OPC Signs CT Towns

Official Payments Corporation ([www.officialpayments.com][1]) announced that eight Connecticut towns have signed service agreements with the company. Under these agreements, town citizens will be able to pay real estate, personal property, and motor vehicle taxes, as well as utility bills and various other fees, with their credit cards by visiting [www.officialpayments.com][2] or calling 1-800-2PAY-TAX. Annually, the towns collect approximately $188 million in these taxes and fees. American Express, Discover Card, MasterCard and Visa are the cards accepted by the programs. The new systems for the towns of Burlington, Cheshire, Coventry, Ledyard, Plymouth, Redding, Windham and Woodstock will be available in February 2002. With these new additions, Official Payments now serves 22 clients in the state of Connecticut in addition to the state itself. The company is headquartered in Stamford, CT.

“As our client list in our home state continues to grow, more citizens are able to pay local, state, and federal taxes and fees, through our secure Internet and telephone systems,” stated Thomas R. Evans, Chairman & CEO of Official Payments. “People appreciate the convenience of being able to make all of these payments with one company.”

Official Payments has similar agreements with more than 1,000 government entities in all 50 states. The company has contracts with the Internal Revenue Service, 20 state governments including the state of Connecticut, and the District of Columbia to collect taxes, fees, and fines by credit card over the Internet and telephone.

Official Payments charges taxpayers a convenience fee for processing these credit card transactions. The fee schedule can be found on the Internet at [http://www.officialpayments.com][3]. For example, a taxpayer who charged $4,000 in real estate taxes would find a total of $4,109 on their credit card statement: $4,000 for the tax bill and $109 for the convenience fee. Taxpayers using credit cards with bonus rewards programs can, depending on their card’s program, earn rewards, points, and cash back or airline frequent flyer miles for paying their taxes.

About Official Payments Corporation

Founded in 1996, Official Payments Corporation (Nasdaq: OPAY) is the leading provider of electronic payment options to more than 1,000 government entities in all 50 states. The company’s principal business is enabling consumers to pay their government taxes, fees, fines, and utility bills by credit card, via Internet and telephone. Official Payments has agreements to collect and process credit card payments with the Internal Revenue Service, 20 state governments, the District of Columbia, and over 1,000 county and municipal governments across the United States. In 2000, Official Payments collected and processed over $925 million in federal, state and local government payments. Thomas R. Evans, the former President & CEO of the Internet Company GeoCities, became Chairman & CEO of Official Payments in the summer of 1999. Mr. Evans brought Official Payments public in November of 1999, raising $80 million in its IPO on the NASDAQ national market.

[1]: http://www.officialpayments.com/
[2]: http://www.officialpayments.com/
[3]: http://www.officialpayments.com/


I-Payments Study

The NACHA Internet Council announced Monday it is undertaking two new projects designed to provide financial institutions and merchants with educational resources on managing risk and preventing fraud associated with Internet-initiated payments. A ‘Fraud 101’ project will identify and catalog the various types of Internet payments fraud such as transaction-level fraud, identify theft, invalid accounts, and non-sufficient funds. A risk management project will focus on the risks of specific Internet-initiated payment types such as ACH, credit card, online debit card, offline debit card, and person-to-person payments. Both the fraud and risk management projects will be completed by mid-2002.


2002 Consumer Debt Goals

According to survey conducted last week by ICR/International Communications Research, 28% of Americans think that paying off or paying down their debt is the most important thing they can do in 2002. For the month of January, the reading for the ‘Cambridge Consumer Credit Index’ is 61. This means that on average 39% more Americans are paying off debt than are adding debt. This is a one-point rise from the Index’s initial reading of 60 in December 2001. The research firm says the results show how much Americans are currently struggling with their debts. Despite the recession and widespread layoffs, four in ten Americans took on more debt during the holiday season, 16% will take on more debt in January and 36% expect to take on additional large debts to finance purchases in the first six months of 2002.


Linux Card Processing

Main Street Softworks, Inc., a privately held software development firm and Red Hat, Inc., the leader in open source solutions, announced a relationship to provide ongoing credit card processing support for Red Hat CCVS. As part of the arrangement, Red Hat will recommend Main Street’s MCVE financial software to its CCVS customers. “Here at Main Street Softworks we are providing a critical financial software solution to a diverse group of developers and merchants who utilize Linux/UNIX-like environments to run their core business applications. By working with Red Hat, we have expanded the functionality and processor support of MCVE, which has now evolved into one of the most robust financial software solutions of its kind,” said Brad House, Sr. Developer for Main Street.

