Articles
The specifications set by Europay, MasterCard and Visa (EMV) will provide smart card holders with a unified security standard, says Pierre Kotze, EMV specialist at Namitech.
Smart cards can benefit industries other than financial services, says Pierre Kotze, executive at Namitech Financial Services.
The transition from magnetic stripe to chip is gathering momentum worldwide and the payments landscape is being dramatically reshaped as a result.
Three factors driving the marketplace today are security, mobility and convenience. This is where smart cards come in. They really respond to the `anytime, anywhere` requirement and provide optimal extra security.
Pierre Kotze, financial services executive at Integrated Card Technology, believes that the banking industry will embrace smart cards from the middle of next year.
The long-term potential of smart cards lies in the ability to carry a range of applications from different industries, says Pierre Kotze, executive financial services at Integrated Card Technology.
Pierre Kotze, financial services executive at Namitech, says smart cards are waiting in the wings to replace debit cards.
Smart cards could be vital for companies which need assurance that the new acquaintances they meet over the Internet are legitimate companies, says Pierre Kotze, product manager at Integrated Card Technology.
Smart cards are a secure and effective way to help ensure authenticity and non-repudiation when an individual is involved in an e-commerce transaction, says Pierre Kotze, product manager at Integrated Card Technology.
Far from "luring them into overspending", smart card technology can only improve every consumer`s way of life, says Pierre Kotze, product manager at Integrated Card Technology.