Real electronic commerce ‐ smart cards on the superhighway
David Birch
(Director of the IT Management Consultancy, Hyperion, Surrey, UK. He is a Visiting MBA Lecturer in Information Technology Management at the City University Business School and lectures on the impact of new information and communications technologies for the Nortel/Aspen Institute for Information Studies)
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Abstract
Discusses “smart cards” as electronic cash carriers. Examines technological innovations such as the Mondex “electronic purse” in the UK, where card values can be topped up by telephone. Forecasts that in the next few years, physical cash will be replaced as a main medium for transactions by “e‐cash,” which is cheaper to manufacture, more portable, and more versatile.
Keywords
Citation
Birch, D. (1997), "Real electronic commerce ‐ smart cards on the superhighway", Internet Research, Vol. 7 No. 2, pp. 116-119. https://doi.org/10.1108/10662249710165253
Publisher
:MCB UP Ltd
Copyright © 1997, MCB UP Limited