Verifone Inc., a unit of Hewlett-Packard Co., announced that its Verismart system has been formally endorsed as an option for participants in the Visa Partner Program. Verismart, a client/server technology introduced last year for managing multiple-application smart card programs with a wide range of card-reading devices, is being used by Citibank in the New York City smart card trial.

In that demonstration of cross-system interoperability, Citibank is offering Visa Cash cards to customers on the Upper West Side of Manhattan, and Chase Manhattan Bank is issuing Mondex cards.

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