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Dear List interesting F.Y.I. --MasterCard in Deal to Simplify
International B2B Transactions
The complexities of international business-to-business commerce -- a
$5.5 trillion market and growing -- may become somewhat less complex as
the result of an
alliance announced Wednesday 06 September 00 between MasterCard and
TradeCard, a provider of payment infrastructures for cross-border
transactions.

The two companies said that http://www.tradecard.com technology,
combined with http://www.mastercard.com purchasing cards, databases, and
market clout, will produce a single system that can conduct transactions
of any size, in any currency, for any type of purchase. The new offering
will be able to handle all phases of a transaction, from order placement
through financing, fulfillment, and payment.

It will be XML-based, so it can be integrated into any Web marketplace,
any e-commerce transaction system such as Commerce One or Ariba, any ERP
(enterprise resource planning) software such as PeopleSoft or SAP, or
any system based on standard EDI (Electronic Data Interchange) protocols
such as ANSI X12. Pilot tests are scheduled for the fourth quarter,
though no participants have been announced. TradeCard already works with
Ventro, a large B2B marketplace, as well as several banks in the United
States and Asia.

Kind Rgds. Mark S. Ohberg,  K.I.A.C. Global / Comm-Spec
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