About MCVE

MCVE (MainStreet Credit Verification Engine) is a highly scalable credit card authorization engine (or daemon). Designed in C and conforming to POSIX standards, MCVE runs on many of today’s most advanced UNIX/UNIX-like Operating Systems with unprecedented stability and reliability. Integrated into MCVE are leading-edge (standardized) technologies including SSL connectivity and SQL database support. Supporting the Retail, Mail/Phone Order, and E-Commerce industries, MCVE can easily be integrated into an existing website, or POS system housed on any OS that supports TCP/IP. Additionally, MCVE provides ACH capabilities that allow merchants to perform direct deposit payroll and electronic invoicing making today’s paper checks obsolete.

About Main Street Softworks, Inc.

Based in Gainesville, Florida, Main Street Softworks, Inc. is a leading manufacturer of high performance, real-time financial transaction software solutions for businesses of all sizes. Main Street continually develops cutting edge software products offering the functionality, dependability, and manageability that today’s businesses need to remain competitive. For more information about Main Street, visit the company’s Web site at [http://www.mainstreetsoftworks.com][1] or call 352-378-8228.

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


Global Goes BASE24

ACI Worldwide, a leading international provider of enterprise e-payment solutions, announces the licensing of its BASE24 e-payment processing software to Global Payments Inc., a leading provider of electronic processing services in the U.S. and Canada. BASE24 will route and switch debit and credit card transactions initiated at the point of sale for Global Payments’ merchants. Global Payments selected BASE24 after strategic review of many processing alternatives. Implementation will allow Global Payments to control costs and effort associated with maintaining processing platforms. The BASE24 platform also will provide Global’s merchants with scalable 24/7 processing.

“Our licensing of BASE24 will enable us to meet the growing around-the-clock processing needs of Global Payments’ merchants,” said Paul R. Garcia, president and CEO of Global Payments. “We are committed to providing our customers with the technology they require to maintain a competitive edge. BASE24 will enable us to provide worry-free processing of non-cash payments, allowing Global’s merchants to focus on other aspects of their business.” BASE24 supports multiple delivery channels, from the traditional — ATM and POS — to the emerging — Internet and mobile. It also supports all card types, including credit, debit and smart cards, and interfaces with global credit and debit networks.

“As a leading provider of merchant processing services, Global Payments knows the value merchants place on being able to reliably handle consumers’ debit and credit card purchases,” said Mark Vipond, president of ACI Worldwide. “With BASE24, Global can offer its merchants fast, efficient processing that is truly scalable and open to a variety of transaction types.”

BASE24 is used by more than 340 ACI customers around the world to manage devices, route and switch transactions, and provide authorization support for high-volume payments processing. The software operates on Compaq NonStop Himalaya systems to provide 24/7 support for ATM and POS networks, manned teller systems, telephone banking, mobile commerce, and Internet banking and commerce. In addition to BASE24, Global licensed software from ACI’s Payments Management suite to handle transaction warehousing and payment settlement.

About Global Payments Inc.

Global Payments Inc. (NYSE:GPN) is a leading provider of electronic transaction processing services to merchants, Independent Sales Organizations (ISOs), financial institutions, government agencies and multi-national corporations located throughout the United States, Canada and the United Kingdom. Global Payments offers a comprehensive line of payment solutions, including credit and debit cards, business-to-business purchasing cards, gift cards, Electronic Benefits Transfer (EBT) cards, check guarantee, check verification and recovery, terminal management and funds transfer services.

About ACI Worldwide

Every second of every day, consumers are initiating electronic payment transactions — getting cash at ATMs, using debit and credit cards to make purchases in stores and on the Internet, banking by phone and PC, paying bills online. Twenty billion times a year, ACI software is used to process these transactions, powering the world’s online payment systems. ACI was founded in 1975 and pioneered the development of applications and networking software for online transaction processing. Today more than 530 customers in 71 countries use ACI supplied software. Visit ACI Worldwide on the Internet at [http://www.aciworldwide.com][1].

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


Atmel Level 3 Card

Atmel Corporation announced it has obtained Level 3 approval from Visa International for its AT90SC6464C Smart Card IC, an 8-bit RISC secure AVR Microcontroller, having 64K bytes of Flash program memory, 64K bytes of EEPROM and high end PKI capabilities.

