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E-money experiments starts

E-money experiments starts

Commercial banks and credit card companies in Japan will begin an experiment Thursday July 16 to introduce electric money, or ''e-money'' in one of Tokyo's busiest shopping areas in Shibuya. A 46-company consortium led by Visa International and Sumitomo Bank plans to issue 130,000 cards for use at some 700 shops. The photo shows a mother being advised how to use ''e-money'' in ademonstration at an ice cream shop in Shibuya on Wednesday July 15.

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