Finance:Moneo
Moneo, sometimes branded as mon€o, was an electronic purse system available on French bank cards to allow small purchases to be made without cash used from 1999 to 2015.[1]
History
Moneo is based on the German system Geldkarte. It was launched in Tours on 30 September 1999 by economy minister Dominique Strauss-Kahn.[2][3] Supported by all French banks, Moneo was tested in Brittany and Montpellier in 2002, and from 2004 Moneo has been added to most French bank cards.[citation needed]
The system had been aimed at small retailers such as bakeries and cafés and intended for purchases of less than €30. The card was inserted into a handheld Moneo reader by the merchant who entered the transaction amount for the customer. The customer then confirmed the purchase by pushing a button on the keypad; the exact amount was debited from the card within a few seconds. As well as the multipurpose bank card version, anonymous cards (also smart cards) were available for the use of people without bank accounts, such as children and tourists.[citation needed]
See also
- Geldkarte
- Octopus card
- Quick Wertkarte
- Chipknip
References
- ↑ "Faute d'usagers, Moneo arrête les frais" (in FR-fr). https://www.bienpublic.com/actualite/2015/04/22/faute-d-usagers-moneo-arrete-les-frais.
- ↑ Thorel, Jerome (1999-10-02). "Monéo, la monnaie électronique trébuchante" (in fr). https://www.zdnet.fr/actualites/moneo-la-monnaie-electronique-trebuchante-2058883.htm.
- ↑ Prudent, Robin (2015-06-29). "Moneo, c'est fini : « A chaque commerce, on me la refusait »" (in fr). https://www.nouvelobs.com/rue89/rue89-economie/20150629.RUE9693/moneo-c-est-fini-a-chaque-commerce-on-me-la-refusait.html.
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