Atmel is the world’s leading supplier of Flash Microcontrollers and is now the first semiconductor vendor in the world, to achieve Visa Level 3 approval on a Smart Card microcontroller having Flash program memory. Having Flash program memory can significantly shorten the development cycle by eliminating the lengthy time for mask ROM manufacture and rework either prior to or during the approval process. The security approval capability permits Smart Card manufacturers and software developers to submit products for banking and financial applications with confidence in the silicon platform such that with secure software, product certification to Visa Level 3 is achievable. With more than 1 billion magnetic stripe bank cards destined to become smart over the next few years, applications such as EMV (Europay(R) MasterCard(R) Visa payment specifications) credit and debit, electronic purse, and multi-application products, the qualification cycle time is becoming a critical issue for time to market. Add to the time for development of a new product, the time for product certification and the total is significant, running to many months. Card developers need to have confidence that their efforts will not be jeopardized by potentially insecure silicon.

About Visa Level 3 Approval

In granting Level 3 approval, Visa acknowledges that with well written secure software, the combined silicon and software embedded, in a card, can provide an end product that meets Visa’s requirements. The silicon on its own is only one component of the product which if not protected by equally secure software, may result in an end product not meeting the security level required for a given application. Since it is a component not a product, only capability approval, not full certification is granted for Smart Card ICs. But equally important without achieving a capability approval level for silicon, card providers cannot develop with confidence of achieving full certification on a given silicon platform.

Ian Duthie, Atmel’s director of secure applications, commented, “People will use electronic methods of payment only if they are confident that these methods are secure. This demands an unbreakable chain of security covering every aspect of the payment system. A vital link in this chain is the IC embedded in the payment card. We believe that formal security evaluation with international bodies is extremely important because it provides customers with a measurable standard. Visa International is recognized as an international brand which provides a level of assurance to the banking community by requiring stringent security for electronic payment systems. Level 3 approval demonstrates to our customers that our Flash Smart Card ICs offer more than flexibility and time to market, they also bring confidence built on security.”

About Atmel

Founded in 1984, Atmel Corporation is headquartered in San Jose, Calif., with manufacturing facilities in North America and Europe. Atmel designs, manufactures and markets worldwide, advanced logic, mixed-signal, nonvolatile memory and RF semiconductors. Atmel is also a leading provider of system-level integration semiconductor solutions using CMOS, BiCMOS, bipolar SiGe, and high-voltage BCDMOS process technologies.


VeriSign Offers SwiftPay

Western Union Financial Services, Inc., a subsidiary of First Data Corp. and Illuminet, a wholly owned subsidiary of VeriSign, Inc., announced the signing of a multi-year contract that will allow Illuminet to offer the Western Union SwiftPay service as a payment solution to small and mid-sized wireless carriers.

Illuminet provides a variety of innovative products and services to the telecommunications industry, including pre-paid wireless services. Under the terms of the contract, Illuminet’s carrier customers will offer its subscribers the ability to use the Western Union SwiftPay service and its network of nearly 40,000 agent locations nationwide to recharge their pre-paid wireless accounts. The addition of Western Union will significantly expand the payment networks of these carriers, allowing them to provide a convenient, nationwide pre-paid service.

“The pre-paid wireless market continues to expand dramatically in the United States,” said Joe Jackson, president, Western Union Commercial Services. “Wireless carriers are constantly seeking ways to provide additional value to their customers. That includes offering convenient ways to replenish airtime on pre-paid accounts. With Western Union’s unparalleled agent network, these carriers can be assured that their customers will be able to quickly and easily re-charge their accounts, when and where they need to.”

“We are pleased to offer Western Union’s thousands of replenishment locations coast-to-coast to the many carriers who offer Illuminet’s prepaid wireless services,” said Bob Adamany, Illuminet’s Director of Wireless Services. “Ease of replenishment, especially while roaming, is essential for a successful prepaid offering,” said Adamany.

Illuminet will conduct a gradual roll-out of the SwiftPay pre-payment option, with more than 30 carriers expected to offer the service by end of 2002. The first of these carriers, ALLTEL, has already begun offering SwiftPay to its customers as a pre-payment option. ALLTEL customers simply provide their wireless telephone number and cash payment at any of the nearly 40,000 Western Union agent locations around the country. Payment will be posted to the customer’s account on a near real-time basis, replenishing the account within minutes.

