WATCH #Finance | Why SMART Cards Are A Better Option than NORMAL Credit Cards #India #Money

-When you shop using a credit card, you are supposed to swipe your card and then sign which can be easily read, written, altered or duplicated. - The microprocessor in smart cards makes it almost impossible to be breached due to cryptographic algorithms. -If you lose your smart card then it can be disabled right away and once it’s done there is no way anyone can access the information stored in it. -A smart card can be used to store information in it. Other than your bank account details -You can link your emergency contact information, driver’s license or even phone calling cards. -Smart cards can’t be swiped and used. They require special readers in which you insert the chip side of your card. -There are also ‘contactless’ smart cards that read the information with the use of Radio Frequency Induction Technology to send money. -All these technologies are much better and safer than normal swipe and sign. Watch the Video now for full details :

HAI, Did You Checked BEST DEALS @ : FLIPKART.COM

ARE YOU A BUSINESSMAN? TO KNOW UNLIMITED BENEFITS OF "AMAZON BUSINESS ACCOUNT" : CLICK HERE

NOW GET LATEST 'DESINEWS VIDEOS' IN YOUR EMAIL : CLICK HERE

RECOMMENDED VIDEO TOPIC FOR YOU :

​Important Videos || Finance Videos || India Useful Videos
TAGS : Finance, Money, Credit Card, Important, Useful, India, DesiNews, Tips, Reality, Must Watch

WE LIKE TO SEE YOUR OPINION ON THIS VIDEO. ADD YOUR COMMENTS & SUGGESTIONS IN COMMENT BOX. THANK YOU.