GlobeSet Beefs Up

GlobeSet, Inc. has announced general availability of the GlobeSet Payment System, a suite of four applications based on the Secure Electronic Transaction 1.0 protocol. The GlobeSet Payment System is available through GlobeSet’s OEM channel partners, including Tandem Computers, Hypercom Corporation, and Sun Microsystems.

In another release today, GlobeSet announced GlobeSet Payment System support for major platforms including IBM AIX, HP-UX, Sun Solaris, Windows NT, and Digital Unix. Support for Tandem’s NonStop Kernel (NSK) platform will be available first half of 1998.

General availability of the GlobeSet Payment System represents another example of GlobeSet’s leadership role in SET technology. Developed by MasterCard, Visa, and their technology partners, including GlobeSet, SET is recognized as the emerging standard for secure payment card transactions over the Internet.

The GlobeSet Payment System includes all four applications required for SET transactions:

— GlobeSet Wallet, a cardholder application that stores a buyer’s account information and communicates with merchants via the SET protocol

— GlobeSet POS, a software point-of-sale application that connects the merchant to the buyer’s electronic wallet and to the financial payment gateways

— GlobeSet Gateway, a payment gateway application connecting the merchant to the payment processor’s legacy systems for payment authorization

— GlobeSet CA, a digital certificate application that generates and manages the digital identification certificates supporting SET-based, public-key encryption

“This has been an incredible year for GlobeSet,” said Michael Cation, chairman and CEO. “The SET market has evolved faster than anyone expected, and GlobeSet has been helping our OEM partners keep up the pace with first-to-market implementations in the U.S. and Europe. Now, with product general availability, we’re ready to move even faster with the best technology, in-depth implementation experience, and a proven OEM strategy to ensure that our partners can continue to expand their leadership in markets all over the world.”

About GlobeSet

GlobeSet provides a fully integrated suite of SET applications for secure, credit card transactions over the Internet. A member of the SET protocol design team, the company has passed SET compatibility testing sponsored by Visa and MasterCard (May, 1997). GlobeSet is a strategic SET solution provider for Tandem Computers, a Compaq Company. GlobeSet also provides SET solutions to Hypercom Corporation and Sun Microsystems. Founded in 1994, GlobeSet is a privately held corporation headquartered in Austin, Texas.

Additional information on GlobeSet is available on the World Wide Web at .


ibill TP

Internet Billing Co., Ltd. (ibill) unveiled yesterday at Fall Internet World 97 a functionally rich, turnkey e- commerce management solution for Web sites with an existing Internet merchant account. The new online billing solution, called ibill TP (Transaction Processing), delivers transaction data and transaction management capabilities previously unavailable to Web administrators from e-commerce solutions providers, the company said.

![][1] ibill TP is being implemented through two of the company’s online billing products: Credit Card Subscription Sales TP, a real-time credit card processing service for one-time or recurring billing optimized for Web sites selling content and services; and Catalog Sales TP, a merchandise ordering/credit card payment solution for Web sites selling tangible products.

Both of these ibill TP-implemented products are targeted at transaction- intensive sites, and/or those that want to manage their own accounts. Because ibill provides a secure, packaged transaction processing infrastructure, Web- site costs normally associated with acquiring an internal proficiency in transaction technology, or developing an in-house transaction processing infrastructure, have been eliminated. The result is rapid account creation with no setup costs.

“Creating a billing module of this dimension from scratch would be prohibitively expensive for many Web sites, both in terms of cost and in time required to build the technical expertise and staff,” said Cathy Josey, ibill Vice President of Sales. “With ibill TP, we provide not only the secure processing environment, but the management tools necessary to effectively operate an e-commerce business.”

ibill CMIs — Channel To Transaction Management

ibill TP is comprised of three components: ibill secure transaction processing enabling Web sites to submit charges to the credit card authorization network, ibill’s turnkey point-of-sale interface for presenting payment options and proofs-of-purchases to Web site customers, and ibill’s exclusive Commerce Management Interfaces (CMIs) enabling Web administrators to directly manage all aspects of the transaction, including data entry, accounting, and customer service functions.