About Western Union Financial Services, Inc. and First Data

Western Union Financial Services, Inc., a subsidiary of First Data Corp. (NYSE: FDC), is a worldwide leader in consumer money transfer services. Utilizing the services of Western Union and its subsidiaries, consumers can quickly, safely and reliably transfer money at more than 117,000 Agent locations in more than 185 countries and territories. Famous for its pioneering telegraph service, the original Western Union dates back to 1851 and introduced electronic money transfer service in 1871. Western Union is currently celebrating its 150th anniversary. For more information, please visit the company’s Web site at [http://www.westernunion.com][1] .

First Data Corp., with global headquarters in Denver, powers the global economy. Serving approximately 2.6 million merchant locations, more than 1,400 card issuers and millions of consumers, First Data makes it easier, faster and more secure for people and businesses to buy goods and services, using virtually any form of payment: credit, debit, smart card, stored-value card or check at the point-of-sale, over the Internet or by money transfer. For more information, please visit the company’s Web site at [http://www.firstdata.com][2].

About Illuminet

Founded in 1981, Illuminet, a wholly owned subsidiary of VeriSign, Inc. (Nasdaq: VRSN) is a leading provider of advanced nationwide signaling and intelligent network services to the communications industry. Connection to the Illuminet network gives carriers access to the system of signaling networks of nearly the entire U.S. public-switched telecommunications infrastructure through a single source. Illuminet specializes in SS7 network services and intelligent network solutions for services such as calling name delivery, calling card validation, domestic and international wireless roaming, wireless clearing, inter-carrier SMS interoperability, number portability, network usage measurement, Operations Support System (OSS) interconnection, toll-free and other specialized database access functions, including real-time account management for providers of prepaid wireless services. Illuminet’s headquarters are at 4501 Intelco Loop SE, Lacey, WA 98503; (360) 493-6000; [http://www.illuminet.com][3] .

About VeriSign

VeriSign, Inc. (Nasdaq: VRSN) is the leading provider of digital trust services that enable everyone, everywhere to engage in commerce and communications with confidence. VeriSign’s digital trust services create a trusted environment through three core offerings — name, authentication and payment services — powered by a global infrastructure that manages more than five billion network connections and transactions a day. Additional news and information about the company is available at [http://www.verisign.com][4] .

[1]: http://www.westernunion.com/
[2]: http://www.firstdata.com/
[3]: http://www.illuminet.com/
[4]: http://www.verisign.com/


MasterCard & Zagat

MasterCard and the Zagat Survey have teamed to expand the use of MasterCard cards in elite dining rooms and increase the ubiquity of Zagat Survey content. MasterCard will jointly host a series of forums with Zagat to show restaurants how they can upgrade their service, better manage the bottom line, improve their marketing, develop successful promotions, create popular menus and wine lists, and achieve long-term profitability by winning customer loyalty. Other elements of the alliance include participation in industry events, as well as increased presence for MasterCard on Zagat’s Web site, and distribution of Zagat’s guidebooks via MasterCard channels.


2002 Card Resolutions

More than 60% of Americans say they plan to charge less to credit cards this year, but only 31% say they will use their debit cards less during 2002 than last year. An amazing 94% indicate they will pay down credit card debt during 2002, according to a home page poll by CardWeb.com. Among other consumer resolutions for 2002: more than 80% plan to save more in 2002, but only 14% plan to consolidate credit card debt to a home equity loan or home mortgage in 2002. When it comes to travel, 56% of consumers say they will travel the same or less than last year.


Visible Snags Cernitz

Amanda Cernitz, a veteran of the retailing and retail consulting industries, has joined Visible Results USA Inc. as director of business development. Visible Results USA is a subsidiary of New Zealand-based Visible Results Group of Companies, a world leader in the provision of thermal read/write loyalty card programs to retailers and other branded marketers. “Amanda is a valuable team player with extensive business development experience in the retail and petroleum sectors that can benefit from our technologically advanced GraphiCardTM loyalty programs,” said Gerald Lewis, chairman of Visible Results USA. Visible Results’ patented GraphiCardTM technology differs from other loyalty card applications by displaying ‘real-time’ point totals and personalized special offers directly on the card. Ms. Cernitz, who will work in the New York office, will focus on the development of new business sales and marketing initiatives, strategic planning, and relationship development with existing and potential customer companies.

