Define Smart Card?

A Smart Card or Integrated Circuit Card (ICC) is any packet sized card embedded with integrated circuits. This implies that it can receive input which is prepared, by using ICC applications and delivered as an output. There are two broad categories of ICC’s: ® Memory cards contain only non – volatile memory storage components and with some        specific security logic. ® Micro processor cards contain voltaic means memory and micro processor components. Smart cards provide effective business transactions in a flexible, secured, standard with minimal human in a flexible, secured, standard with minimal human interaction.