Through ibill CMIs, Web administrators have the capability to track transactions via credit card number, process refunds directly, modify payment options, and other transaction management functions. All data is available for download in various formats. Administrators have access to transaction data 24 hours a day, 7 days a week for Account Maintenance (setup/ data entry), Customer Service (end-user billing/merchandise tracking inquiries), and Sales Reporting (sales tracking and monitoring), Josey said.

No Setup Costs

Web sites can be fully operational within 48 hours, with no setup costs and no software to install. Credit Card Subscription Sales TP and Catalog Sales TP are available now. “In addition, ibill is making available Basic TP for Web sites who have their own point-of-sale software running a secure Web server, and who wish to use ibill merely as their conduit to the credit card authorization network,” Josey said.

For technical or sales information on ibill TP or other ibill online billing solutions, contact: Cathy Josey, Internet Billing Co., Ltd., 5701 Pine Island Rd., Suite 240, Fort Lauderdale, FL 33321, Telephone: 888-237-1764, or fax: 954-726-3748, e-mail, [email protected]; or visit the company’s Web site at .

About ibill:

Internet Billing Co., Ltd. is a leading worldwide provider of secure online payment processing and services for business-to-consumer and business- to-business electronic commerce. The company’s robust transaction processing environment affords Web merchants a full menu of functionally rich, turnkey options to enable payment for goods and services purchased over the Web. In addition to its standard products and services, ibill develops customized billing solutions to meet unique online transaction processing applications.

Founded in October 1996 in Fort Lauderdale, Fla., ibill is developing Technology Partnerships with other leading e-commerce technology companies, including Fujitsu Systems Business of America, San Jose, Calif. ibill is a privately held company.

[1]: /graphic/ibill/tp.gif


E-Bills on Quicken 98

Intuit Inc. announced Wednesday that it plans to enable consumers to view electronic bills in the new version of its best-selling personal finance software program, Quicken 98 for Windows. The new service, Online Billing through Quicken 98, is based on an open architecture electronic bill presentment server solution featuring the Open Financial Exchange data communications protocol. The Open Financial Exchange specification was initially created by Intuit, Microsoft and CheckFree and is now supported by a broad array of financial service, processing and technology companies.

Intuit’s open architecture approach to bill presentment is supported by leading technology and financial services companies and divisions including Apple WebObjects(TM), BellSouth, BlueGill Technologies, CheckFree, Florida Power & Light, GPU Energy, Illinois Power Company (an Illinova Corporation), Integrion, International Billing Services, Just in Time Solutions, Oracle, and Visa.

The Intuit bill presentment server solution will offer bill publishers, including billers themselves, the ability to extend the biller’s branded look and feel to their electronic bills, and offer them choice and flexibility in implementing electronic bill presentment programs.

Intuit is currently planning a pilot of Online Billing later this month. Online Billing will enable bill publishers to maintain updated billing summaries on an Open Financial Exchange server, with links back to their respective Web sites for statement details. Bill publishers will also have the option of designing their services so that consumers, using the embedded browser technology in Quicken 98, can connect directly to their sites to get both bill summary and detailed bill information. Bill publishers will retain control of actual billing detail on their respective sites in both scenarios. Upon launch, Online Billing will for the first time link electronic bill presentment with the online banking and billpay services Quicken users have enjoyed for years. Consumers will be able to review a consolidated list of bills, including the amount and date due, and pay each or any of the bills — all from the strongly bank-branded environment within Quicken.

Intuit also announced it intends to integrate its bill presentment server solution to support financial institutions using Integrion’s Interactive Financial Services (IFS) platform. Integrion and Intuit recently announced a joint effort to develop server technology that translates Intuit financial software transactions into Integrion’s Gold Standard messages, and Intuit and Integrion continue to work toward converging Open Financial Exchange and the Gold Standard.