Before joining Visible Results, the Manhattan resident was vice president-business development for CDI Group, Inc., responsible for sales and marketing initiatives that promoted the New York-based firm’s retail consulting, design and implementation services. She also served as project director for some of the company’s key convenience, gasoline and supermarket sector clients.

>From 1994 to 1999, Ms. Cernitz held positions as vendor shop designer and store planning-visual merchandising manager for the vendor shop program of Liz Clairborne, Inc.’s Accessories Division. In the latter position, she was responsible for developing visual presentations that maximized consumer response to the Liz Clairborne brand, and also negotiated financial and space arrangements with retailers and store planners, maintaining 451 shops throughout the U.S. and Canada.

Earlier in her career, Ms. Cernitz held positions with New York-based architectural and design firms, where she was involved in construction design for commercial interior spaces with such clients as American Express and Chemical Bank.

She holds a degree from Syracuse University’s School of Architecture’s five-year bachelor’s program.

About Visible Results

Since its inception in 1997, Auckland, NZ-based Visible Results Group of Companies (a business unit of Atlantis Group) has emerged as one of the world’s leading customer relationship firms, serving a growing client base across convenience, fast food, fuels and the general retail industry. The company established its Visible Results USA subsidiary and a base in the US through the February 2001 acquisition of GraphiCard Systems International (GSI), Overland Park, KS. The purchase included the worldwide intellectual property patents to the unique technology that underlies all Visible Results GraphiCard™ programs. Visible Results USA established a marketing office in New York City in May 2001, following the addition of veteran retail and consumer products marketing consultant Gerald Lewis to its team as Chairman. For further information, visit the company’s website at: [http://www.visibleresults.com][1].

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


Twenty-Ten Investment

Experian, a leading provider of global information solutions, announced it has made a strategic equity investment in Twenty-Ten Inc., a leading consulting/data solutions provider that specializes in developing targeting systems that can be used to predict consumer behavior. The investment expands the breadth of Experian’s data and decision support and analysis services. Twenty-Ten not only helps marketers better understand their most desirable customers and prospects in order to make more informed decisions, it also provides a powerful tool for reaching them.

As part of the investment, Experian will be the primary supplier of data to fuel Twenty-Ten’s multi-behavioral targeting system, called TOPS. This system was designed to simultaneously target multiple, profitable behaviors in order to consistently isolate the highest value consumers. TOPS can be used in direct mail campaigns to target consumers with the highest return on investment (ROI) for multiple industry verticals, including consumer packaged goods and pharmaceutical. TOPS begins by constructing a behavioral profile utilizing profitability variables such as price sensitivity, brand loyalty and current brand selection. It then projects an economic value score for each consumer based upon his or her behavioral profile.

“Today’s business environment has escalated the need for accurate and timely information about the preferences, needs and purchase behaviors of existing and potential customers,” said Mac Rodgers, president, information and manufacturing services for Experian’s marketing solutions business unit. “With Experian’s robust data and Twenty-Ten’s profitable multi-behavioral targeting system, marketers are able to optimize relationships with the most profitable customers.”

“This investment affirms our strong commitment to partner with an industry leader that increases the strength of our solutions,” said Sheldon Smith, president, Twenty-Ten. “Experian’s position in the marketplace, coupled with its extensive data assets provide us with the opportunity to broaden applications for our unique targeting system. With this investment, we look forward to creating value for our customers in more industries and with a greater range of advanced targeting products.”

Specific terms of the agreement were not disclosed.

About Experian

Experian enables organizations to find the best prospects and make fast, informed decisions to improve and personalize relationships with their customers. It does this by combining sophisticated and intelligent decision-making software and systems with some of the world’s most comprehensive databases of information on consumers, businesses, motor vehicles and property. Through multi-channel delivery of its Web-based products and services, Experian enables its clients to conduct secure and profitable e-business and develop state-of-the-art Customer Relationship Management (CRM) systems for communicating and building relationships with customers. Experian is a subsidiary of GUS plc and has headquarters in Nottingham, UK, and Orange, Calif. The company’s 12,000 people support clients in more than 50 countries. Annual sales are approximately $1.5 billion.

For more information, visit the company’s Web site at [http://www.experian.com][1] .

Twenty-Ten Inc.

