ERICSSON AND TELIA SECURE INTERNET PAYMENTS.

Ericsson, the Swedish telecommunications giant, and Telia, the national public operator, announced on September 14 that they have created Jalda, a secure and rapid payment system for all Internet purchases. Jalda, developed by Ericsson and used by Telia, is a new on-line payment system allowing safer and faster settlement for purchases via a PC or a cellular phone, according to a company statement. This system allows transactions from very low values to "large sums of money" and to handle, through a special account, the...