Smart Cards: Cash? Who Needs Cash These Days?Edward C. Baig
Someday, you might be walking around town with a card that lets you board a train, buy a newspaper, and store your emergency health information. When you get home, you'll sit down at your PC, log on to the Internet, and review and pay all your bills. These two technologies--smart cards and electronic bill presentment--were hot topics at American Banker's recent "Future Money" conference in Philadelphia. Both are being tested in selected markets, but receiving bills over the Net is closer to widespread use.
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