Memory Cards - Contact Chip
Memory cards are popular as high-security alternatives to magstripe cards in such markets as loyalty, school meals, laundry, car-parking, closed e-purse schemes and cashless vending.
One key reason for the growth of memory cards is the fact they cost significantly less than micro-processor based cards. When the number of deployed cards is large, the cost savings can be significant. See the main types below ranging from memory cards with no security to those with protected memory or the later generation crypto-memory products.
