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General
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A
smart card, chip card, or integrated circuit card (ICC), is defined as
any pocket-sized card with embedded integrated circuits which can
process information.
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The
card is made of plastic, generally PVC, but sometimes ABS. The card may
embed a hologram to avoid counterfeiting.
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Dimensions are normally credit card size. The ID-1 of ISO/IEC 7810
standard defines them as 85.60 × 53.98 mm. Another popular size is
ID-000 which is 25 x 15 mm. Both are .76 mm thick.
Benefits
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Smart
cards provide a means of effecting business transactions in a flexible,
secure, standard way with minimal human intervention.
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Smart
card can provide strong authentication for single sign-on or enterprise
single sign-on to computers, laptops, data with encryption, enterprise
resource planning platforms such as SAP, and etc.
Market and Report
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India
has witnessed continued boom in the smart card market in the past couple
of years.
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Smart
card applications in conjunction with mobile communications, biometrics,
RFID, and e-Payments are fast penetrating in a variety of socio-economic
spheres and regions of India.
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The
major card associations have collaborated to develop the EMV (Europay,
MasterCard, Visa) standard, a mechanism by which the payments industry
is seeking to ensure that cards, terminals and other systems will
successfully interact, for debit and credit applications at least,
wherever they are in the world.
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Smart
Card Management Systems (SCMS) manage cards and applications throughout
their entire life cycle, before and after issue to customers.
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