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Smart Move.


In what could be a killer application Killer Application

Killer application or "killer app" is a buzzword that describes a software application that surpasses all of its competitors.

Notes:
The term is sometimes used to describe a type of software.
 for the embryonic smart card market, Oberthur Card Systems in Rancho ran·cho  
n. pl. ran·chos Southwestern U.S.
1. A hut or group of huts for housing ranch workers.

2. A ranch.
 Dominguez has forged an agreement with MasterCard International to create new smart cards Example of widely used contactless smart cards are Hong Kong's Octopus card, Paris' Calypso/Navigo card and Lisbon' LisboaViva card, which predate the ISO/IEC 14443 standard. The following tables list smart cards used for public transportation and other electronic purse applications.  allowing consumers to pay for e-commerce transactions over their mobile phones.

"We know this sounds rather futuristic, and Web-capable cell phones are a relatively new phenomenon, but the market is moving quickly in this direction," said Oburther spokeswoman Francine Dubois. "This is a smart card application that will work well here in the U.S., given Americans' increasing demand for convenient online access and the security problem e-commerce is facing."

Under the agreement, Oburther will develop, among other products, a MasterCard smart card that consumers can slip into a slot in a mobile phone to pay for a transaction, as well as create a MasterCard-enabled smart card chip embedded Inserted into. See embedded system.  in mobile phones.
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Article Details
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Author:FISHER, SARA
Publication:Los Angeles Business Journal
Article Type:Brief Article
Geographic Code:1USA
Date:Feb 28, 2000
Words:143
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