Correction

By Editorial Staff August 01, 2007, 7:56 p.m. EDT 1 Min Read

  A Merchant Payment Trends story in the June issue stated incorrectly how much HSBC invested in Tempo Payments Inc. in 2006. While HSBC was a participant in a round of venture funding in Tempo, together with Cardinal Venture Capital and Selby Ventures, it has not commented publicly about its portion of the $8.7 million the three combined invested in the PIN-debit network.
  (c) 2007 Cards&Payments and SourceMedia, Inc. All Rights Reserved.
  http://www.cardforum.com http://www.sourcemedia.com

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