Security

Smart Cards provide computing and business systems the enormous benefit of portable and secure storage of data and values.

Physically smart cards are rugged, can withstand shocks, heat and torque.

Magnetic fields, X rays or electromagnetic radiations do not affect Smart Cards

Tamper proof and only authorized persons have the access to it.

Smart Card can provide more secure environment for transaction and records.

The memory can be read and written in excess of one hundred thousand times.

Multiple applications can be deployed using just one smart card.

In conclusion Smart Card based application increases gross revenue and productivity by:

Decreasing administrative cost and increasing security.

Streamlining accounting procedures and decreasing frauds.

Giving a secured electronic purse.

Effective Customer Relationship Management

All in all smart Cards have a number of advantages over magnetic stripe cards:

Greater reliability.

Reduction in tampering and counterfeiting - due to high security mechanisms.

Storage capacity is increased by up to 100 times.

SmartCard are multi-functional.

The anticipated working life of a SmartCard is ten years compared to that of a magnetic stripe card at three.

Smart Cards within the next five to ten years will be the industry standard in debit and credit cards. As the major high street banks and finance houses are now investing in the change over to smart card technology.

Smart Card Management Process