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AT&T, Mondex make small changeInternet World AT&T will begin testing the Mondex smart card scheme for Internet payments of $10 or less.

AT&T to trial Mondex smart cards for electronic commerceCard-reader keyboards due from Microsoft, HP and Gemplus by end of year

Got a Dime? Citibank and Chase End Test of Electronic CashCitibank and Chase Manhattan Bank to discontinue their test of electronic cash; banks issued so-called smart cards to nearly 100,000 people who live on Upper West Side of Manhattan; most people who tried system never loaded their cards a second time; and with few people using cards, two-thirds of merchants dropped out; less than $2 million was spent using all of the cards in program's first year (M)

Mastercard's 'Smart Card' Builds SupportSeven financial giants agree to market Mondex electronic-cash product in United States; their backing insures that Mondex will be one of leading systems in country as market for smart cards evolves; but it is unclear who will be willing to bear costs of introducing expensive new technology; merchants have to buy new terminals, and cards themselves cost $10 each wholesale; Mondex USA will charge banks that issue cards 25 cents each time money is transferred to Mondex cards; banks, in turn, are expected to pass this fee and their own costs to customers (M)

CHASE, CITI PUT THEIR MONEY ON SMART CARD PILOT PROGRAM: UPCOMING TEST FACES SKEPTICAL CONSUMERSNext Monday, Chase Manhattan Bank and Citibank will launch a long-delayed joint pilot program on the Upper West Side to test consumer acceptance of rival

MasterCard Acquires 51% Stake In Mondex, 'Smart Card' MakerMasterCard said it acquired a 51% stake in British smart-card maker Mondex. Terms weren't disclosed.

Mondex demos smartcard-enabled mobile e-commerce | ZDNetSmartcards could open up new vistas for shopping and services on your mobile

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The fundamentals favor success for Mondex smart card system.

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