Mondex

Mondex (brand name preceded by “Byte card”) was an e-purse payment product, launched in a public trial in Swindon UK in 1995.  It was intended to facilitate electronic cash payment as an easy alternative to physical cash. The idea was the brain-child of two employees from the National Westminster Bank (NatWest).  The trial was jointly sponsored by NatWest, HSBC (formerly Midland Bank) and British Telecom (BT).
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Mondex

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