Consumer Payment Card News

Red Fusion

One of the first smart VISA cards to hit the U.S. market is being infused with more convenience. Starting July 15, Fleet will offer the new Red Fusion smart VISA, featuring 32K of memory as well as a special hot key on future Compaq computers. Fleet signed a deal with Compaq that will produce the first integrated smart card and reader solution in a PC in the U.S. market. Under terms of the deal, the new Fleet Red Fusion smart VISA credit card will be integrated with Compaq’s new Presario 5000 and 7000 series desktop PCs, which feature a smart credit card Internet keyboard. Consumers who purchase a new Compaq Presario PC will be able to apply for the Fusion card by pressing a dedicated hot button on the keyboard that takes them to the Smart Credit Card Zone, a portal where an online application for the card and smart VISA online merchants can be found. Fleet’s Fusion card has a 32K microprocessor chip and it is pre-loaded with three applications, payment, secure access and loyalty programs. Fleet also offers smart VISA cardholders the option of the Fusion Rewards Program and free use of the Cash Back Marketplace which offers up to 15% cashback from major participating online merchants. For more information on Presario PCs featuring the Compaq Smart Credit Card Internet Keyboard visit www.athome.compaq.com. Consumers can also apply for the new, red Fusion card beginning July 15, at compaq.fusioncard.com.

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