(Nikkei BP Group)
(No.1 High-Tech News Site in Japanese)
| Hitachi, Fujitsu to Standardize Smart Card Settlement
November 18, 1998 (TOKYO) -- Hitachi Ltd. and Fujitsu Ltd. said they
will start a project to standardize specifications of a smart card system
for consumer settlements on Nov. 16.
|A representative for the two companies said that the project, Standard
Smart Card Integrated (SMILE), will standardize specifications of smart
card system machines, including cards, reader/writer functions and terminals,
for consumer settlements.
The project will also standardize the transaction protocols and settlement
He said the specifications will be based on international standards adopted
by the International Standards Organization (ISO) and the EMV, while
taking into consideration conditions of Japan's computer industry and
The specifications will enable the card to be used at various settlement
organizations, including settlements at stores and those through electronic
transactions on the Internet.
He said that standardized specifications of transaction protocols will
handle settlement processes such as selecting settlement methods, request
for invoice, settlement, request for receipt and delivery.
The existing electronic transaction protocols -- Secure Electronic Transaction
(SET) and Secure Electronic Commerce Environment (SECE) -- stipulate
the protocols for settlements only.
He added that the standardized specifications of the settlement support
system will enable consumers, financial institutions and stores to have
a variety of settlement options.
SMILE is part of the advanced information system development and corroboration
project being promoted by the Ministry of International Trade and Industry
and Japan Information Processing Development Center.
Nineteen companies, including computer makers, credit card firms and
banks, have already shown interest in the SMILE project.
(BizTech News Dept.)
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