Amex Gets Smart at E-Shopping.
Published:
14 September 1999 y., Tuesday
American Express has introduced a new credit card, called Blue, with features that it says makes shopping over the Internet more secure. The Blue card, which debuted Wednesday, has the traditional magnetic stripe for shopping in stores, but also contains a smart chip that will hold personal information like shipping addresses and account data that a cardholder can give online merchants in a secure manner. Starting in November, Blue card holders will be able to enter relevant personal purchasing information -- the sort demanded by Internet stores -- into a new program called American Express Online Wallet. A customer wanting to make an online purchase opens the electronic wallet with the help of a smartcard reader to automatically fill out the merchant_s purchase form, the company said. The smartcard reader would connect to the cardmember_s computer, and would read the unique digital code on the card to allow the card holder to unlock his "wallet" of personal purchasing information, American Express said. The card would have an introductory zero percent interest rate for the first six months and an ongoing fixed rate as low as 9.99 percent for revolving balances if the customer has good credit, the company said. There is no annual fee for the Blue card. At the Web site, customers can pay bills online, download personal financial information, and use online financial tools to calculate cash flow and retirement goals, American Express said.
Šaltinis:
American Express
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.
The most popular articles
The EBRD is making a €4 million equity investment in Geofoto, a Croatian geodetic company offering mapping, geodetic survey, photogrammetry, geoinformatics and aerial survey services, to support its drive to expand operations on international level.
more »
Nordea came out of 2009 in an even stronger position, despite one of the most challenging years for decades. Risk-adjusted profit increased 22% and our capital position and cost of funding are among the best in Europe.
more »
MEPs gave the green light on Thursday for EU funding to help Europe's unemployed start up small businesses.
more »
MEPs are deeply concerned about the long-standing and growing presence of al-Qaeda, and the deteriorating security, social and economic problems in Yemen, which they think could destabilise neighbouring countries.
more »
At the start of a new decade, Sub Saharan Africa is reeling from the effects of three major global crises – food, fuel and financial – that have reversed many of the economic achievements of the last 10 years and left some growth projections at levels below those of 30 years ago.
more »
The 5th High-level Seminar of Central Banks in the East Asia-Pacific Region and the Euro Area was jointly organised by the European Central Bank and the Reserve Bank of Australia, in cooperation with the Hong Kong Monetary Authority.
more »
The EBRD and European Fund for Southeast Europe are boosting the availability of financing to private businesses in Moldova with a $10 million loan to ProCredit Bank in Moldova for on-lending to micro and small enterprises.
more »
The EBRD is supporting the development of the retail infrastructure in Croatia with a €68 million loan to finance the construction of a modern shopping centre in Split, the second largest city in Croatia.
more »
The European Bank for Reconstruction and Development has agreed to sell its 15 percent stake in OAO Swedbank Russia to its parent and major stakeholder, Sweden’s Swedbank AB, a move which would give it full ownership of its Russian subsidiary.
more »
The Ministers of Industry took the first steps in San Sebastián today to make the electric vehicle a reality in Europe and agreed that European institutions, with the EC at the head, should lead a common strategy on electric vehicles.
more »