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Short: Mondex, Cybercash development agreement

CyberCash has signed an agreement with Mondex International to integrate Mondex's smart card technology into the CyberCash Wallet, software that handles a variety of payment types over the Internet. Mondex card holders will be able to purchase goods over the Internet securely using their plastic "stored value" card, which contains a computer chip to keep track of expenditures. In the U.S., Wells Fargo Bank and AT&T Universal Card Services will introduce Mondex cards. Wells has begun an in-house test with its employees in San Francisco.

CNET News staff
has signed an agreement with Mondex International to integrate Mondex's smart card technology into the CyberCash Wallet, software that handles a variety of payment types over the Internet. Mondex card holders will be able to purchase goods over the Internet securely using their plastic "stored value" card, which contains a computer chip to keep track of expenditures. In the U.S., Wells Fargo Bank and AT&T Universal Card Services will introduce Mondex cards. Wells has begun an in-house test with its employees in San Francisco.