Mexico's 600-branch Grupo Financiero Banorte SA has been experimenting with electronic banking to reach the vast majority of Mexicans who have no bank accounts.

Working with NetLink Transaction Systems Corp. of Victor, N.Y. and Fujitsu-ICL of La Jolla, Calif., Monterrey-based Banorte is approaching the unbanked with a smart-card-based system for paying factory workers.

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