An Overview of Smart Card Technology and Markets

Topics:
Commercial Banking
Tags:
Authentication/Encryption,
Digital Security,
Security,
Smart Card,
Smart Cards
Source:
Federal Reserve Bank of Philadelphia

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Overview: This paper provides an overview of smart card technology and its potential for significantly increasing payment card functionality. In addition to reviewing the market for smart cards in the US for the year 2002, this paper examines the costs and barriers associated with their wide spread adoption. European and US smart card acceptance is compared. In addition, this paper provides background on the technological and infrastructure developments behind smart cards, a discussion of the smart card applications, and a review of smart card adoption in banking.

(Is this item miscategorized? Does it need more tags? Let us know.)

Format: PDF | Size: 292KB | Date: Apr 2002 | Pages: 11

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