Question

Difference between smart card and debit card

Answer 1

Generally smart card are prepaid card and u may use up to the limit which u have recharge it
and debit card basically linked with your bank a/c and u may use it up to your bank balance.

in these two cards u need not to pay money after utilization because u already have done this but credit card is issued by bank and bank decide the limit for ur credit and u may use this limit for your purchasing and other shopping purposed u need to pay it after the use according to bank policy. generally it is 20 to 50 days depends onto your purchasing date and statement generation date.

Answer 2

electronic processes including personal identification, access control, authentication, and financial transactions. Smart card readers obtain or “read” this type of data. These easy to install devices read the data that is stored on contact or contactless 13.56 MHz smart cards.