Elan728x90

0 Comments
PARIS -- At Cartes '98, Bull will be presenting its comprehensive, integrated "SmartPurse."

SmartPurse is aimed at large organizations such as banks, retail chains, transport companies, and universities wishing to take advantage of electronic purse technology.

By replacing the use of cash and checks, SmartPurse facilitates small amount payments, improves customer relations, encourages loyalty, and consequently leverages increased sales.

Security is guaranteed at all stages, from card presentation to crediting the account. Costs linked to handling cash and theft are
reduced.

The electronic purse also cuts out some of the disadvantages linked
to the use of debit-credit cards for small amounts: the high cost of
real-time communication, excessive transaction times and tax paid on
each transaction.

Large organizations can use the e-purse system for a very broad range of activities, where payment is typically made with coins or small value notes:

SmartPurse is distributed in the 85 countries where Bull has
operations.


The world-wide e-purse market

E-purse technology started in 1994 with the development by Bull of a reloadable multi-issuer, multi-provider, multi-service electronic purse card: the CC 60, a new application of the CP8 technology.

Electronic purse systems, aimed at replacing hard currency, must have very sophisticated built-in security mechanisms. The Bull card, based on Bull's experience in the field of microprocessor card security, meets these demands. It includes strongly secured payment transaction and loading functions, and the latest encryption algorithms.

The whole system developed around this card is traceable and auditable: all transactions are recorded, thereby making it possible to detect any attempted fraud. The Proton system has been developed by Banksys, the Belgian national operator in payment systems, specialized in transaction systems.

Related Content

Reader Comments

Add a Comment

We welcome your thoughtful comments. All comments will display your real name.

Want to participate in the discussion?

Or log in for complete access.

  • Clear
  • Post
Be the first to post a comment for this story.
Products & Services

Monitors/CRT's/Flat Panels

http://global.networldalliance.com/new/images/products/456.png

456/Monitors-CRT-s-Flat-Panels

Bank Branch Connectivity–Global DS for J/XFS

http://global.networldalliance.com/new/images/products/LogoGLOBALDS.gif

3747/Bank-Branch-Connectivity-Global-DS-for-J-XFS

New Economical, Attractive 5800 ATM Enclosure Series

http://global.networldalliance.com/new/images/products/657.png

657/New-Economical-Attractive-5800-ATM-Enclosure-Series

Cryptera EPP 1218

http://global.networldalliance.com/new/images/products/4082.png

4082/Cryptera-EPP-1218

Rugged Free - Standing Outdoor ATM - ProCash 2350xe

http://global.networldalliance.com/new/images/products/ProCash2350_sm.jpg

172/Rugged-Free-Standing-Outdoor-ATM-ProCash-2350xe

Maintenance Support Services

http://global.networldalliance.com/new/images/products/5061.png

5061/Maintenance-Support-Services

Cost-effective PCI V1.x EPP for low cost- ZT598L

http://global.networldalliance.com/new/images/products/4001.png

4001/Cost-effective-PCI-V1-x-EPP-for-low-cost-ZT598L

Dispensers

http://global.networldalliance.com/new/images/products/454.png

454/Dispensers

Tomorrow Technology Today

http://global.networldalliance.com/new/images/products/Phoenix_DW.jpg

1031/Tomorrow-Technology-Today

Two Way Wireless for ATMs, The DPL Group Hercules Plus

http://global.networldalliance.com/new/images/products/931.png

931/Two-Way-Wireless-for-ATMs-The-DPL-Group-Hercules-Plus

Customer Experience Technology Buyer
Request Information From Suppliers
Save time looking for suppliers. Complete this form to submit a Request for Information to our entire network of partners.