Keycorp have a 20% ownership in the Multos operating system....which is the one that PayPass is based on.
Licensing is interesting in this regard as Keycorp should receive 20% of I think its $50,000 for the initial licence then $35,000p.a.
Since Mastercard has 26,000 bank members and presuming that each must license the technology...WOW
..can anyone confirm this scenario!
- Forums
- ASX - By Stock
- KYC
- canada emv and chip rollout
canada emv and chip rollout, page-5
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)