisitions of CellNet, the
Convergent Group, Bull CP8 and Sema plc.
Mr. Pfister was formerly executive vice president for Schlumberger Test &


MBNA 1Q/01

MBNA reported this morning that it added 2.5 million new accounts during the first quarter, however total managed loans dropped slightly from $88.8 billion for 4Q/00 to $88.0 billion for 1Q/01. Delinquency edged up to 4.60%, compared to 4.49% for the prior quarter, and 4.35% one year ago. Chargeoffs increased from 4.06% for 1Q/00 to 4.35%. While charge volume increased 12.4% over 1Q/00, it declined sharply compared to the fourth quarter. First quarter charge volume was $31.8 billion compared to $34.9 billion for 4Q/00 and $28.3 billion for 1Q/00. MBNA has approximately $70 billion in domestic credit card loans according to CardData. During the first quarter, MBNA signed up 121 affinity card programs worldwide. As of Mar. 31, nearly 1.8 million MBNA customers have enrolled to use ‘NetAccess’, MBNA’s online service, including 376,000 in the first quarter. For the first quarter of this year, MBNA added 210,000 new customers via the Internet. For complete details on MBNA’s 1Q/01 results visit CardData ([www.carddata.com][1]).

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


AAA 2000

Regardless of economic status the desire to save money is nearly universal. Smart consumers know there are deals to be found in purchasing travel, entertainment and merchandise, and millions of AAA members have found the AAA Show Your Card & Save program one of the best ways to do so.

Last year, AAA members saved more than twelve million times at merchants affiliated with the nation’s largest motoring and leisure travel organization. They received a total of $315 million in discounts on everything from hotel rooms, airplane and train tickets, restaurants, rental cars, theaters, theme parks, vision care, outlet shopping, online shopping, car washes, oil changes, auto parts and flowers.

“The AAA Show Your Card & Save(R) program has become one of the most universally known and understood discount purchasing programs in existence,” said Tom Wilt, managing director of AAA Partnership Programs. “The AAA membership card has become the most recognized and used `coupon’ across North America,” he said.

Conceived as a way to offer special values to AAA members when traveling, transaction volume for the 44-million-member Association’s discount program grew 14 percent last year. Reasons for the expanded use include heightened awareness among consumers, and a broadened program scope that now includes non-travel items and services.

“AAA is always looking for partnerships that offer quality values to members that are not readily matched elsewhere in the market,” Wilt explained. “Our new partnership with Tanger Outlet Malls is a good example because the offer combines a vacation activity popular with members with the universal appeal of saving money on consumer merchandise.”

For AAA members, the Show Your Card & Save(R) program is eminently easy to use.

Members can locate the merchants near them using AAA.com or simply look for merchants displaying the AAA Show Your Card & Save(R) logo and then produce their AAA membership card when making a reservation, or paying for a purchase. In return, they receive a pre-determined discount, usually between 5 and 30 percent, or a special benefit not available on the same terms to other customers.

AAA provides members with travel, insurance, financial and automotive-related services. Since its founding in 1902, the not-for-profit, fully tax-paying AAA has been a leader and advocate for the safety and security of all travelers.

AAA News Releases are available from



MerchantOnline, a provider of secure transaction networks and devices for credit cards and debit cards, announced it has entered into a distribution agreement with Classic BankCard.

David Latraverse, Director of Sales, stated, “We are very excited about this alliance and look forward to working with Classic BankCard in providing them with our patented PC PayMENT Small Business Package. The agreement allows another top notch ISO/distributor to get our product into the marketplace.” He added, “The combination of the revenue generated from the sale of PC PayMENT and recurring transaction fees will contribute to the continued growth of the company.”

“We have entered into an agreement to purchase the PC PayMENT Small Business Package, which allows us to offer our 30,000 plus customers a lower cost alternative means of accepting Credit and ATM/Debit cards. The patented PC Pay(R) device that is part of this package, adds extra value for our customers by also allowing them the ability to execute online purchases securely and anonymously,” said Mace Horowitz, president of Classic BankCard, Inc. The suggested retail price for the PC PayMENT Small Business Package is $299 – $699 depending on configuration.

About MerchantOnline.com

Founded in December 1997, MerchantOnline provides a secure transaction network that enables business and consumers to use one payment system for both their real world and virtual world needs utilizing credit card, ATM/debit cards and other payment programs.


