Smart Cards has been around for about many years and has transformed our lives in many aspects. Do you know that the SIM card that you have in your cell phone is a compact smart card. Intelligent credit score cards are increasingly being used in different industries and as per an estimate 20% of the world's plastic is used to make smart credit score cards. Let us try to know more about them.
Smart card, invented by Michel Ugon in 1977, is a small card embedded with circuits which helps in processing of details. Intelligent credit score cards make use of the smart card technological innovation with which details is written and read from them. A sensible card resembles a credit score card in its shape and size, but while a credit score card has a attractive strip, smart credit score cards use microprocessor chips which are available in 8, 16 and 32 bit architecture. Intelligent credit score cards can store details anywhere between 200 bytes to 20,000 bytes, which is a good enough memory to store certain personal details of the user. Intelligent credit score cards are made of Polyvinyl chloride or Acrylonitrile Butadienene Styrene (ABS) plastic.
Smart Cards Writer
A smart card author is a system that can interface with a smart card so that details can be put on it. The smart card author has the capability of overwriting, reformatting and altering existing details. These devices are protected so that only authorized personnel can use them. Now as we know what a smart card author is, let us know about a smart card audience.
Smart Cards Reader
Smart credit score cards are placed in a system to retrieve the details. This system communicates with the smart card either physically or through Radio Frequency Recognition (RFID) technological innovation and does the task of fetching details. This system is known as smart card audience. The smart card audience software ensures security and privacy of the smart credit score cards so that confidential details remains protected. There are different brands in the market who offer you various kinds of smart card readers.
Smart Cards Alliance
The Intelligent Cards Partnership is a not-for-profit, multi-industry association working to stimulate the understanding, adoption, use and widespread application of smart card technological innovation. The Intelligent Cards Partnership can be thought of as a spokesperson for smart card technological innovation and it organizes various conventions, seminars etc. to discuss the impact of smart credit score cards in different countries of the world, especially America and Latin America. It is an alliance which has over 170 members worldwide. (Courtesy : Intelligent Cards Alliance)
Ozarks Technical Panel College (OTC) Intelligent Card
OTC smart credit score cards are a result of the partnership between Ozarks Technical Panel college and Higher One, a financial services company. These smart credit score cards help learners in faster delivery of funds. It also offers learners the 'easy refunds' mode of receiving reimbursements as the learners can get the refund on the same day as OTC releases it.
Types of Intelligent Cards
Smart credit score cards are classified as contact credit score cards, contactless smart credit score cards, combi credit score cards, hybrid credit score cards and proximity credit score cards. These different kinds of smart credit score cards are used in network security, vending, electronic cash, e-commerce, student identification etc. 9 line medevac smart card is useful as it helps in emergency purposes. Smartphone card is popular to make international calls as these are cost-effective. These are just some of the benefits of smart credit score cards. Toshiba, the Japanese company manufactures one of the bestselling smart credit score cards in the market known as smartmedia card.
The advantages of smart credit score cards technological innovation over charge and bank credit score cards are numerous. Intelligent credit score cards are better protected than credit/debit credit score cards as the attractive stripe on the credit/debit credit score cards can be easily duplicated. Also, when buying online, many of us are skeptical about the safety standards followed by the website. Whenever websites ask us for our credit score card numbers and passwords, we are often unsure whether the sites are encrypted or not. A Intelligent card on the other hand is much more protected as it requires a special audience to access details. Intelligent credit score cards help to make internet transactions lot more protected, if not completely fool-proof. This is just one of the numerous advantages smart credit score cards have over standard debit/credit credit score cards.
There are a lot of people who disapprove using smart credit score cards as they say that technological innovation can never be 100% protected and no matter how hard one may try, there will still be a loophole through which smart credit score cards can be misused. But then, we can't succumb to not using a technological innovation because some people out there are using or rather misusing it for personal gains. Like every other thing, smart credit score cards too have their benefits and drawbacks, but for a technological innovation to survive the advantages should always outweigh the drawbacks and that luckily is the case with smart credit score cards. A lot of innovation has taken place in smart card technological innovation over the years, and in near future smart credit score cards are expected to play a larger role in our day-to-day lives.