OaSIS TECHNOLOGY, SILVERLINE, Giesecke & Devrient, Ingenico, Smart chip
TECHNOLOGIES & CARDIS TO DEVELOP MULTI-APPLICATION SMART CARD SUITE
Debit, credit, micropayments and loyalty integrated on a single microchip
AMSTERDAM and TORONTO, May 9, 2001-Oasis Technology, Silverline's CIT
ePayments Division, Giesecke & Devrient (G&D), Smart Chip Technologies Inc.,
Ingenico and Cardis today announced the formation of an alliance to develop
and market an Internet capable, multi-application smart card payment suite.
Under the project name Solstice, the members will integrate EMV (Europay,
MasterCard, Visa) card payments with loyalty programs and micropayments on a
single microchip. The payment suite also includes merchant, acquiring,
issuing and settlement systems for the physical, virtual, and mobile worlds.
Market analysis and consumer feedback from smart card trials and programs