NPC Hires Cooper

National Processing Company announced the addition of Roger Cooper to its Merchant Services sales team, as Vice President, with his chief focus on the supermarket industry. Mr. Cooper comes to NPC with over 20-years experience in the payments industry — selling and supporting hardware, software and electronic payment services.

Mr. Cooper recently worked as National Account Executive for CheckAGAIN, selling web-based financial services to Top 100 Retailers; and before that was a top salesman for the largest check authorization service, eFunds/SCAN, in the United States. Mr. Cooper spent a major portion of his career with EFT application development companies such as: Tandem, Honeywell, and Burroughs. Throughout his twenty years, Mr. Cooper was successful in developing sales programs, implementing quality assurance programs, and customer/technical support plans.

“We are delighted to have Roger as a part of our team,” said Mark Pyke, executive vice president of Merchant Services for NPC. “Roger’s expertise and enthusiasm will accelerate our presence in the supermarket industry.”

“I am excited about the opportunity to work for one of the nation’s leading payment processors,” said Cooper. “NPC has demonstrated again and again its dedication and commitment to their people and clientele.”

About National Processing Company

NPC is a leading provider of merchant credit card processing. NPC is 87 percent owned by National City Corporation (NYSE: NCC) ([http://www.national-city.com][1]), a Cleveland based $89 billion financial holding company, supporting over 500,000 merchant locations, representing nearly one out of every five Visa(R) and MasterCard(R) transactions processed nationally. NPC’s card processing solutions offer superior levels of service and performance and assist merchants in lowering their total cost of card acceptance through our world-class people, technology and service. Additional information regarding NPC can be obtained at [http://www.npc.net][2].

[1]: http://www.national-city.com/
[2]: http://www.npc.net/


Merchant Acceptance

VISA card acceptance is growing faster than rival MasterCard. VISA is now accepted by 21.4 million merchants worldwide, up 15.9% last year, compared to MasterCard’s 19.6 million, which grew 12.9% during 2000. According to the latest domestic industry stats gathered by CardData and international data gathered by RAM Research Group, the number of VISA merchant locations increased from 18.5 million in 1999 to 21,377,115 during 2000. MasterCard merchant locations increased from 17.4 million for 1999 to 19.6 million last year. If ATMs, member offices, and other locations are factored in, VISA still remains the king of global acceptance. MasterCard’s total acceptance locations hit 21.0 million at the end of 2000 compared to VISA’s 22.4 million. MasterCard still remains the most widely accepted card in Europe and Canada. VISA has a very strong lead in Latin America and a significant lead in Asia Pacific.

(VISA versus MasterCard)

United States 4.7m 4.2m
Canada 568,000 600,000
Europe 4.9m 5.0m
Latin America 1.8m 1.1m
Asia Pacific 9.0m 8.6m
Rest 466,000 200,000

Source: CardData(www.carddata.com) &
RAM Research Group Ltd(www.ramresearch.com)


Proof Positive

A Florida firm unveiled a new, anti-fraud, real-time identification authentication solution yesterday targeting financial service providers. iShopSecure’s ‘Proof-Positive’ uses a comprehensive multi-tiered identification approach that can be deployed both in a Web-based and customer service call-in environment. Access is granted based upon proprietary information only the consumers could know and information that could not be in an offender’s immediate possession. Combined with ‘I-Card’, iShopSecure’s credit card replacement technology solution, a consumer can apply for a credit card online, be authenticated, credit decisioned, and download the ‘I-Card’ to immediately begin making online purchases, within 5 minutes. ‘Proof-Positive’ is supported by ‘Equifax Secure’.


Discover Eagle

Discover Business Services announced Tuesday it will implement HNC’s ‘Eagle’ merchant risk management system for its four million merchant outlets that accept the ‘Discover Card’. ‘Eagle’ is a merchant risk management system designed to protect acquirers from emerging fraud trends, manage risk and profitability, and increase operational efficiency. The system uses neural networks to model typical card usage at each merchant location in an acquirer’s portfolio, providing a statistical prediction of fraudulent activity including collusive or targeted behavior and employee deception. In addition to on-going risk assessment, the ‘Eagle’ system can significantly increase the productivity of portfolio analysts by providing all the information they need to perform merchant analysis on a PC-based workstation with a graphical user interface.


