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Vesta Launches New Retail Payment Service In Beijing

Aggregated Source: ChinaRetailNews.com
July 16, 2007|

Payment services provider Vesta Corporation's Chinese subsidiary, KPay, has officially launched retail payment services for the Beijing transit card. The stored value transit cards use contactless IC technology. This intelligence eliminates the need for cards to be swiped. Instead, cards are simply placed near sensors at checkout facilities. Over 12 million transit cards have been issued [...]

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