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February 28, 1997updated 05 Sep 2016 12:39pm

MASTERCARD AND SHANGHAI BANKING PLAN MONDEX VENTURE

By CBR Staff Writer

MasterCard International Inc and the Hongkong & Shanghai Banking Corp Ltd are to form a joint venture to market and develop Mondex Smart Card electronic purses in 13 Asian territories where Hongkong Bank owns Mondex franchise rights.

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