Smart-e-Card Developer Sold

20/20 Web Design, Inc. announced that it has executed a definitive agreement, accounted for as an acquisition, to acquire Newport Beach based Smart-e-Card developer BentleyTel.com Inc. [http://www.bentleytel.com][1]

20/20 Web Design, Inc.’s management has approved a 4-1 forward split of its common stock with a record date of April 16, 2001. The Company has also filed to change its OTCBB trading symbol and the Company’s name to BentleyTel.com Inc.

The Company announced that Mr. Irving Einhorn, former Regional Administrator for the Los Angeles Securities & Exchange Commission, has accepted the position of Chairman of the Board of BentleyTel. Mr. Einhorn is presently an attorney in private practice and the Company is privileged to have him as chairman. The Company is seeking to expand its board further and has had positive indications for board positions from its strategic partners and other related technology companies.

BentleyTel’s Snap & Send Card, to be released this month, is the first of in a series of innovative international re-chargeable card products that will be released by the Company.

The BentleyTel Snap & Send card is also being marketed as an entry-level to first time “plastic users.” The marketing plan calls for an automatic upgrade to a BentleyTel Smart-e-Card after 10 recharges. The Smart-e-Card carries the same international phone platform but is also a stored value/ATM and international e-funds transfer card. ([http://www.smart-e-card.net][2])

The BentleyTel products are designed to connect family members around the world and corporate travelers to their respective offices and homes via a range of phone, financial services and global unified messaging services. Management is scheduled to proceed to Australia, Malaysia and Philippines to visit its new subsidiaries and to meet the BentleyTel management in each country.

BentleyTel is currently operating as a subsidiary of Global TeleMedia International (OTC Bulletin Board: GLTI), though Global must satisfy pre- existing conditions, a legacy of previous management, in order to satisfy the escrow provisions in order to complete its control of BentleyTel.

Information : Contact 949-253-9588

BentleyTel.com, ([http://www.bentleytel.com][3]) is a leading developer of Smart-e- Cards [http://www.smart-e-card.net][4] interactive software for complex E-commerce solutions, Voice over IP, LAN VPN (Virtual Private Network), ISP, Virtual ISP, The Company also owns telecom, ISP, and software development facilities in the USA, Australia, Malaysia and the Philippines.

[1]: http://www.bentleytel.com/
[2]: http://www.smart-e-card.net/
[3]: http://www.bentleytel.com/
[4]: http://www.smart-e-card.net/



First USA, a subsidiary of Bank One Corporation announced that it will be the exclusive corporate sponsor of the 2001 National Geographic Bee, a program of the National Geographic Society.

Nearly 5 million students now participate in the annual nationwide geography competition. The National Geographic Society developed the Bee in response to concerns about the lack of geographic knowledge among young people in the United States.

“The National Geographic Bee embodies our mission to increase geographic knowledge and we are delighted that First USA has agreed to be this year’s sponsor,” said Terry Garcia, executive vice president, mission programs, at the Society.

“First USA is excited to be working with the National Geographic Society on such a worthwhile project,” said Rosemary Cauchon, executive vice president of partnership marketing for First USA. “Having a solid understanding of the world in which we live and work has never been more important than it is today, especially as more and more businesses become global. The knowledge students gain from studying geography will serve them well throughout their lives.”

The National Geographic Society is the world’s largest nonprofit scientific and educational organization. The 113-year-old Society reflects the world through magazines, books, maps, television and interactive media. National Geographic magazine, the official journal of the Society, has a circulation of about 10 million and is read in every country in the world. The National Geographic Channel, a daily cable network, launched in the United States in January 2001. Abroad, the Channel is received in nearly 100 million households, in 18 languages in 113 countries. The Society has funded more than 7,000 scientific research projects and supports an education program combating geographic illiteracy.

First USA is the exclusive issuer of the National Geographic MasterCard. First USA offers credit cards for consumers and businesses under its own name, the Bank One name and on behalf of 1,900 marketing partners. These partners include some of the leading corporations, universities and affinity organizations in the United States. Bank One Corporation is the nation’s fifth-largest bank holding company, with assets of more than $265 billion.