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Friday, November 14, 2008

Smart Cards

At Eagle Merchant Services we get asked all the time if we can accept Smart Cards, or are our machines that we sell Smart Card capable. Smart Cards have a computer chip embedded in the credit card and when the card is passed through a Smart Card credit card machine the card can perform numerous functions or access data that is stored in the chip. These cards can be used as Debit cards or credit cards.


Smart Cards are common in Europe, the technology that is required to accept them in the United States is rare. The credit card machines and cards use the magnetic strip technology and to upgrade to Smart Card readers is to costly.

Experts predict that the Smart Card technology will become popular in the future in the US.

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