Products To Watch In 1997
In just a couple of months, some 35,000 Hong Kong residents snapped up Mondex, a refillable electronic money card that is backed by MasterCard and that can hold up to five currencies. Hong Kong is the first large-scale test market for Mondex as the upstart competes against Visa Cash and other cards that are bidding to become a substitute for coins and cash.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.