1. Inventory of electronic Point-of-Sale systems from
Avant – Finland, real Point of Sale system
- e-purse chipcard
- disposable or reloadable at ATMs or over the Internet
- Jan 2001 – half a million customers
Beenz – incentive-based “currency” delivered by and used
with online merchants in US and UK
- Merchants pay 1 cent per been, and merchants can redeem
accumulated beenz with beenz.com for half a cent each
- 1 Million beenz users in December 2000
- over 1.5 billion beenz in circulation ($7.5 Million worth)
Bibit – Internationally deployed international payments facilitator
offering Internet multi-currency payments
Bluetooth – offers local area low power radio link between devices

2. CEPS - Common Electronic Purse Specifications
CheckFree – SSL based system for electronic bill payment
- Centered in US, allowing 4.1 million customers
to pay bills electronically
Chipknip – Netherlands, e-purse combined with debit card
Million cards issued, 190,000 POS terminals
Chipper – Netherlands, compatible now with Chipknip
20 million cards issued.
Recently announced that chipper will gradually
be taken out of the market
Click&Pay Net900 – Germany, through Deutsche Telekom
- MicroBilling for purchasing internet content
- Clicking on pay links invoke a charge on your phone bill
Clikpay –Ireland, links customer directly to Bank of Ireland’s
server, where credit card information is entered over
SSL connection.
Bank informs merchant of successful payment

3. CLIP – targeted for low-value transactions (under 25 Euro)
- from EuroPay
- 20 million cards have Clip branding in Germany and Spain
CVC code (card verification code) – to reduce credit card fraud
- starting April 2001, UK VISA and worldwide MasterCard
cards will have a 3-digit code printed over the magnetic
strip for use in card-not-present (mail order/telephone order)
transactions
CyberCash – now basically of historical interest, one of the
original micropayment schemes
Danmønt (Dancoin) – prepaid chip card for small value payments
DigiGold – open source based scheme
- DigiGold is exchanged in grams, backed by grams of e-gold
E-gold Ltd. – Issues e-gold 100% backed by gold bullion in allocated
storage, basically a Central Bank that issues four types of
metal-based currencies
- total of 4 kg of e-gold in world-wide circulation

4. e-port – virtual POS in Moscow
- prepaid scratch cards for online payment
Earthport – server-based wallet
- partnered with Egg (online bank)
Ecash (DigiCash) – defunct
eCharge Phone – virtual POS, phone company handles billing
electronic giro – Finland – use of e-banking for online payments
EMPS – electronic mobile payment services, Finland, pilot only
Fundamo - South Africa, Europe
- Real and virtual POS, pilot underway in South Africa
- Allows payments from mobile-to-mobile,
mobile-to-POS, mobile to internet.
Geldkarte – e-purse of the German banks
- approx ½ million cards,
- monthly transactions valued at over 6 million Euros
GiSMo - Gismo allows account-based payments for internet
shopping, but using a GSM phone to verify the buyer's
identity and authorize the transaction

5. Internetcash – USA
- prepaid stored value card (value is stored on server, activated
using the PIN number on the card)
- web sites accepting Internetcash allow the user to pay,
micropayments can be as low as 50 cents.
Leonia Online Credit Card Payment – customer and merchant
must both deal with the bank – since the bank knows the
customer’s details, no card information is sent over the
internet, money is transferred between accounts at the bank
Magex – secure digital content download and payment over the
internet including digital rights management and
micropayments
Metax – unmanned petrol pumps in Denmark paid by mobil phones
and billed to credit card account
Millicent – Japan, micropayment scheme
Mobilix Open Mobile Payment – credit/debit card payment over a
mobile phone, initially for prepaid airtime packages
Denmark (700,000 targeted users)

6. Mondex – stored value card, money transferable between cards
Movilpago – low value payment services via mobile phone for
POS and internet shopping
Spain initially, but targeted for 30 counties
Octopus Card – Hong Kong
- transit system card initially
- Multi-modal contactless transportation ticket
reloadable electronically, combined with an e-purse.
Odysseo – new wallet for credit-card based micropayments online
Open Plan – UK online banking via PC or mobile phone
Paiement CB sur mobile – France
- Debit/credit card payment over dual-slot mobile phone
Pay.gov – USA
- Internet payment scheme (portal and transaction engine)
allowing Americans consumers and businesses to pay
government fees, fines and certain taxes; making payments
on loans and leases; making donations; and obtaining
certain forms and documents.

7. Paybox – Germany, other countries to follow
- Real and virtual POS payment via mobile phone
Paysafecard – Austria, Germany is next (summer 2001)
- disposable prepaid stored value card for internet payments
- suitable for micropayments
SET (Secure Electronic Transaction) –
Europe - 21 countries, Asia/Pacific - 9 countries
Solo – Finland, Sweden – internet banking
Sonera Mobile Pay – Finland, mobile payment - pilots ongoing
TELEpay Light – Italy, uses SSL 128-bit to transfer credit card data
Worldpay – Bank-centric multi-currency payment system based on
credit and debit card
- enables card payments made over the Internet to link with
existing bank clearing systems
- accepts 160 currencies from customers
and settles in 76 currencies