Apparatus, method and system for facilitating payment of monetary transactions

摘要

An apparatus, method and system for facilitating payment of a monetary transaction using a card device, the card device comprising a microchip for storing encrypted information including a denomination-specific balance having a plurality of selectable digital monetary amounts associated with a plurality of selectable denominations and a denomination non-specific balance, wherein the card device is rechargeable with further monetary amounts and allows a balance of a transaction to be credited to the card.