LONDON - Mondex International has teamed up with Vodafone AirTouch on a system that permits small-value cash payments over the latter's wireless phone network.The system, demonstrated at last month's Cartes '99 conference in Paris, uses the European cellular telephone standard, GSM - Global System for Mobile communications - which requires a smart card to authenticate the customer. This subscriber identity card was supplied to Mondex by Giesecke & Devrient of Germany, with the payment capability added on.

"This is exactly the sort of cutting-edge technology we would like to be involved in rolling out globally," said Paul Donovan, marketing director at Vodafone, which has made a high-profile takeover bid for another top wireless provider, Mannesmann of Germany.

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