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Short Take: B of A, First USA sell "cash registers"

Bank of America and First USA Paymentech have decided to resell a merchant "cash register" for Web sites from VeriFone. Both will offer VeriFone's vPOS Internet payment software to their merchants and will use VeriFone's vGate Internet gateway to accept transactions from Internet merchants. First USA will also distribute VeriFone's vWallet consumer payment software.

Bank of America and First USA Paymentech have decided to resell a merchant "cash register" for Web sites from VeriFone. Both will offer VeriFone's vPOS Internet payment software to their merchants and will use VeriFone's vGate Internet gateway to accept transactions from Internet merchants. First USA will also distribute VeriFone's vWallet consumer payment software.