Essay On Smart Cards

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Smart Credit Card is an Apple Pay/ Android Pay Alternative

Smart Credit Card aims to replace your wallet full of debit and credit cards with just one card. It is a card that is an alternative to mobile payment when you feel that you can't be that secured with Apple Pay and Android Pay. This is because unlike these services that uses your phone, SmartCards has it in a familiar setting - a plastic card. Smart credit cards offer convenience as well as maintaining security. So, instead of carrying dozens of credit cards, debit cards, reward and gift cards it is all tidied up in one card.

How Smart Credit Card Works
Since not all merchants accept contactless payments like Apple Pay and Android Wallet, Smart Card is a way to consolidate this until …show more content…

Instead of having too many credit cards, debit cards, rewards, gift and club cards in your wallet, you have one that represents them all.

When you bought a smart credit card, it comes with a magstripe reader that looks like a Square credit card reader. Use the magstripe reader to your cards then through the app, the Bluetooth connection will transfer these information to your credit card.

An induction coil within the smart credit card is reprogrammed whenever you use a card for purchases. Using the induction coil, the smart card will reprogram the coil to reflect to the store you've made your purchase.

A smart credit card has a microprocessor built in itself. This acts as a form of cryptography where the cards are masked with secret codes to prevent any unauthorized access to it. Cryptography in smart credit cards are essential and it functions in several ways, like:

When a user make a purchase, he or she must confirm his identity. This is similar to inputting a PIN to an ATM.
The card reader and the card will execute a sequence of encrypted exchanges to verify that the dealing is legitimate.
Once the deal is set, the transaction is carried out in an encrypted method to prevent anyone from eavesdropping on the

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