ELECTRONIC PURSE SYSTEMS
Electronic purses are a convenient choice when performing low-value transactions or when required to make exact payments in, for example, cafeterias, book stores, public transportation units, parking lots, etc., and they combine the advantages of cash with the security and convenience of a Smart Card.
Smart Cards have been created as an interesting alternative to micro payments. The advantage of the common pocket purse is that it allows the user to keep a variable amount of money, usually not too large. The payment process is fast and simple.
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