Mondex Canada has chosen Sherbrooke, Quebec, for its third communitywide rollout of the electronic cash technology.

The Canadian franchise has been operating its inaugural system in Guelph, Ontario, for more than a year. It recently reported 12,000 cardholders, 560 merchant participants, and $2 million of cash value loaded on the cards.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

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