Card freshs 04-05-2000 VISA TRADES CREDIT CARDS IN BRAZIL FOR CHIP CARDS.


Card freshs

04-05-2000

VISA TRADES CREDIT CARDS IN BRAZIL FOR CHIP CARDS.

Volume: 15
Number: 7
ISSN: 08940797
Publication Date: 04-05-2000
Page: 1
Type: Periodical
Language: English

San Francisco-based Visa International April 3 announced that it will replace its credit cards in Brazil, adopting electronic cards provided with chips. The financial institutions associated with Visa will invest about $100 million in the operation. From the 50 banks associated, 14 will take part in the program, substituting, in a first stage, 35 percent of the 30 million Visa cards issued in Brazil. The



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