Smart Card Vendors

Smart cards are tamper-resistant portable storage devices that can be used to authenticate users and perform a variety of other tasks. They are often found in the form of credit cards or SIM (Subscriber Identity Module) cards in cell phones.

Smart card vendors provide both hardware and software for use with smart cards. Most offer development kits for application developers and Java Card applets.

Manufacturers

Manufacturer of smart card chips, contactless cards & readers. Provides custom milling, encoding & a wide range of chip sizes & configurations. Specs include memory, microcontroller & tamper-proof serial memories. Suitable for a variety of applications including mobile, identity & access, security and transport.

The contactless smart card market is expected to grow at a significant rate in the next few years. The key factors driving this growth are the increasing need for security in the banking & financial services, retail, government and transportation industries. The COVID-19 outbreak has also had a positive impact on the contactless smart card industry, with governments across the world advocating social distancing to contain the spread of the virus.

A contactless smart card contains a secure microprocessor, internal memory and a small antenna that communicates with reader systems via radio-frequency identification technology (RFID) or near field communication (NFC). This technology uses ambient energy to create electricity, which is used to power the smart card vendors microprocessor and send data across the interface. Contactless smart cards are becoming increasingly popular in the world due to their convenience, speed and security.

The International Card Manufacturers Association (ICMA) is a non-profit trade organization that represents manufacturers, personalizers, suppliers and other companies in the card industry. The group provides education and training, early knowledge of industry trends and networking opportunities to its members. ICMA is working to improve the end-user experience by developing technologies that allow smart cards to be used more conveniently and securely. The organization is also seeking to address the issues of a lack of common standards for contactless smart cards and a need for more interoperability between card systems.

Distributors

Distributors of smart card technology are a key link between the manufacturers and the end users. They can offer a wide range of solutions including card design or customization, reader hardware and integration services. They can also provide technical support, system designing or building, inspection, preventative maintenance and engineering consulting. They serve industries such as hospitality, healthcare, telecommunication and ticketing.

Smart cards contain a microprocessor chip with a variety of functions such as memory or serial memory and a microcontroller that allows them to store, read and transfer information. These chips are embedded in plastic-based cards and used for a variety of purposes such as personal identification, secure access control and data storage. The rising information security needs related to user credentials is expected to drive the demand for smart cards.

The global smart card market is growing rapidly due to the increased use of contactless cards in many industries. The market is driven by a variety of factors such as the surge in contactless payment cards, growth of e-government and m-government services, heightened demand for access control systems, proliferation of electronic ID and the increase in mobile applications. In the coming years, the market is expected to grow even further due to the introduction of new technologies such as biometrics, mobile payments and contactless radio frequency identification.

Service Providers

A smart card contains a microprocessor and an embedded integrated chip, making it more secure than a conventional credit or driver’s license. It is small, thin and tamper resistant. It is used to authenticate identity and provide access to networks, systems, applications or facilities. It can be inserted into a reader smart card vendors by direct physical contact — also known as “chip and dip” — or through a short-range wireless connection standard such as near field communication (NFC).

The smart card market includes multiple players with seemingly competing interests. However, they work together productively to build common infrastructures and develop interoperable technologies. The Smart Card Forum, for example, includes diverse industries and government groups, many of which have very different needs and goals.

The smart card market is primarily driven by demand for contactless payments and the growing adoption of smart cards in a variety of sectors. These cards provide quick and secure ID verification for accessing transportation systems, payment services, hotels, and restaurants. In addition, they are becoming increasingly important tools for businesses to protect sensitive data. Smart cards can be used to store information securely and to support passwordless authentication, MFA tokens and Single Sign-On (SSO) authorization. The market is also expected to grow due to the increasing number of medical facilities and telecommunications companies that use them.

Consultants

A smart card is a plastic credit or identification card with a microprocessor chip that can store information and perform functions. It is a more secure alternative to passwords, which are easily hackable and can be used by anyone to access systems. In addition, smart cards can be reloaded with new data rather than having to purchase and install a new card. This makes it easy to keep personal information up-to-date.

Although the concept of smart cards has been around for years, widespread adoption has not yet occurred. The reason for this is the difficulty of integrating the technology into existing systems and obtaining funding to implement it. Many government agencies lack the technical expertise to develop and deploy interoperable systems. However, several companies are offering consulting services to help federal agencies adopt the technology.

The smart card market is a global one that has multiple growth opportunities, including the ability to process transactions locally and provide identity verification. In addition, a smart card can contain reloadable functions, such as debit, credit, and stored value. In a multiapplication program, students at Florida State University have been issued smart cards that feature student identification, dormitory security, and banking as well as a variety of stored value functions for food, payphone, photocopying, transportation, and vending services.

G+D’s issuance solutions are based on years of experience supporting banks and financial intermediaries with all aspects of their issuance journey, from consultative issuance deployment solutions to strategic digital services. Our deep knowledge of the payments landscape allows us to understand and better support our clients’ strategies in an increasingly complex and challenging environment.