iPin and Cap Gemini Ernst & Young to Jointly Deliver Global E-Payment Solutions - Brief Article

Information Superhighways Newsletter, May, 2001

iPin, a provider of e-payment technology, and Cap Gemini Ernst & Young, one of the largest management and IT consulting firms in the world, announced a global alliance to provide Internet payment solutions to multiple industries, including telecommunications and financial service providers worldwide.

iPin and Telecom Media Networks, an industry practice of Cap Gemini Ernst & Young, will engage in joint sales, marketing, systems integration, and consultation to further deploy iPin's payment technology and expand its penetration of telcos, financial institutions, merchants, and other partners. The iPin and Cap Gemini Ernst & Young alliance will enable companies to deploy innovative payment solutions, such as wireless payments, e-wallet solutions, and stored value applications. Having already identified specific large-scale projects to work on together, including a current initiative with France Telecom, this announcement further enhances the relationship between the two groups.