Twenty-Ten Inc. was incorporated in Canada in 1999. It responds to the market demand for a targeting system that can predict profitable consumer behavior at the individual level. Each application is customized to a brand and specific set of marketing objectives. The company’s proprietary TOPS Targeting System enables the most compelling message or incentive to be linked with the most profitable prospect. This market-proven service offers a new framework for developing and implementing profit optimized marketing strategies.

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



Seng Heng Bank Limited, the largest acquiring
bank in Macau, and MasterCard International announced the launch of the
first prepaid debit card program in Macau, called Multi-Link.
The introduction of Multi-Link is a milestone in the history of Seng Heng Bank
and MasterCard and introduces two “firsts.” Multi-Link is the first prepaid
debit card issued in Greater China. This is also the first time that PC
terminals can be used to activate cards and implement online value
reloading in
Asia Pacific.

Multi-Link is an online PIN (personal identity number) based prepaid debit
card. Cardholders can use the Multi-Link card to withdraw cash from a network
of 634,000 MasterCard/Maestro/Cirrus ATMs and make purchases at more than 4.3
million acceptance locations with Maestro terminals around the world.
Individuals do not need a bank account with Seng Heng Bank in order to apply
for Multi-Link. They buy a Multi-Link card and then reload additional funds at
designated branches of Seng Heng Bank. Tapping into MasterCard’s prepaid card
platform, Multi-Link furnishes a secure and convenient environment for card

According to Mr. Paul Cheung, Group General Manager of Seng Heng Bank, “We
would like to take this opportunity to thank MasterCard for its support in
launching the first prepaid debit card, Multi-Link, in Greater China. Being
pioneer product in this untapped debit card market, Multi-Link provides
functions to cardholders. For those permanent residents without a credit card,
Multi-Link is an electronic traveler wallet for frequent travelers. For
temporary Macau residents, it is a substitute product with similar functions.
For non-Macau residents who need to transfer funds abroad, it is a handy
electronic safe box.”

Multi-Link is an alternative means for payment. Funds can be conveniently
deposited in Macau and then withdrawn overseas, and the respective charges are
cheaper than the normal way of remitting payment. Multi-Link can also be used
as a cash purse for persons studying abroad, as cardholders can deposit cash
into their children’s accounts. It can also serve as an electronic gift
voucher, providing a safe, secure way of giving cash gifts.

“We are delighted to join Seng Heng Bank to introduce the first prepaid debit
card, Multi-Link, in Greater China. The card is also a demonstration of our
commitment to helping our member financial institutions explore new market
opportunities. We are confident that Multi-Link will be an excellent start for
our further development of prepaid debit cards in the Greater China region,”
said Mr. Simon Hoi, Vice President, Southern China, MasterCard International.

About Seng Heng Bank

Seng Heng Bank was established in 1972 and has grown to become the second
largest locally incorporated bank in Macau. The Bank provides a full range of
financial services, including corporate banking, retail banking, private
banking, treasury services, consumer financing, credit/debit card issuing and
merchant acquiring, insurance agency and investment management. The Bank has
for a long time established a leading position in the local credit card

For the fifth consecutive year, the Bank had been awarded the “Highest Market
Share in Merchant Purchase Volume” by MasterCard International, in recognition
of the outstanding performance in merchant acquiring. In September 2001, the
Bank received the “2001 Bank of the Year” Award for Macau from the “The
publication of the U.K. Financial Times Group on the basis of the Bank’s
performance, achievements, technology applications and overall development
strategy. The Bank can be reached through its World Wide Web site at

MasterCard International has a comprehensive portfolio of well-known, widely
accepted payment brands including MasterCard, Cirrus and Maestro. More than
billion MasterCard, Cirrus and Maestro logos are present on credit, charge and
debit cards in circulation today. An association comprised of more than 20,000
member financial institutions, MasterCard serves consumers and businesses,
large and small, in 210 countries and territories. MasterCard is a leader in
quality and innovation, offering a wide range of payment solutions in the
virtual and traditional worlds. MasterCard’s award-winning Priceless
advertising campaign is now seen in 80 countries and in 40 languages, giving
the MasterCard brand a truly global reach and scope. With more than 22 million
acceptance locations, no card is accepted in more places and by more merchants
than the MasterCard Card. At September 30, 2001, gross dollar volume exceeded
US$704 billion. MasterCard can be reached through its World Wide Web site at