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Technology Stocks : TAVA Technologies (TAVA-NASDAQ)

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To: C.K. Houston who wrote (8222)	1/2/1998 10:51:00 AM
From: C.K. Houston	Read Replies (2) of 31646

CREDIT CARDS: Print this post out and give to local retail businesses in your area Embedded systems in card swipers can cause major problems ======================================================= MASTERCARD: The Year 2000 Challenge Although New Year's Eve 1999 seems far away, every merchant who accepts cards is facing the year 2000 challenge now. Increasing numbers of consumers already carry cards that expire in the year 2000 and beyond, but a small number of point-of-sale (POS) terminals and cash registers cannot process such cards. If one of these terminals is in your store, it could affect your business. To eliminate this problem, all POS terminals and system pathways must be checked immediately to ensure that they can accept year 2000 credit cards. You need to act now to protect your business. Instructions on how to test contained in link. *Same applies to VISA* mastercard.com NOTE: In October '97 MasterCard & VISA started issuing credit cards with year 2000 expiration dates. American Express has chosen to wait until mid-late 1998. ================================================================ THIS IS WHAT CAN HAPPEN IF CARD SWIPERS ARE NOT Y2K COMPLIANT 1st Y2K Lawsuit. Tired of losing business because its cash regist crash when credit cards list 2000 as an expiration date, Produce Palace an upscale grocery near Detroit, sued Tec-America, the vendor of its computerized point-of-sale and inventory system. The store's computer, installed in 1995, has crashed more than 100 times, rendering 10 cash registers useless during the crashes. The system froze when such cards were processed, and often took several hours to come back up, causing delays and loss of business while transactions were processed by hand. They are losing 30% to 40% of their business as a result. freep.com Aug '97 cwlive.cw.com:8080/home/online9697.nsf/All/970812fruit

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