Abstract: An electronic token system includes a token receptacle, having a housing with a receiver channel, and a token for insertion in the receiver channel on an insertion path defined by one or more receiver-channel guide surfaces. The token includes a data exchange circuit and a plurality of electrical contacts in a planar array exposed on a contact surface of the token in electrical coupling with the data exchange circuit. A plurality of spring-loaded probe contacts are mounted in the token receptacle, the probe contacts each having a plunger movable by spring action in a direction generally orthogonal to the planar array of electrical contacts on an inserted token and having a contact tip for receipt at a corresponding one of the electrical contacts in the planar array. A stop is provided on the token for contacting a travel limiter on the token receptacle, the stop and travel limiter being configured to define full insertion of the token into the receiver channel.