If you are a member of the payment industry, you are invited to join BayPay, a networking group of the Silicon Valley focused on payments and composed exclusively of members in the payment community or investors in this area. If you are not yet a member and would like to join, reply to this email to get your free membership with a quick description on how you fit in the payment industry. Even after all these years, the payments industry is still expanding in both mature and emerging markets worldwide as the industry adapts to new market opportunities. New technologies including contactless cards, cell phone integration, biometrics, RFID and strong authentication are emerging and potentially creating new challenges for both financial institutions and their customers. Prepaid cards, gift cards, new forms of payment like PayPal, are all vivid demonstrations of the vibrancy of new thinking in the payments industry. With wireless ubiquity now essentially a reality, transaction aggregation and micro payments become a necessity. As the financial industry and merchants provide more and more services online, phishing emerges as a problem that requires more education and communication with consumers.

Objective BayPay's primary goal is to provide a face-to-face professional networking forum for the regular exchange of views on these issues among active professionals within the payments industry who are located in the San Francisco Bay Area. An online BayPay group on Yahoo! provides opportunities for members to interact among themselves between regular face-to-face meetings.

BayPay Is a joint initiative of Glenbrook, Edgar Dunn & Company and Daniel Chatelain from QSecure, Inc. that is open to other companies or individuals contributions.

Membership To ensure an appropriate level of professional participation, membership in BayPay group is by invitation only. BayPay members invite others to join based upon their own judgment as to who could best contribute to the group. To subscribe please go here.

http://www.linkedin.com/groupInvitation?groupID=21250&sharedKey=63142B72B34B

Code of Conduct All information shared by BayPay members is considered their own personal opinion and does not represent the official position of any company. All member comments are not for attribution in any form whatsoever outside of the BayPay membership. While we would like any information exchanged in this forum or in our events remain private, members must understand that this is a semi-public group and there can be no assurance of confidentiality.