MANAGEMENT

Detailed explanation-1: -A smart card is a device that includes an embedded integrated circuit that can be either a secure microcontroller or equivalent intelligence with internal memory or a memory chip alone. The card connects to a reader with direct physical contact or with a remote contactless radio frequency interface.

Detailed explanation-2: -Smart card is a plastic card that is similar to a credit card. It has a silicon chip embedded in it. It can store 64 kilobytes of data and instructions. A smart card is a security token that has an embedded chip. Smart cards are typically the same size as a driver’s license and can be made out of metal or plastic.

Detailed explanation-3: -A smart card is a physical card that has an embedded integrated chip that acts as a security token.

Detailed explanation-4: -Integrated Circuit (IC) Microprocessor Cards. Microprocessor cards (also generally referred to by the industry as “chip cards") offer greater memory storage and security of data than a traditional mag stripe card. Chip cards also can process data on the card.

Detailed explanation-5: -Smart card is again similar to a credit card or a debit card in appearance, but it has a small microprocessor chip embedded in it. It has the capacity to store a customer’s work-related and/or personal information. Smart cards are also used to store money and the amount gets deducted after every transaction.