CyberMark Inc., a company that runs smart card systems in contained communities - mainly college campuses - is preparing to activate a Web site, www.mychipcard.com, that will let parents send money to their children at school directly through the Web, without using checks, wire transfers, or credit cards.

The students, in turn, could load the money on to their CyberMark smart cards, which serve as campus identification, stored value cards, and, sometimes, credit/debit cards. Parents could set up automatic transfers, so that a certain amount was drawn from their deposit account each month, or, because the smart cards can hold different accounts for different purposes, could designate that the money could only be spent at the bookstore.

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