Smart cards, plastic cards embedded with a microchip, memory and an operating system, differ from magstripe cards in that they can hold a significant amount of data, allow integration with numerous databases and can be programmed and re-used.
50, said Mallory Kates, vice president of marketing for Minneapolis-based Cardtronic Technology, a provider of health-care specific smart cards.
com), Custom Card Specialist Sean McDonald describes smart cards as "efficiency drains" for many schools; at Blackboard (www.
Magnetic stripe cards ate cheap, and go for between 50 cents and $1 per card.
They never use stolen credit cards
to purchase airline tickets when they fly to a distant location to steal or to pass credit cards
Risk-based pricing makes credit cards
available to consumers with less-than-perfect credit histories but also makes the credit more expensive for some consumers.
People send more cards
than ever during stressful times,'' she said.
sales may reach 100 million cards
annually by 2002, according to a recent study from Global Trade Consulting Co.
These issues largely revolve around the availability of adequate information to document that the appropriate amount of sales or use tax was paid on purchases made with procurement cards
According to market research, African Americans purchase an estimated 52 million cards
Today, influential persons would like smart cards
to replace all other monies.
For the past year, the Chicago Regional Transit Authority has been testing smart cards
that provide identification and an electronic purse for the handicapped.