@GlobalTrade Electronic Letter of Credit Card (eLC Card)

Technology that will allow companies and individuals around the world to combine the convenience and trust of credit card purchasing with the financial security of an irrevocable letter of credit. It conforms to all the rules and regulations contained in the UCP 500 and its supplement for electronic credits that is now being drafted by the International Chamber of Commerce. This card can be issued in a virtual or plastic form depending on financial institutions offering this service.

http://www.cceweb.com/elc_card.asp

Bolero

A complete secure electronic trade payment system that includes production of Bills of Lading and other documents. Developed by leading international banking institutions.

http://www.bolero.net/

Global Business Forum Merchant Card Program

A system using VISA, MasterCard or American Express to replace many Letter of Credit and other international payment transactions.

http://www.gbfvisa.com/

Orbian

A co-venture between Citigroup, SAP AG and DCE Ltd that is developing a business-to-business finance and payment solution. Its goal is to set a standard for business-to-business payments, with a total payment solution that enables online secure payment between buyers and suppliers, in both traditional supply chains and e-commerce communities.

http://www.orbian.com/

Trade Card

System of payment that eliminates the use of Letters of Credit in smaller transactions ($10,000 - $100,000).

http://www.tradecard.com/

Transaction Net

A resource for information about the use of the Internet for payments

http://www.transaction.net/

Updated till 27-May-2004