Visa USA, Visa International and Welcome Real-time have entered into a patent cross license agreement.

Visa USA, Visa International and Welcome Real-time have entered into a patent cross license agreement that will increase the availability of interoperable systems for smart card-based loyalty rewards at the point of sale.

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Title Annotation:	Agreements & Alliances
Publication:	ABA Bank Marketing
Article Type:	Brief Article
Geographic Code:	1USA
Date:	Sep 1, 2003
Words:	33
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Topics:	Credit and debit card industry Contracts Licensing agreements Credit card industry Contracts Licensing agreements Integrated circuit cards Contracts Licensing agreements Smart cards Contracts Licensing agreements