Cisco ‘ghost card’ ready for autumn appearance_2
3 April 2012
E-commerce systems supplier Cisco Systems International will launch a ghost purchasing card system in the UK, Netherlands and Germany this autumn.
Cisco hopes to cut down transaction volumes by at least 25 per cent, said Jezz Noor, Cisco head of corporate procurement Europe, Middle East, Africa (EMEA). “This is not a pilot, this is an implementation,” he added.
A ghost card is, in effect, a purchasing card number without a physical credit card. The card number triggers the payment process.
To accept...