NEWS & SOLUTIONBS

Smart cards may become the preferred payment vehicle in the future. The cards, embedded with a microprocessor chip, can hold enormous amounts of data, as well as stored cash values for purchasing products and services.Smart cards are already being used in several states as part of electronic benefits transfer programs for distributing government entitlements. They have also been tested in controlled

Smart cards may become the preferred payment vehicle in the future. The cards, embedded with a microprocessor chip, can hold enormous amounts of data, as well as stored cash values for purchasing products and services.

Smart cards are already being used in several states as part of electronic benefits transfer programs for distributing government entitlements. They have also been tested in controlled venues, such as the 1996 Summer Olympics in Atlanta.

But gauging how soon the

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