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                    [Summary] => THE cliché that "money makes the world go round" has some truth to it. Currency is vital in making economies work. It is still the best way to carry out the exchange of goods and services. A barter of specific goods such as that employed in ancient times would be too slow and primitive. And thus, an efficient innovation designed to facilitate trade in our contemporary world is the "smart card." 


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                    [Summary] => SINGAPORE — The Philippines is proving to be a very fertile ground for developing new technological innovations in the payment industry. 


In the past 16 months alone, global payments company MasterCard International has pioneered two industry firsts in close collaboration with its member-institutions in the country.


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ADVANCED PAYMENT SYSTEMS

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                    [Summary] => THE cliché that "money makes the world go round" has some truth to it. Currency is vital in making economies work. It is still the best way to carry out the exchange of goods and services. A barter of specific goods such as that employed in ancient times would be too slow and primitive. And thus, an efficient innovation designed to facilitate trade in our contemporary world is the "smart card." 


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                    [Summary] => SINGAPORE — The Philippines is proving to be a very fertile ground for developing new technological innovations in the payment industry. 


In the past 16 months alone, global payments company MasterCard International has pioneered two industry firsts in close collaboration with its member-institutions in the country.


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Smart cards conquer the Asia-Pacific region

By Joy Angelica T. Subido | April 18, 2005 - 12:00am

THE cliché that "money makes the world go round" has some truth to it. Currency is vital in making economies work. It is still the best way to carry out the exchange of goods and services. A barter...

Lifestyle Business

RP a fertile ground for innovations in the payment industry

April 12, 2002 - 12:00am

SINGAPORE — The Philippines is proving to be a very fertile ground for developing new technological innovations in the payment industry. In the past 16 months alone, global payments company MasterCard International...

Technology