Global Payment Systems announced Wednesday that it has become a charter member of Global Commerce Forum, a worldwide industry association created to develop and promote electronic commerce.
The association membership enables Global Payment Systems to participate with a leading cross-section of the industry to discuss issues and strategies for the advancement of electronic commerce. The association was jointly founded last year by Hewlett-Packard Company, VeriFone and EDS. Other charter members include Citibank, Commonwealth Bank of Australia, MasterCard International, Mondex USA, NETS, NOVUS Services, Inc., Paymentech, Sistema 4B, Sumitomo Credit, Visa International and Wells Fargo Bank.
The association initially representing North America, Europe, and Asia, emphasizes the open exchange of information and ideas between global technology partners and financial services institutions to shape the direction and changes in electronic commerce technology.
“Our participation gives us the opportunity to monitor the pulse of the industry as well as share knowledge and gain expertise relating to electronic commerce,” said David K. Hunt, president and CEO of Global Payment Systems. “It also allows us to introduce our e-Global solutions to a wider market.” According to Hunt, these represent a combined product line of traditional electronic authorization and draft capture, electronic data interchange (EDI), financial electronic data interchange (FEDI), electronic data delivery services and the new Internet, chip card, debit and ebt programs.
Bob Murphy, director, Global eCommerce Forum & Integrated Payment Systems at VeriFone, said: “This forum is a strategic industry initiative designed to provide leadership for global adoption of electronic commerce. Its goal is to facilitate and promote open electronic commerce to accelerate the growth of the market.”
National Data Corporation is a leading provider of payment systems and health information services solutions that add value to its customers’ operations.
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