The Benefits Of Using Smart Cards In Your Business

 

Adopting smart cards in your business can be helpful in various ways. This technology can improve data security. Even though smart cards may look like any other credit card with a magnetic stripe on the back, they are a radically different technology. Smart cards are equipped with tamper-resistant microprocessors that can store authentication data. They can be used in various electronic processes, such as access control, authentication, sensitive data encryption and personal identification. Moreover, a smart card containing a person’s banking information can be used to make secure financial transactions.

When you use metal business cards, you will enjoy persistent, protected storage. How much memory a card has depends on the application, but 1 KB to 256 KB is typical. This is dramatically more compared to the approximately 150 bytes that can be stored on a magnetic stripe card. The increased capacity also accommodates encryption capabilities.

Once the information has been stored on a smart card, it becomes difficult to erase, alter or delete, whether intentionally or accidentally. What makes the card smart is the fact that not only does the microprocessor store data, but it also has its own operating system that can process data in real time.

Unlike the traditional magnetic stripe cards, smart cards are generally resistant to electronic interference and magnetic fields. Due to the smart card storage’s resiliency, the technology is attractive for use cases that involve sensitive data that must not be reproduced or breached. Because of the security risks associated with magnetic stripe cards and the shift to the EMV (Europay, Mastercard and Visa) global online payment standard, almost all credit cards today are fitted with smart card technology.

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