Free Phone Card Calls

Net2Phone Direct, Net2Phone Inc.’s phone-to-phone Internet telephony service, will offer free domestic phone calls anywhere in the United States all day on Father’s Day June 20th.

There are two ways to sign up. First, users who sign up through the Net2Phone Direct web site,, will be able to take advantage of free phone calls all day Father’s Day immediately upon registering. Users interested in taking advantage of Net2Phone’s low 7.9 cent a minute domestic rate can do so by simply sending their credit card information over Net2Phone’s secure web site.

Alternatively, users can sign up for Net2Phone Direct’s 7.9 cent a minute rate between now and Father’s Day by calling 800-989-4382 and take advantage of the free calling all day Father’s Day.

“With our special free calling all day Father’s Day, we are helping friends and family keep in touch,” said David Greenblatt, Chief Operating Officer of Net2Phone. “Internet telephony is easy to use, reliable and inexpensive, and this new promotion gives people the chance to use our product for free.”

Net2Phone Direct users call a toll-free or local number, which connects the call to a local gateway, which digitizes the caller’s voice and puts it onto Net2Phone’s IP backbone. The system then prompts the user to enter their account number and the telephone number they wish to reach. The call is carried over the Internet to another gateway located close to the recipient’s area, which switches the call onto the local telephone network, and completes the call — all within seconds.

Net2Phone is a leading provider of voice-enhanced Internet communications services to individuals and businesses worldwide. Net2Phone enables people to place low-cost high quality calls from their computer, telephone, or fax machine to any telephone or fax machine in the world. Net2Phone develops and markets technology and services for IP voice and e-commerce solutions for the web and other IP networks. For more information about Net2Phone’s products and services, please visit [][1].

Except for historical information, all of the expectations and assumptions contained in the foregoing are forward-looking statements involving risks and uncertainties. Important factors that could cause actual results to differ materially from such forward-looking statements, include, but are not limited to, the competitive environment for Internet telephony, changes of rates of all related telco rates and services, legislation that may affect the Internet telephony industry, Net2Phone’s ability to operate the services described on a large scale commercial level. For additional information regarding these and other risks associated with the company’s business refer to the company’s filings with the SEC.



Priceless Award

Priceless Demo Commercials

[G2 RealVideo Format – “Holiday Shopping In UnderWear” – Priceless Commercial][1] [G2 RealVideo Format – “Being Happy With Who You Are” – Priceless Commercial][2]

Priceless Demo Print Ads

[“A Day Where All You Have To Do Is Breath – Priceless Print Ad”][3] [“A Weekend With Golf Greats – Priceless Print Ad”][4]

[3]: /cardflash/secure/oldstatic/secure/ads/massage2.gif
[4]: /cardflash/secure/oldstatic/secure/ads/golf.gif


MPS Renews KY CU

Midwest Payment Systems announced it has renewed a five-year contract to provide electronic funds transfer and Jeanie ATM processing services to Commonwealth Credit Union. Headquartered in Frankfort, Kentucky, Commonwealth Credit Union has $394 million in assets.

“Midwest Payment Systems has proven itself to be reliable and cost- efficient,” said Karen Harbin, Vice President, Commonwealth Credit Union. “We found the company to be technically superior to other processing services. We have been very satisfied with the services MPS has provided to us.”

“We are pleased to be able to offer Commonwealth Credit Union the best EFT services we possibly can,” said Barry L. Boerstler, Executive Vice President, Midwest Payment Systems. “Commonwealth Credit Union made the right decision by renewing their contract with MPS.”

MPS is a subsidiary of Fifth Third Bancorp. MPS processes almost three billion ATM and POS transactions per year for more than 55,000 retail locations and financial institutions worldwide, including Federated Department Stores, The Kroger Co. and CompUSA. MPS’ merchant customer base generates more than $30 billion in credit card sales annually.

Fifth Third Bancorp is a diversified financial services company headquartered in Cincinnati, Ohio. The Company, which is Y2K ready, has $29.7 billion in assets, operates 12 affiliate banks with 484 full-service Banking Centers, including 108 Bank Mart(R) locations open seven days a week inside select grocery stores and 1,202 Jeanie(R) ATMs in Ohio, Kentucky, Indiana, Florida, Arizona and Michigan. Fifth Third’s financial strength continues to be recognized by rating agencies with deposit ratings of AA- and Aa2 and commercial paper ratings of A1+ and P1 from Standard & Poor’s and Moody’s, respectively. Fifth Third operates four main businesses: Retail, Commercial, Investment Advisors, and Midwest Payment Systems, the Bank’s data processing subsidiary. Investor information and press releases can be viewed at; press releases are also available by fax at no charge by calling 800-758-5804, identification number 281775. The company’s common stock is traded in the over-the-counter market through the Nasdaq National Market under the symbol “FITB”.


