Electronic commerce makes transition to micro-payments

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The real-world Mondex trial has now been replicated with theintroduction of electronic micro-commerce on the Internet. Tim Phillipsexamines its chances of catching on, and anticipates the inevitablestandards war.

When Bridget Marshall, a 22-year-old postie, bought a copy of the Swindon Evening Advertiser in 1995, she was the unlikely start of a revolution in commerce. As one of the guinea-pigs in Mondex's...

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