Glossary

Smart Card

A Smart Card, also known as a chip card, is a plastic card embedded with a computer chip that interfaces with external devices to store and transmit data. These chips can be either memory chips or microprocessors, and they play a crucial role in securely managing information associated with various transactions. The most common form of smart card today is the modern credit or debit card, which contains an EMV (Europay, Mastercard, and Visa) chip for secure payment processing.

Key features and benefits of smart cards include:

By leveraging advanced chip technology, smart cards provide a secure and reliable solution for various transactional and identification needs, significantly enhancing security and user experience across different applications.

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