SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Aladdin Knowledge Systems (ALDN) -- Ignore unavailable to you. Want to Upgrade?

To: Gerald Walls who wrote (195)2/25/1998 4:54:00 PM
From: yosi s  Read Replies (1) | Respond to of 351
 
The smart card is really like cash but instead of paper you got plastic.

I wonder who did NY subway smart card. as you may know no longer token but a smart card.

Advantage over cash you do not need to carry bills change, etc.as to what happend when you lose it if it has a code no one can get to it, when you lose cash you lost it .

You may have notice that money is being replace by electronic devices, ie paying tolls , so it is coming.
But I agree that initially it will meet some resistance.



To: Gerald Walls who wrote (195)2/26/1998 4:07:00 PM
From: Dr. J  Respond to of 351
 
Smart cards haven't been attractive in the U.S. in part because credit card transactions take a short time and are very cheap for the merchant (becaue phone connection is cheap.) In Europe, cc transactions are much more expensive, hence the allure of smart cards.

I agree with you that plain old money smart cards won't cut it here. However, ID cards, affinity cards etc. may.


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News