Definitions for "Mondex"
An electronic cash payment system, utilizing smart cards with stored value and security features.
Mondex is an electronic cash system that operates on a smart card. It provides a direct electronic equivalent of cash that brings advantages to consumers and merchants involved in virtual transactions.
Mondex is being introduced around the world as an alternative to notes and coins. Mondex can be used for everyday shopping as well as for electronic commerce. It represents a strong prospect for a truly global smartcard systems standard, capable of excellent security, functionality and consumer choice. They are the developers of Multos. Mondex is a subsidiary of MasterCard Return to the top