PolyU Library
Journal Call no.AP8.W56
AuthorTruscott, Brian.
Article TitleThe smart money : electronic cash set for trial run in Hong Kong / Brian Truscott.
Is Part OfWindow ; v.5, no.13, 12 Apr 1996, p.48-49, illus.
AbstractGet ready for electronic money, a growing number of corporations, banks, and credit card companies are positioning themselves for what could end up being a nasty global fight for significant market share. And some analysts believe that could slow down what they think is an inevitable transition from a monetary note in one's pocket to something as simple as a key chain that gives one access to his personal financial picture. Even senior executives of major credit card companies are forecasting a crowded playing field, which in itself could restrict mass acceptance of electronic money.