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busines

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Issue:

Business

 

Written by:

Susan L

 

Date added:

June 23, 2016

 

Level:

University

 

Grade:

A

 

No of pages / words:

12 / 3134

 

Was viewed:

9431 times

 

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Essay content:

However, there are many times when customer don’t have small coins and would prefer to pay with a credit card or a cheque. In that situation electronic cash offers a solution to this problem. In the world there are few vendors attempting to become the standard for electronic cash; the largest one is Mondex , which is a subsidiary of Visa and Master International...
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It plays like an electronic wallet. Mondex in Canada Mondex Canada was formed by Royal Bank and CIBC as a licensee of Mondex Canada in 1998 to supervise the development of Mondex in Canada. Then, by mid-1998 Mondex Canada members increased from two to ten financial institutions, including RBC, CIBC, Scotia bank, BOM, Dank, NBC, Hong Kong Bank of Canada, Canada Trust, Credit Union Central of Canada and Desjardins...
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