March 21, 1997 |
Motorola Inc. said it has created a business unit to produce smart cards, devices about the size of credit cards that contain personal and financial information. Motorola is already the leading provider of microprocessors for smart cards. Its new unit will expand into producing the cards themselves, the products that read them and encryption technology to safeguard the information.
October 18, 1998
One of the things that made "smart cards" popular in Europe was the fact that before smart card readers were widely available at most retailers, they were everywhere else ["E-Commerce May Help Americans Learn to Love Smart Cards," Oct. 11]. Every possible vending machine had them, pay phones had them, virtually any pay-as-you-go utility device had them. Europeans were sold on convenience, and this was aided, as mentioned in the article, by standardization. Smart cards enabled another type of convenience that had been unknown in Europe until the emergence of such cards: the ability to easily go from one country to another without having to convert large amounts of cash.
May 6, 1985 |
Just as we're all struggling to grasp the idea of debit cards and home banking, they tell us that "smart cards" are coming, moving us further toward tellerless, paperless, bankless financial transactions.
CALIFORNIA | LOCAL
February 24, 2000 |
How smart is a Smart Card? Tonight's speaker at the World Affairs Council of Ventura County will provide an answer while discussing the plastic, wallet-sized cards during a meeting beginning at 7:30 at the Cal State Northridge satellite campus in Camarillo. "The presentation will be about the little credit cards with computers in them," said Nathan Pratt, chairman of the council, which is sponsoring the talk. "And how they have taken over in Europe and are now coming to America."
March 4, 2004 |
Retailing giant Target Corp. is phasing out computer chips on its Target Visa cards due to limited shopper use, dealing a setback to proponents of "smart card" technology. Target announced the move Tuesday, less than three years after it introduced the cards. The technology allowed cardholders to download discount "coupons" from the Internet or in-store kiosks onto the cards, then use the coupons in Target stores.
July 15, 1996 |
Among the most ambitious and important technology events at the Atlanta Olympics this month will be Visa's smart-card project--the first large-scale experiment with cash card technology in this country. Visa will issue about 2 million cash cards, which, unlike traditional credit cards, each contain a microprocessor chip storing a specific cash value.