What Is a Smart Card? A smart card is a normal bank card that contains a microchip. This chip can process different kinds of information, hence various industries use them in various ways. Financial institutions are t present the most frequent users of smart cards due to the benefit to their customers. Smart cards contains many uses that allow you to make purchases from a credit account, debit account, or stored value on the card. …showed first 75 words of 1084 total…

…showed last 75 words of 1084 total…having everything you need at your fingertips, and the increasing speed of today's computer technology." When Will Smart Cards Be Available to Consumers? Over the next several years, Internationally accepted smart cards, such as those being developed by Visa will be increasingly available over the next several years. In fact, a large majority of the world already use them. No doubt a financial institution will contact you directly regarding new chip-enhanced services when they're available.