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Company Statement: MasterCard, Visa, American Express propose new global standard for online, mobile shopping

( October 2, 2013, 08:45 GMT | Official Statement) -- MLex Summary: Online and mobile payments will be operated through a "token" as a replacement for bank account numbers, as the three major payment services providers - MasterCard, Visa and American Express - have drafted a new global standards to streamline this type of payment. The multinationals look to introduce the new procedure as a global system to ensure the consistency and interoperability of digital payments.The text of the statement follows....

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