What are the advantages and disadvantages of smart cards?

1. 73

   london_guideposted 14 years ago

   What are the advantages and disadvantages of smart cards?

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2. 70

   jabelufirozposted 14 years ago

   Some advantages that smart cards bring:
   
   It provides reduction in costs
   It has technical specification standards
   It gives security of information
   It has more organized information
   It has emergency information
   The process doesn't require paper
   One card can access multiple transactions
   It can do transactions off and on-line
   It is more convenient, since people don't have to carry cash or multiple cards
   It reduces fraud
   It has high memory capabilities
   It has the ability for on-site approval
   End-user only accessibility
   
   Besides advantages, smart cards also have some disadvantages, such as:
   
   Fees applied with the use of a card
   It gives liability issues if stolen or lost
   The accuracy of information is small
   Lack of technology to support users
   It is potential for too much data on one card if lost or stolen
   It is a potential area for computer hackers and computer viruses

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3. 0

   blake4dposted 12 years ago

   You might be unlucky enough to get a dumb card by accident.

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4. 51

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