Ø
Less network cost - Online/offline transaction.
Ø
Fraud will be avoided (Microprocessor, Cryptography, Secret
Code, Dynamic Code) That code only known to the Issuer
Ø
Memory
ü
Public Memory
ü
Private Memory
Ø
Corruption not reduced fully.
Ø
Smart card supports the Multiple Application.
Ø
The primary benefit from the use of a Smartcard is increased
security. Smartcards are inherently more secure than conventional magnetic
stripe cards and this brings tangible benefit to both the card issuer and the
card user.
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