KYC 0.00% 57.5¢ keycorp limited

canada emv and chip rollout, page-5

  1. 1,111 Posts.
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    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!
 
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