“Integrion fully supports Intuit’s and its partners’ approach to electronic bill presentment, as it is consistent with our member banks’ strategy of full participation in an open bill presentment industry,” commented Bill Fennimore, President of Integrion, a consortium of 17 leading banks, IBM and Visa U.S.A.

“Quicken 98 can help banks make electronic billing and payment a reality,” said Pete Kight, Chairman and CEO of Checkfree. “With a world-class interface and a trusted bank brand, Quicken users everywhere will soon be enjoying the convenience of true financial electronic commerce.”

Intuit also plans to support Visa’s ongoing development of bank-centric bill presentment solutions. “Visa is committed to the development of member-enabling bill presentment technology,” said Bill Stewart, Executive Vice President, Systems and Operations, of Visa U.S.A. “We are pleased to join with Intuit, CheckFree and Integrion in our strong support of open electronic bill presentment solutions.”

“Being able to electronically receive, review and pay bills all in one place is a huge consumer benefit,” said Eric Dunn, Senior Vice President and CTO of Intuit. “The benefits of the open architecture solution are less obvious but no less profound — bill publishers can exercise choice in their delivery strategies without getting locked into proprietary systems.”

Billers supporting the Open Financial Exchange specification will be able to deliver their bills via Quicken, via aggregating Web sites and also through their own Web sites and other consumer interfaces. Online Billing will be the first end-to-end bill presentment solution employing Open Financial Exchange for both biller and client-originated communications. The Intuit bill presentment server solution was developed in concert with Just In Time Solutions of San Francisco using Apple WebObjects technology.

About Open Financial Exchange

Open Financial Exchange is a unified specification for the electronic exchange of financial data between financial institutions, business and consumers via the Internet. Open Financial Exchange supports a wide range of financial activities including consumer and small business banking, consumer and small business bill payment, bill presentment, and investments, including stocks and mutual funds. The Open Financial Exchange specification is publicly available for implementation by any financial institution or vendor.

About Intuit

Intuit Inc., a financial software and Web-based services company, develops and markets Quicken, the leading personal finance software; TurboTax, the best-selling tax preparation software; and QuickBooks, the most popular small business accounting software. Intuit’s Web site offers a complete set of personal financial news, information and tools including the leading mutual fund and insurance sites. Intuit’s products and services enable individuals, small businesses and financial professionals to better manage their financial lives and businesses.

This press release contains forward-looking statements about results or other events that have not yet occurred. This includes, but is not limited to, statements related to the expected launch and other details of the electronic bill payment feature in Quicken. These actual results or events to differ materially from those anticipated. Such factors include, but are not limited to, potential technical problems in developing the feature and integrating it with a variety of bill publishers’ systems, and Intuit’s ability to successfully negotiate agreements with billers and bill publishers. Intuit assumes no responsibility to update any forward-looking statements to reflect events occurring after the date of this press release. Information about other factors that could affect future results and events is included in Intuit’s fiscal 1997 Form 10-K filed with the Securities and Exchange Commission.

NOTE: Quicken, Intuit and the Intuit logo, among others, are registered trademarks and/or registered service marks of Intuit Inc. in the United States and other countries. Other brands or products are trademarks or service marks of their respective holders and should be treated as such.

Quotes from industry leaders supporting Intuit’s open architecture approach to bill presentment:

Apple WebObjects:

“Intuit’s electronic bill presentment solution delivers on Apple’s commitment to creating dynamic, content-rich, end-user experiences for the Web. Apple WebObjects was pleased to provide the underlying technology to facilitate Intuit’s next leap in making online financial electronic commerce a reality.”

David Kay, Senior Product Line Manager, Apple WebObjects

BlueGill Technologies:

“Online Billing through Quicken 98 is destined to be one of the most powerful services in the emerging bill presentment industry. Most of our customers in the utilities and telecommunications industries plan to use Open Financial Exchange for connecting their 1 to 1 Server(TM) to Intuit’s bill presentment server.”

