EMV smart chips

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Second growth spurt in smart cards market will come from the BRIC Region, avers Frost & Sullivan

In the 21st century, human mobility is at an all time high. This, in turn, has created an urgent need for an effective device that keeps track, enables convenience, and promotes payment. This demand is being further highlighted by the need to collect information related to the travelling habits of people and support sustainable urban planning. The Brazil, Russia, India and China (BRIC) region appears the most receptive and ready to adopt smart cards in various verticals, together with the critical mass needed to sustain these deployments