Moneo, sometimes branded as mon€o, is an
electronic purse system available on
French bank cards to allow small purchases to be made without cash and used from 1999 to 2015.
The system is aimed at small retailers such as bakeries and cafés and intended for purchases of less than €30.
The card is inserted into a handheld Moneo reader by the merchant who enters the transaction amount for the customer. The customer then confirms the purchase by pushing a button on the keypad; the exact amount is debited from the card within a few seconds.
As well as the multipurpose bank card version, anonymous cards (also
smart cards
A smart card, chip card, or integrated circuit card (ICC or IC card) is a physical electronic authentication device, used to control access to a resource. It is typically a plastic credit card-sized card with an embedded integrated circuit (IC) c ...
) are available for the use of people without bank accounts, such as children and tourists.
Supported by all French banks, Moneo was tested in
Brittany
Brittany (; french: link=no, Bretagne ; br, Breizh, or ; Gallo: ''Bertaèyn'' ) is a peninsula, historical country and cultural area in the west of modern France, covering the western part of what was known as Armorica during the period ...
and
Montpellier in 2002, and from 2004 Moneo has been added to most French bank cards.
See also
*
Internet currency
*
Octopus card
*
Quick Wertkarte
External links
The official Moneo site
Banking in France
Smart cards
Payment systems
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