Oki, NTT Data, NTT Com, NTT DoCoMo, and Microsoft to establish Payment First Corporation, an Internet payment services company; To create a SET-based online payment infrastructure accessible via PCs and home-use computer-game machines.

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M2 PRESSWIRE-20 April 2000-OKI ELECTRIC: Oki, NTT Data, NTT Com, NTT DoCoMo, and Microsoft to establish Payment First Corporation, an Internet payment services company; To create a SET-based online payment infrastructure accessible via PCs and home-use computer-game machines (C)1994-2000 M2 COMMUNICATIONS LTD RDATE:19042000 Tokyo, Japan -- Oki Electric Co.

Ltd., NTT Data, NTT Communications, NTT DoCoMo, and MicrosoftR Co., Ltd today announced that in June they will jointly establish Payment First Corporation, a company that will provide a simple, convenient, and low-cost Internet payment infrastructure. This new company will provide the world's first payment-services system capable of both debit and credit transactions based on a secure electronic...