Currency notes to cheques, cheques to plastic money and now, from plastic money to integrated microchips or what we call in our trade is E-cash. It is the smartest way of carrying cash nowadays and gradually gaining popularity in the world of cashless transactions.
The wide applications which it supports like bar codes, magnetic stripe, chip encoding and contactless smart card; does not restrict this solution to only one or two areas but the other related areas where this solution comes handy are:
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Campus solution
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Hospital managemen
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Clubs
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Amusement parks
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Canteens
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Vending machines.
Thus, in one sentence we can say, “One card with multiple applications”.
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