Bill Gates was speaking at the Smart Card 99 Business Development conference in Redmond when he released details of the technology which will be based around the Global System for Mobile Communication (GSM) standard.
UK retailers have to be smart card-compliant by the end of 2004 and consumers may end up footing the bill. All point-of-sale (POS) devices have to be integrated with a smart card reader which ensures better transaction security.
More than a quarter of UK retailers are wary of moving to the latest Chip & PIN smart card technology for plastic card transactions, according to a survey conducted by Retail Logic, a maker of payment processing software, and the Retail Bulletin...
London is set to begin a £2.2m trial of road toll-style smart card charging technology that could be extended as an enforcement tool in the congestion charging zone. The system involves tags or smart cards being fitted to vehicles and monitored by...
23.12.99 Web currency company Beenz.com has partnered with Mondex to develop a smart card that will store both electronic cash and beenz. The card is designed to bridge the gap between online and offline retail as it can also be used on the high...
Card fraud and identity theft are driving demand for and cutting the cost of smart cards in the financial sector, analysts claim. Successful smart card projects in other industries, such as contactless payments at toll booths, have convinced banks...
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