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Moneo

From Wikipedia, the free encyclopedia

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

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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

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References

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  1. ^ "Faute d'usagers, Moneo arrête les frais". www.bienpublic.com (in French). Retrieved 2024-04-25.
  2. ^ Thorel, Jerome (1999-10-02). "Monéo, la monnaie électronique trébuchante". ZDNet France (in French). Retrieved 2023-10-20.
  3. ^ Prudent, Robin (2015-06-29). "Moneo, c'est fini : « A chaque commerce, on me la refusait »". L'Obs (in French). Retrieved 2023-10-20.