Hal Davis, CEO, BlueGill Technologies

Florida Power & Light:

“For FPL customers who use an on-line financial software, this will allow them a quicker and easier way to pay their electric bill.”

Jim Bice, Customer Service Manager of Business Process Improvement.

GPU Energy:

“We welcome the addition of electronic bill presentment to the Quicken product. We pioneered electronic bill presentment with CheckFree Corp. and have encouraged the development of other bill presentment channels. With Quicken being offered by many financial institutions, we will be able to present our bills electronically to a lot more of our customers.”

Peter Byrne, Electronic Commerce Consultant, GPU Energy

Illinois Power Company (an Illinova Corporation):

“As a customer-focused utility, we look forward to offering electronic bills through Online Billing. We’re dedicated to bringing the best services to as many customers as possible, and this product allows us to provide highly valued services to our customers and set Illinois Power apart from other utilities.”

Tony Harris, Director of Customer Support Services, Illinois Power Company (an Illinova Corporation)

International Billing Services:

“In today’s competitive business climate, companies who can provide their customers with a variety of statement presentment and payment options have a distinct advantage. Our plan to work with Intuit to offer electronic statement presentment and payment through its popular Quicken program is another, very exciting step toward our goal of providing complete statement processing services.”

Randy Lintecum, President, International Billing Services

Just in Time Solutions:

“Intuit’s Online Billing service is the first true client implementation of the Open Financial Exchange-based Internet Billing standard. Now, we’re building robust back-end server products that large billers such as telephone and credit card companies will use to present bills to customers over the Internet.”

Mike Lanza, CEO and president, Just in Time Solutions


“Electronic Bill Presentment is an excellent example of Network Computing and its benefit for the consumer and Oracle intends to participate in this area through the support of the Open Financial Exchange specification.”

Beatriz Infante, Senior Vice President, Application Server Division


iCat Lemonade Stand

iCat Corporation, the provider of the market-leading iCat Electronic Commerce Suite, announced Tuesday that the first seven hosting companies that will offer iCat’s new entry-level Internet storefront creation solution to their business clients. The product, code-named “iCat Lemonade Stand,” will be previewed at Fall Internet World this week in New York City and is expected to ship in the first quarter, 1998. The announced partners include Epoch Internet, Internet Direct, Creative Data Concepts, The Catalog Site, WOWFactor, and DeltaCom in the US, as well as the Ngage Electronic Commerce division of MTS Advanced, one of Canada’s largest hosting companies. Separately the company also announced relationships with Hewlett-Packard, Sun Microsystems, and UPS that will be working with iCat to promote and deliver the product.

With iCat Lemonade Stand, businesses will be able to easily, quickly, and affordably create their first Internet storefront, and have the ability to add more sophisticated functionality as their Web store changes from a trial venture to a mission-critical part of their business. iCat Lemonade Stand is the entry-level product in a complete family of e-commerce solutions from iCat. When businesses are ready to scale their e-commerce commitment, they can seamlessly upgrade to more advanced functionality included in the iCat product line.

“With these leading ISPs hosting and marketing iCat Lemonade Stand, millions of small and medium-sized businesses will finally be able to participate in the growing success of Web commerce,” said Craig Danuloff, iCat’s president and CEO. We’re thrilled to have this elite and diverse group of companies already committed to this new product. Together we’re going to eliminate the technical and financial barriers preventing a majority of merchants from selling on the Internet.” “Integrating an affordable e-commerce solution is highly requested by thousands of existing businesses that our company hosts nationwide,” said Edward Stern, marketing strategist for Epoch Internet, a first-tier Internet Service Provider. “iCat’s new product further allows us to attract a wider range of new customers by rounding out our scalable line of e-commerce solutions.”

The technology, which requires no software to be installed on the merchant’s system other than their Web browser, will be available on a monthly subscription-based pricing model through the hosting companies. When the software is installed on the host Internet servers, merchants can access the site and create stores independently, without host intervention. Web hosting providers will have extensive host management and reporting tools and the capability of creating a host mall of all catalogs. iCat Lemonade Stand will initially be available for Windows NT Internet servers, and later for UNIX platforms, such as Hewlett-Packard’s HP-UX and SUN Solaris.

