Smart Card
Smart Card
Smart Card
Smart cards may also be used aselectronic wallets. The smart card chip can be
"loaded" with funds to pay parking meters, vending machines or merchants.
Cryptographic protocolsprotect the exchange of money between the smart card
and the machine. No connection to a bank is needed. The holder of the card may
use it even if not the owner.
These are the best known payment cards (classic plastic card):
Visa, MasterCard, American Express, Discover
DISADVANTAGES :
oMisused by friends
oLoss of card