what do ypu mean by smart card? explain its utility
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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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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.
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