Mondex - Hutchinson encyclopedia article about Mondex Printer Friendly
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Mondex

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Mondex

E-cash system operating on a smart card. The card's microchip contains a ‘purse’ divided into five separate pockets that allow up to five different currencies to be held on the card electronically at any one time. The microchip also contains security programs that protect transactions between one Mondex card and another.
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