What Are the Different Types of Smart Card Technology?
A smart card, also called a chip card or an integrated circuit card (ICC) may look just like a magnetic-stripe credit card, but it’s not. Most smart cards hold a computer chip that contains a microprocessor, which, unlike a magnetic-stripe card, is able to receive and process data. Smart cards are used for identification, to hold important records, and for financial transactions. There are a number of different types of smart card technology, and new types continue to be developed as more secure systems are sought and new uses are invented for them.