“From a simple product catalog with secure credit card processing to sophisticated back-office integration, iCat understands that merchants’ needs and budgets differ greatly,” said Paul Kraaijvanger, vice-president of Internet Direct. “We’re excited to offer a truly scalable commerce path, and look forward to working with iCat to help small to medium-size businesses reap the benefits of selling products and services online.”

Easy for Merchants to Set Up Shop

Designed for the novice computer user, the new product uses step-by-step wizards which walk the merchant through the process of designing their store, adding product information, and selecting shopping cart options. Users simply access an iCat Lemonade Stand site using their Internet browser-no software is installed on the user’s workstation-and begins managing the day-to-day business of an Internet store. iCat’s technology allows merchants to create a store containing unlimited products, pictures, prices, descriptions, and more. Merchants can accept secure payments via credit card (with optional real-time payment processing), check, or COD and retrieve orders and sales reports via email or browser.

WOWFactor, one of the iCat Lemonade Stand hosting providers, is creating advantages for women in the digital economy by providing useful Web services and expertise to buyers and sellers. “WOWFactor is targeting women business owners who want simple, flexible Web solutions and frankly, iCat’s new technology offering nails it!” commented Margaret McGillin, president of WOWFactor. “The technology is so easy to use, business owners don’t need to hire a Web developer or consultant.

WOWFactor is pleased to work with iCat to offer the service at the price points the work-at-home businesses can easily afford.”

About iCat Corporation

Thousands of iCat catalogs are currently in development with iCat’s flagship Electronic Commerce Suite, the technology winner of more than twenty industry awards, including PC Magazine’s “Editor’s Choice Award” for electronic storefront software in November 1997. Visit to see world-class commerce sites for iCat customers A&E, Bloomingdales, Saab, Ethel M. Chocolates, Chef’s Catalog, Hewlett-Packard, Ziff-Davis University, CDs Unlimited, Tropicals Nuthouse, and over 100 more.

iCat Corporation, founded in 1993 and based in Seattle, Washington, is solely dedicated to providing corporations and merchants with the most complete, powerful, and flexible solutions for creating Web catalogs with secure transaction processing. The privately held company has technology and marketing relationships with over 350 companies including UPS, Compaq, HP, EDS, and GTE. The software is available in the US, Canada, France, Germany and Japan from any of iCat’s business partners, leading distributors such as TechData, Ingram Micro, MicroAge, and Trans Cosmos Incorporated, and resellers such as Software Spectrum. For more information, visit the iCat Web site at or call 888-BUY-ICAT.



ICVERIFY Inc. announced Tuesday it will rolled out ‘NetVERIFY’ next month, a new credit card processing solution designed specifically for Web commerce sites and for Internet Service Providers. ‘NetVERIFY’ processes all general purpose credit card and private-label credit card transactions for Web commerce sites, including online stores. It has over 250 processor certifications, providing access to over 99% of all U.S. banks. With NetVERIFY’s remote access, ISPs and individual merchants can perform the administrative functions of transaction processing using a Web browser. The basic product allows for 8 simultaneous connections from online shoppers and a single line out to processing networks, but additional licensing can be purchased to expand throughput, both in and out, as merchants increase sales volume. The solution will currently support ‘SSL’ and will eventually support ‘SET’ whenever the ‘SET’ protocol is production ready.


Smart Kids Card

Lasertechnics Inc. majority-owned Sandia Imaging Systems, Inc., received an initial order to produce 10,000 electronic purse smart cards for IC One, Inc. of Salt Lake City, UT.

IC One is using smart card technology to raise money for schools. With the IC Kids Card program, participating merchants contribute a portion of every purchase made with the card to school(s) of the cardholder’s choice. Each multi-application card will have multiple electronic purses, customized IC Kids Card color graphics and text information printed on the card. Logos of participating merchants will be displayed on the back of each card.

