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Information @ a Glance

General

  • 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.

  • The card is made of plastic, generally PVC, but sometimes ABS. The card may embed a hologram to avoid counterfeiting.

  • 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

  • Smart cards provide a means of effecting business transactions in a flexible, secure, standard way with minimal human intervention.

  • 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

  • India has witnessed continued boom in the smart card market in the past couple of years.

  • 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.

  • 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.

  • Smart Card Management Systems (SCMS) manage cards and applications throughout their entire life cycle, before and after issue to customers.

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