SAN FRANCISCO - Visa International said that a Citibank-issued smart card in Hong Kong has been upgraded using the Visa Open Platform specification and Sun Microsystems Inc.'s Java Card technology.

The SHKP Club Visa card, produced by Gemplus of France and issued by the Citigroup subsidiary on behalf of Sun Hung Kai Properties, is Hong Kong's first credit card to include a Visa Cash stored value function. A loyalty program is also to be built into the chip, related to residents' club memberships, access to various facilities, and shopping privileges in malls and other participating establishments.

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