 |
Contactless Credit Cards
A contactless credit card is different from an ordinary credit card. A contactless credit card uses RFID technology to store information about your account and to transfer it to the merchant. Standard credit cards carry data on a magnetic strip; when the card is swiped against a reader, the data is transferred.
It is expected that, by the end of 2006, between 35 and 50 million contactless cards will be in use in the United States at as many as 50,000 merchant locations.
The primary advantage of the cards lies in the speed of the transaction; bringing the card within a foot of the reader is sufficient.
For more information, read these articles about advantages of contactless credit cards and disadvantages of contactless credit cards.
(go to RFID articles)
Index of related articles:
Active Tag (Active RFID Tag)
Amplitude Modulation (AM)
Antenna (RFID Tag Antenna)
Anti-collision
Back scatter (RFID back scatter)
Bi-directional
Contactless smart card
Chipless RFID tag
Contactless Credit Cards
Closed Systems (or Closed Loop Systems)
Code plate (RFID code plate)
Continuous Wave (CM)
Electromagnetic Interference (EMI)
Electronic Article Surveillance (EAS)
Electronic Product Code (EPC)
Error Correcting Code (ECC)
Error Correcting Mode
Error Correcting Protocol
Excite
Factory Programming
Field Programming
Frequency Modulation (FM)
Frequency Shift Keyed Modulation (FSKM)
Frequency Hopping
Harvest
Inductive Coupling
Modulation
Passive RFID Tag (or Passive Tag)
Phase Modulation (PM)
Pulse Duration
RF Fibers
RFID Reader
RFID Tag Collision
RFID tag
Smart label (RFID Smart Label)
RFID Reader Collision
Smart cards
Transponder for RFID
