Bankers in France and the United States, poles apart in their past attitudes toward smart cards, are on some surprising common ground when it comes to the hotly debated subject of electronic cash.

They sound equally skeptical about their ability to make money from an electronic purse or stored value service that merely attempts to automate small cash transactions using computer chips on plastic cards.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

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