Mastercard Mondex
Sign in to saveright|125x125px Mondex was a smart card electronic cash system, implemented as a stored-value card and owned by Mastercard.
~16 min read
Encyclopedic overview
9 sectionsContents
- History
- Operation
- Transfers, card top-up and payments
- International use
- Security features
- Card types
- Equipment
- Locations
- References
right|125x125px Mondex was a smart card electronic cash system, implemented as a stored-value card and owned by Mastercard.
Pioneered by two bankers from NatWest in 1990, it was spun-off to a separate consortium later on, then sold to Mastercard.
Excerpted from Wikipedia’s “Mastercard Mondex” article, available under the CC BY-SA 4.0 licence.