Smart Card technology to prevent fraud
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(New page: Smart Card technology to prevent fraud is a summary of various ways that fraud can be prevented using smart cards. This wiki page mainly deals with fraud in Visa and Debit cards. == Gener...)
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(New page: Smart Card technology to prevent fraud is a summary of various ways that fraud can be prevented using smart cards. This wiki page mainly deals with fraud in Visa and Debit cards. == Gener...)
Newer edit →
Revision as of 03:42, 2 December 2007
Smart Card technology to prevent fraud is a summary of various ways that fraud can be prevented using smart cards. This wiki page mainly deals with fraud in Visa and Debit cards.
Contents |
General Facts about fraud
- Data Protection
- Ease of Use
- Easy to Transport Information
- Relatively Cheap and Efficient
General Facts about Smart Cards
- Smart cards use a microchip embedded onto the card.
- The chip uses no power, the reader provides the power and reads the information from the chip
- Smart card chips are encrypted
- They use RSA and DSA encryption algorithms
Problems with Smart Cards
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Future of Smart Cards
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General Tips to Prevent fraud
- Hide your PIN
- Watch for signs of tampered card readers
- Don't lend out your Credit card or Debit Card
