MasterCard International and its Mondex smart card affiliate have laid out a technology strategy that they describe as more complete and advanced than what Visa or any other competitor offers.

With support from several technology vendors, MasterCard and Mondex announced a multiple-application operating system, brand-name Multos, that will allow a single card to be used for as many functions as a bank and its customer desire.

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.