"It would be in (LaSalle's) interest to waive the right and keep things going as usual," added David Fountain, NPC's chief financial officer. "It's one of those things that I think is going to be worked out."
"Globally the m-commerce market will be fragmented mainly drawn up by continental boundaries. Each region is developing at a different pace and with different technologies in mind. There is no one global standard but this will both help and hinder m-commerce. A focus on local needs will probably help the technology develop more quickly but eventually we will be faced with a roaming problem between regions."
"We have chosen to issue cards from FSV not only because they are a leader in the stored value industry, but also because their unique platform sets a true standard for processing flexibility," said Sarah Grotta, senior vice president for Key Consumer Payment Sales. "We look forward to exploring those possibilities with FSV in the future, so as to integrate our core competencies and expertise for expanded offerings to the stored-value marketplace."
"If you are unsure about the merchant, never use a check - use a credit card instead," says George Thomas, president of the Electronic Payments Network, a division of the Clearinghouse, the largest private check processing system, owned by many of the nation's largest banks. "That way, you can avoid the possibility of checking-account fraud down the road."
Two benefits of electronic money stand out, and will likely contribute to its growth. Most important, it will have profound intellectual benefits by creating incentives for the active pursuit of ideas. Second, electronic money will advance globalization, expanding the scope and versatility of the Internet and making it easier for people to interact constructively with others around the world. Taken together, these two benefits will enable millions of minds to work together far more effectively than ever before.