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 European Commission has approved, under EC Treaty state aid rules, an amendment to a Lithuanian scheme allowing aid to be granted of up to €500 000 per company, initially approved on 8 June 2009.
more »
As agreed by the President of the European Commission and the President of the Russian Federation during the last EU-Russia Summit in Khabarovsk, the EU and Russia have strengthened the current dispositions under the EU-Russia Energy Dialogue to prevent and manage potential energy crises, with an enhanced Early Warning Mechanism.
more »
The European Union has today presented to the World Trade Organization the trade facilitation projects it has financed between 2006 and 2008.
more »
The European Commission has authorised, under the EC Treaty’s rules on state aid, a planned state guarantee by Romania to enable Ford Romania SA to access a loan from the European Investment Bank (EIB).
more »
The economic crisis has left many countries with budget deficits well over the 3% limit. The commission is proposing deadlines for reducing the gaps.
more »
Statistics Lithuania informs that in October 2009, against September, prices for consumer goods and services went down by 0.4 per cent.
more »
Lithuania’s Vice-Minister of Foreign Affairs Šarūnas Adomavičius took part in bilateral political consultations with representatives from foreign affairs, commerce and transport ministries of the People’s Republic of China.
more »
Under the budgetary surveillance powers conferred by the EU Treaty, the European Commission today proposed to the Council to set 2013 as the deadline for the correction of the budget deficits in Austria, the Czech Republic, Germany, Slovakia, Slovenia, the Netherlands and Portugal.
more »
A joint partnership between the World Bank, the Moldovan Ministry of Agriculture and Food Industry and the Ministry of Environment was launched in Moldova’s capital in the late days of October.
more »
World Bank Group President Robert B. Zoellick today joins senior officials from the Government of Singapore to launch a new global urban strategy that will guide Bank advisory services and financing in the sector over the next decade.
more »