“With our recent announcement of the introduction of IDCARD Services(TM) Division, we are pleased that IC One has chosen Sandia Imaging Systems, Inc. as their supplier of personalized ID cards for this worthwhile marketing program and look forward to continuing growth in this exciting new business area,” says Sandia President and Chief Operating Officer Harry Budow.

Sandia Imaging Systems is based in Carrollton, TX, and produces fraud-resistant wallet-sized ID cards, assembles and sells dye-sublimation card printers, designs and markets turnkey corporate security systems. IDCARD Services provides a turnkey service of producing high volume, quality, durable, visually attractive and secure color ID cards with state-of-the-art technology.

Sandia may be contacted at its US Headquarters in Carrollton, TX, by calling 972-407-6080 or by email: [email protected] You may also visit Sandia’s web site at: .

This press release included “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements involve known and unknown risks, uncertainties and other factors that could cause the actual results of the company to differ materially from the results expressed or implied by such statements, including general economic and business conditions, conditions affecting the industries served by the company and its subsidiaries, conditions affecting the company’s customers and suppliers, competitor responses to the company’s products and services, the overall market acceptance of such products and services, and other factors disclosed in the company’s Annual Report of Form 10KSB for the year ended Dec. 31, 1996 and all of the company’s subsequent Quarterly Reports on Form 10QSB through September 30, 1997. Accordingly, although the company believes that the expectations reflected in such forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct.


Smart Readers PC900

ActionTec Electronics, a leading manufacturer of data communications and wireless products, announced Tuesday the Smart Reader PC900.

The PC900 is the first specially designed PC Smart Card reader that supports high-level security and reliable electronic commerce on the Internet with EMV (Europay/MasterCard/Visa) and SET (Secure Electronic Transactions) protocols.

The PC900 enables home or business computers to be used as Personal Banking Machines, Secure Identification Access Systems, Secured Internet/Network Access Systems, or Secure Payment Systems.

“The worldwide market for Smart Cards has flourished beyond initial expectations,” commented Elliot Hadaegh, vice president of sales and marketing for ActionTec. “The PC900 helps realize this trend by permitting the secure and reliable transfer of critical and confidential information.” The PC900 is the first of a complete family of Smart Card readers planned by ActionTec.

While the greatest amount of smart card activity is currently in Europe, usage is now growing rapidly in the United States and Asia. Smart cards are already used domestically in the financial sector to reduce fraud and increase security. Smart cards and smart card readers are seeing use in an increasing number of applications including electronic commerce and set top boxes for digital TV.

“The U.S. smart card industry is moving from the introductory phase to the implementation phase. We are witnessing the advent of the smart card revolution. One of the enabling factors for the proliferation of smart cards is the availability of quality smart card readers. This is just the first step, soon smart card readers will be integrated into many devices including network computers, telephones, and set top boxes,” noted Henry Dreifus, managing director of Dreifus Associates, Limited, a firm specializing in worldwide strategic planning and technology transfers to the Advanced Card Industry.

Capable of utilizing three Secure Access Modules (SAMs), the plug and play PC900 installs quickly and easily on a desktop or notebook PC via the computer’s serial port. The PC900 is Secure Transmission Internet Ready. For maximum dependability and reliability, the PC900 is manufactured under strict ISO9002 quality certifications.

Applications for the PC900 include Payment Execution, Retail Transactions, Internet Functions, Health Information Access, Network Computer Functions, Loyalty Functions, and Access Control.

The PC900 is fully compatible with PCs, provides easy installation, and has a functional, unique and versatile ergonomic design. The SmartReader is Microsoft PC/SC (Personal Computer/Smart Card) enabled and supports multiple SAMs. These combined features make the SmartReader PC900 a differentiated product from smart card readers previously introduced by other manufacturers. With this product, ActionTec Electronics, Inc. intends on developing new strategic partnerships with System Integrators and OEMs who promote the benefits of Smart Cards to their clients.

