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Article: IFS International Licenses TPII Electronic Purse Solution to Citibank Hong Kong for Major Smart Card Program.
- Article from:
- PR Newswire
- Article date:
- October 20, 1999
CopyrightCOPYRIGHT 1999 PR Newswire Association, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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TROY, N.Y., Oct. 20 /PRNewswire/ -- IFS International, Inc. (Nasdaq: IFSH) today announced that Citibank, NA Hong Kong Branch has licensed its TPII software to provide the Electronic Funds Transfer (EFT) management system to support the Citibank SHKP Club Visa Card.
Citibank, NA Hong Kong Branch has licensed TPII in order to jointly launch with Sun Hung Kai Properties (SHKP) a significant upgrade to the successful Citibank SHKP Club VISA Card. This upgraded card is the world's first commercial multifunctional smart card using Visa Open Platform (VOP) technology and Hong Kong's first credit card to feature the Visa Cash function. Together with SHKP's contact-less ...