FISC, the national payment network in Taiwan, has endorsed the Visa Open Platform technology, saying it expects to have one million smart cards in circulation by 2001.

FISC, or Financial Information Services Company Ltd., said it chose Open Platform because it will let member banks choose from a wide range of operating systems and vendors and will allow for multiple functions on a single card.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.