ActionTec products are available through national distribution and retail channels as well as through private label and OEM relationships. ActionTec can be reached via the Internet at , or by phone at 408/752-7700 or fax 408/541-9003.

ActionTec Electronics, formally known as PreMax, is a significant global player in the PC Card and internal fax modem marketplace. ActionTec’s technically sophisticated products meet the needs of computer users in both mobile and desktop environments. ActionTec’s product line includes a complete line of mobile communication and storage PC Cards (PCMCIA), and internal and external desktop fax/modems.

The company has a track record of growth, attributed primarily to strong relationships in the data communications product marketplace. Additionally, ActionTec Electronics delivers a range of connectivity and storage products, allowing desktop computer users to increase productivity and portable computer users to communicate effectively from non-traditional locations. The company is headquartered in Sunnyvale and maintains branch offices in Philadelphia, Government Sales in Arlington, Va., and International Sales in Irvine, Calif. Operational Headquarters are located in Taiwan.


Snow Sport Express

Selling ski lift tickets via ATMs has been so successful for Wells Fargo that it is expanding the service to 550 ATMs in Northern California this week. Wells Fargo introduced the ‘Snow Sport Express’ service last year at 50 ATMs. Besides expanding the availability of the program, Wells’ has added a new service: lesson package discounts for Heavenly, Northstar-at-Tahoe, Sugar Bowl and Sierra-at-Tahoe ski resorts. With the ‘Snow Sport Express’ service, consumers simply press the “Buy Tickets” button on the ATM. Discounted vouchers, good through the entire season, are then issued. The discounts for lift ticket vouchers range from $3 to $14, and lesson package discounts range from $5 to $43. There are no transaction fees except for foreign ATM surcharges. Wells currently sells postage stamps via ATMs throughout its ten state market.


Dial-Up ATMs

With off-premise ATMs now accounting for nearly 37 percent of all new ATM deployments Mellon Network Services announced this week it will support new processing capabilities for retailers and banks who need dial-up ATM services. Mellon says the cost of utilizing dedicated leased lines for ATM is too expensive to effectively compete in the off-premise marketplace. MNS also says dial-up ATMs can not only provide merchants with lower telecommunications and equipment costs but also additional revenue sources from surcharging and the dispensing of items like stamps and coupons.


Unique Debt Workout

A La Jolla-CA startup specializing in credit card recoveries was cleared for OTC trading yesterday. Asset Retrieval Services, Inc. employs a unique ‘Credit Card Re-Issue Program’, under which the company purchases nonperforming consumer credit card accounts and then re-issues a credit card to the consumer. The concept, created by founder Dr. Barry Lotz, is to establish a workout of the previous balance and provide additional credit while re-establishing the cardholders creditworthiness. The firm bills itself as a “socially responsible corporation”.


Paymentech Canada

Paymentech Canada announced the recent signing of direct marketers for electronic payment processing. The new clients include Lee Valley Tools and The Hampshire Collection. In addition, Paymentech announced an ongoing relationship with Universal TeleResponse in which the award-winning inbound call centre utilizes Paymentech as the preferred credit card processor for Universal’s customers.

“Paymentech’s seamless multi-currency credit card processing and timely funds delivery were attractive to Lee Valley Tools,” said Iain Campbell, executive vice president for the 20-year-old company. “Paymentech is very merchant focused and has exceeded our expectations for transaction processing and customer service.” Lee Valley markets woodworking and gardening tools and accessories.

“As a growing cataloguer, The Hampshire Collection wanted to address current as well as future payment processing needs,” said Barbara Canning Brown, president. “Our business is one of speedy response and specialized customer service and that is what a credit card processor also should deliver.”

Said Sue Farrel, director of sales and marketing for Universal TeleResponse, “Our relationship with Paymentech enables us to offer one-stop shopping and critical support services to our direct response clients.”

