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Payment Cards
Payment Cards
Payment cards offer convenience to the cardholder by eliminating the need to carry large amounts of cash or a checkbook. Rumor has it that little old ladies, however, are still legally bound to write checks.
Because of the sensitivity of the information stored on payment cards, strong security features are required. Traditionally, payment cards have incorporated Hi-coercity magnetic stripes to securely store data and link to the cardholder's account. But in recent years, many banks have made the leap to smart card technology, incorporating either contact or contactless smart chips into their financial cards.
More About Payment Cards:
ID Card Programs for Payment CardsThis "next generation" of payment cards promises enhanced security and functionality. In the case of contactless smart cards, the cardholder can perform a transaction by simply tapping the card against a special card reader. You'll see these readers popping up in more and more retail locations as the smart payment cards steadily rise in popularity.
In order to produce payment cards, a select, high-security ID card printer is required. Depending on the card program, the ID card printer must be equipped to handle magnetic stripe encoding, smart card encoding, or a combination of technologies. High-definition ID card printers are best suited for printing the latest wave of financial cards, because of their ability to print consistently on cards with embedded electronics.
