Smart Cards in the Payment Industry

Education of End Users and Improvement of Acceptance Infrastructure are Key for Adding Momentum to Contactless Technologies

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This market insight provides an analysis on the implementation of smart card technologies in the payment industry. It describes the implementation of the EMV standard and the adoption of contactless cards. Moreover, this market insight discusses the opportunities smart card vendors have for deploying contact/contactless cards and smart card software services. The market insight concludes with an analysis on Near Field Communication technology from an infrastructure and end-user perspectives.

Table of Contents

Smart Cards in the Payment IndustryIntroductionSetting the Scene and Key MessagesMarket DefinitionsMarket Overview and Key DefinitionsImplementation Status of the EMV StandardEMV Standard - The Chip Card TechnologyContactless Cards - Paving the Way for Mobile Contactless Payments?Contactless TechnologyMobile Contactless Payment - An Analysis on NFCNFC TechnologyCompany ProfilesSmart Card and POS Terminal VendorsConclusionsConclusions and Recommendations

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