Smart Card

Abstract

Smart card includes both debit card and credit card. There is a microprocessor chip which stores the information which can be then easily added, deleted and periodically refreshed for any additional use. This chip is basically used for security purpose. A card reader is needed to extract the information. When you put your card into the card reader it reads all the information. Cards have different functionality, life and configuration. These are basically of two types, contact and contactless cards.