Brief: CEPS technology validation project underway

Brief: CEPS technology validation project underway

Banksys, Europay International, Interpay, Proton World, Sermepa, Sistema 4B, Visa International and Cartes Bancaires have started work on "Ducato", the partnership project to implement and validate e-purses based on CEPS (Common Electronic Purse Specifications) technology.

The project aims to validate the CEPS-related technology in an international environment, and to demonstrate interoperability between different countries and different e-purse technologies, schemes, brands, clearing systems and hardware, say the companies.

A limited quantity of CEPS-based e-purse cards are to be issued in September of this year throughout Belgium, France, the Netherlands and Spain in live environments using three different CEPS-based e-purse technologies. The project is scheduled to end in the fourth quarter of 2001.

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