The U.S. subsidiary of a German electronics company has committed to smart cards for corporate travel and entertainment.

Last September, 2,500 executives of Siemens USA received U.S. Bank Visa cards that had both chips and magnetic stripes. For this test, the chips can be read at only 11 locations-some National Car Rental outlets and Sheraton Hotels-but Siemens says the system shows promise as a money-saver.

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