Smart Card Cost

Costs related to smart card production and operation include (1) the production and delivery of the cards (2) the cost of peripherals needed to interact with the cards (readers connected to telephones, standalone readers, reader connected to computer) (3) transaction costs (varying status, authenticity, and balances). Smart cards are very comparable in price when compared with other technologies of such a nature. The costs vary with the amount of capacity required, and the quantity and level of security needed. The average card ranges from $1 to $20 in US currency. A typical $10 to $15 card is equipped with 2K to 8K rewritable memory, an 8-bit microprocessor, and a built in encryption algorithm. The cost of a reader for such devices begins at $100 and steadily increases.

Alok Kumar Upadhyay
Search Engine Optimization and Placement Consultant India

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