Paymentech is a leading electronic payment processor for non-face-to-face enviornments such as direct marketers, on-line services, and utility and cable companies. Said Hugh A. Ramolla, Paymentech Canada’s national sales director, “We are excited about the growth of our Canadian business. As a processor that focuses on the needs of direct marketers who sell to customers in Canada, the U.S. and other countries, we offer a number of unique payment services.”

Paymentech currently processes credit cards and other electronic payments for over 60 direct response merchants in Canada. Paymentech also offers electronic cheque processing (ECP) or a direct debit solution for recurring billing. Direct response merchants in Canada and the U.S. will be able to electronically debit a Canadian or U.S. consumer’s bank account for automatic payment. Paymentech is also one of the largest credit card processors for U.S. marketers.

Paymentech, Inc. (NYSE: PTI), founded in 1985, is a major third-party processor and the leading provider of full-service electronic payment solutions to the direct response industry. The company processed approximately 420 million total transactions in the September 1997 quarter and approximately $43.5 billion in sales volume during the last four quarters.


GCA Expands to 17

The Global Chipcard Alliance (GCA) today announced that it has added a new member to its growing roster of global smart card industry leaders. NCR, a world leader in customer transactions, has joined the organization bringing the membership to 17, including major telecommunications, software and financial services companies and equipment manufacturers.

“Our vision is quite simple, within the next five years smart/chipcard consumers will be able to access their personalized applications anytime, anywhere and for many functions,” said David Anastasi, president and a member of the board of the GCA as well as vice president and general manager at U S WEST Public Services. “The Global Chipcard Alliance’s mission is to provide to consumers worldwide an easy way to identify the devices where their cards are accepted, serviced and protected. The GCA wants to ensure that a customer’s needs are met whether he/she is just around the block or in another part of the world,” he continued.

The goal of global smart card interoperability was furthered with the GCA’s recent announcement to institute a service mark plan which, when completed, will allow consumers to recognize “GCA approved” smart cards and terminals as products which fulfill strict global interoperability and consumer advocacy requirements set out by the GCA to ensure service and protection levels worldwide.

A certification process to review and validate products using the service mark and to then administer adherence to global interoperability specifications is also under evaluation.

“NCR is pleased to join the Global Chipcard Alliance to contribute to the further success and standardization of smart card solutions across the world,” said Clemens Sozef, Product Marketing Electronic Commerce, NCR. “NCR developed advanced solutions to support Electronic payment schemes such as Chipper, Proton, VISA cash and Mondex, in several countries. This includes multifunctional use of the smartcards. NCR is located in more than 130 countries and is committed to supporting the implementation of smart card solutions world-wide.”

NCR has become a world leader in customer transactions by providing businesses the ability to capture, process, and analyze data, so they can turn the resulting knowledge into actions that improve their relationship with their customers. NCR primarily concentrates in the retail, financial and telecommunication industry with products and services ranging from ATM, payment terminals, point-of-sale equipment, self service kiosk services, data warehousing, call centers, home devices and chipcard readers to system integration, constancy, project management, implementation/realization and installation and maintenance.

NCR has a 113 year heritage of enabling and analyzing transactions between businesses and their customers. At the customer interface, NCR is a world leader in Self Service and Point of Sale equipment. Behind the customer interface, NCR leads the scaleable data warehousing segment of the strategic business analysis market and the open, high-availability transactions processing market.

Established in 1996, the Global Chipcard Alliance’s members include: U S WEST Communications, PTT Telecom Netherlands, GTE Telephone Operations, Bell Canada, Telekom Malaysia, Deutsche Telekom, American Express, Microsoft, IBM, Telstra, Northern Telecom, Landis & Gyr, Oracle, NCR, GemPlus, SPT Telecom, and Elcotel. The GCA’s mission is to create an environment which accelerates the development of multi-functional smart/chip technology and related applications through business alliances that have a commitment to: 1) worldwide open interoperable networks, 2) public advocacy, 3) endorsing of standards and specifications, and 4) promoting communications-enabled applications and solutions.