InfiCorp Deal

WV-based WesBanco, Inc. confirmed yesterday it has entered into a credit card issuing alliance with Atlanta-based InfiCorp Holdings, Inc. (The news was first reported in the June 8 issue of CardFlash.) Under terms of the agreement InfiCorp has acquired WesBanco’s existing $15 million credit card portfolio and will continue to provide WesBanco-branded credit card products to consumers in WesBanco’s local market area. WesBanco indicated it made its decision due to increasing competition and InfiCorp’s commitment to a customer focus and relationship pricing. InfiCorp predicts that a strong credit card program can yield long-term dividends to WesBanco through strengthened relationship programs, expanded cross-sell opportunities and enhanced brand awareness. InfiCorp Holdings, Inc. provides clients with a range of specialized credit card portfolio management and issuing solutions through principal subsidiaries InfiStar Corp. and InfiBank, a Georgia-chartered bank.


ATM File Manager

ACI Worldwide announced Monday the addition of a file management application to its ‘BASE24’ product suite. The new ‘BASE24-file manager’ enables users to download and collect files from Diebold ATMs. First Union initially used ‘BASE24-file manager’ to distribute Y2K corrective service fixes to more than 3,700 Diebold ATMs. However First Union says the new ‘BASE24-file manager; also gives the bank the ability to target market banking services by distributing specific graphics files to selected ATMs. FU can advertise and promote specific services at a single ATM, or series of ATMs, and update the marketing messages electronically. ‘BASE24-file manager’ integrates with ACI’s ‘BASE24-atm’ and ‘BASE24-pos’ transaction processing applications, currently used by First Union and more than 300 financial institutions and retailers around the world.


ECML Update

The ECML alliance, announced yesterday (CardFlash 6/14), indicated it intends to transfer management responsibilities for the new ECML digital wallet standard to a recognized standards body where it can be maintained and promoted. The new universal format for e-commerce digital wallets was endorsed Monday by America Online, American Express, Compaq, CyberCash, IBM, MasterCard, Microsoft, SETCo, Sun Microsystems, Transactor Networks, Trintech, and VISA. Initial online merchants supporting ECML include, Dell Computer Corp.,,,, Omaha Steaks,, and 1-800-Batteries.The format, known as Electronic Commerce Modeling Language (ECML), utilizes a set of uniform field names that streamlines the process by which merchants collect electronic data for shipping, billing and payment. The specification is available to merchants at


Dead Set?

The latest issue of InternetWeek asserts that VISA has “hammered the final nail in SET’s coffin” with its latest credit card processing gateway which couples SSL encryption with bank-issued digital certificates. The magazine says the SET protocol is overly complex and expensive. Consumers do not see the value and most e-storefronts have ignored it. Indeed a recent Forrester Research survey found that just 1% of U.S. e-businesses plan to migrate to SET. The article also points out that Wells Fargo is also prepping a SET-free payment-processing service that adds certification to SSL data encryption.


Universal Money ATMs

KS-based Universal Money Center reported revenues for the first quarter ending Apr. 30, of $1.4 million as compared to $1.2 million for the first quarter 1998. The company reported net income of $20,264 for the first quarter ended April 30, 1999, compared to net income of $45,791 for the first quarter ended April 30, 1998. The number of ATMs in the company’s network increased to 418 ATMs in the first quarter 1999, from 321 in the first quarter ended 1998.


Blue Jays VISA

Bank One’s International Credit Card Division announced Monday an agreement with the Toronto Blue Jays Baseball Club to launch a new VISA credit card in Canada. The new Blue Jays VISA card will be officially launched later this summer and will feature customized designs, no annual fee, competitive rates, and targeted benefits exclusively for Blue Jays fans. Bank One/First USA currently has 1,500 cobranded/affinity programs worldwide. In Canada, Bank One currently offers the Edmonton Oilers VISA card.


Glitch Free

First National Bank of Omaha’s Credit Card Center eliminated the troublesome electrical grid glitch problem yesterday. With the flick of a switch, FNB Omaha’s 200,000 sq. ft. technology center switched over to a pioneering on-site power plant that uses a fuel cell as its primary power source instead of the electric utility’s grid. CT-based ONSI Corp. has installed four ‘PC25’ fuel cells as part of a new Sure Power ‘High Availability Power System’. Sure Power Corp., also CT-based, specializes in systems for reliable, computer-grade electricity. A fuel cell is similar to a battery. It uses an electrochemical process to directly convert chemical energy into electricity and hot water. Each ‘PC25’ fuel cell generates 200 kilowatts of electricity, enough to supply electricity for nearly 150 homes. Because the fuel cell does not burn gas, it operates virtually pollution free. The National Power Laboratory estimates that the typical computer location experiences 289 power disturbances a year that are outside the voltage limits of the computer equipment. First National Omaha says the new power system gives it a competitive advantage.