Business Studies, asked by laxmikumarisingh093, 7 months ago

what do ypu mean by smart card? explain its utility

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Answered by ishanraj093
2

Answer:

A smart card is a small sized card which has a programmable microprocessor chip and is used for making payments and storing relevant information. The utility of smart card is as follow : ... Pay phones : Smart cards may be used for pay phones. Instead of inserting coins in telephone instruments, smart cards may be used

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Answered by sirpatidargmailcom
0

Answer:

A smart card is a small sized card which has a programmable microprocessor chip and is used for making payments and storing relevant information. The utility of smart card is as follow : ... Banking : Smart cards are used in electronic banking for direct debiting or crediting up to the stored amount.

Explanation:

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