A smart card, also known as a chip card, is a physical authorization token that is embedded with a microprocessor or a memory chip that stores and processes data. The different memory units present on the smart card helps in retrieving and computing all the necessary data and information.
All the information is securely collected and held in the smart card, which is further used to manage different financial transactions and to verify personal identifications. Smart cards can be personalized and customized as per the user’s choice through the help of the PVC card printing machine, which are used to emboss designs on the smart cards.