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What is the difference between a debit card and a smart card?
While the debit card uses a magnetic strip, the smart card typically uses an embedded semiconductor to store and maintain information.
What is the difference between debit card and smart card?
debit card the card holder uses the balance of his or her own account in bank and make immediate payments while purchasing. smart card it can be used as a cash where accepted
Why smart card called as smart card?
Smart card (also known as ICC card) are called smart because these have an IC chip which can process the data.
What is the difference between a credit card and smart card?
Credit cards are an application of smart card.Credit cards are either smart card or magnetic strip card.A smart card is a card which have an IC chip to process the data/ Smart card have the capability to process the data.
What is the difference between a smart card and debit card?
A debit card is a credit card that is connected to a specific account where money can be deposited. A smart card has intrinsic value, and can be used as cash where accepted. When value is added to the smart card, the record is on the card itself.Above answer is financiallyTechnicallyDebit cards are an application of smart card.Debit cards are either smart card or magnetic strip card.A smart card is a card which have an IC chip to process the data/ Smart card have the capability to process the data.
