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SCMP Reporter

Visa International will establish a research and development facility in the SAR in collaboration with the University of Hong Kong to explore smart-card applications.

 The centre will focus on smart-card applications for academic services and activities offered by universities in the Asia Pacific region.

 Senior vice-president and general manager for Greater China and the Philippines Richard Chang said Visa would later help its member banks to develop specific smart-card projects with the centre.

 Visa believed the university would provide a suitable environment for innovation and development of smart-card applications.

 'People of my age may not know what Java [a language for smart-card applications] is about. But in the university it is part of the daily lives of the students.'  He said the smart-card centre was in line with Visa's vision of developing an open platform for smart-card applications.

 'We don't want to own a platform. But we will make inroads to let the platform develop into a benchmark which can be followed by others.

 'Innovations in applications on the smart-card technology should go beyond the area of financial services. We may ultimately become an exporter of smart-card applications.'  The University of Hong Kong will offer smart-card technology education as part if its regular curriculum.

 Visa will establish up to five centres of this kind in the region in the next 12-18 months.

TECHNOLOGY 



Visa links up with university for smart-card development