Discount Investment Corp. and Paz Oil Co. have acquired the Israeli franchise rights to the Mondex electronic cash system, Mondex International announced.

Discount Investment, which has a wide range of corporate investments and assets approaching $1 billion, is part of IDB Holding Group, the parent of Israel Discount Bank.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.