Smart cards are plastic cards that use embedded computer chips to store data. Compared to magnetic stripes which have been used on plastic cards for decades, a smart card’s microprocessor or memory chip can hold more information and provide faster data access, allowing them to be used for a wide variety of applications. Because of this, smart cards been gaining popularity over the years, letting both issuers and users experience smart cards’ primary benefits: convenience and security.
However, there are some things you should carefully consider before implementing smart cards for your business.
- Investment. Is your business or organization financially able and prepared to commit to a long-term advanced card issuance program? Keep in mind that you might have to decommission all or most of the assets you are currently using for your magstripe cards or barcode PVC cards. To help you save, resources that cannot be used anymore will have to be sold, traded or upgraded. Remember though that even if smart cards require a big investment, they offer greater returns in the long run.
- Benefits versus Risks. Smart cards are proving to be more reliable and harder to counterfeit than conventional card solutions. Governments and companies are seeing a significant drop in the number of fraudulent activities related to card theft and stolen identities. Many businesses and their customers are now experiencing the benefits of faster and safer payment processing. Because smart card technology is continuously evolving, the use of over-the-shelf tools to hack card information do not work. The risks associated with smart card usage is much lower than those of traditional card systems.
- Card application. If your company is a start-up or comprised of a small dedicated team, smart card IDs may not be right for you at this time. But if your business is expanding or you are thinking about integrating ID usage with other systems aside from attendance and time-keeping solutions, smart cards are the way to go. Chip cards can be used for employee purchases at the cafeteria, identity verification for the delivery of benefits, and many others.
- Training. Smart cards are generally very easy to use and requires little to no training. Security personnel and administrative staff however may need some training to properly use and maintain card readers, software and ID card printers.
- Scope. Who are you going to issue the smart cards to and why? Determining how many people are going to use the cards will help you get an idea whether or not you should use them. Some organizations may not have the financial resources needed to sustain a successful smart card program once the scope of implementation is factored in. Moreover, some corporate entities may not necessitate every staff member to use smart cards.
Deciding if you should start using smart cards can be difficult. ID Superstore can help you make the right choice by providing you information about the best ID printers and card products that best fit your needs. Fill out our contact form and we will get back to you with a tailor-made recommendation.
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