What other benefits do smart cards offer?
Consumers across the globe are embracing new features, such as authentication, electronic ticketing for transit and events, among other venues. This provides faster, easier, and more flexible access to everyday services. The memory capacity and processing power of chip technology enable a range of complementary applications to reside alongside payment. Visa and its client banks are working with transit authorities, health care providers, and other service organizations worldwide to enable value-added services applications in a VSDC chip.