The smart card technology is a major driving force for the payment transaction market as it allows customers to make secure payments. The market will migrate from magnetic stripe base cards or memory chip based smart cards to microprocessor based smart cards. These microprocessor based smart cards will include contact smart card, contactless smart card and Dual Interface smart card. On the microprocessor based smart card, it will be loaded with native or open operating system and different payment scheme targeted for specific payment application.
- Java card / native
- VISA, MasterCard, Amex, Dinner, Advantis, PBOC
- SDA, DDA, CDA
- Contact, Contactless, DIF
- Memory : 12k – 81k