Card Management System: The Disadvantages Of Using Smart Cards

The presence of debit and credit cards in one’s life brings an undisputed level of comfort in life. Whenever you need or want to buy something but you didn’t withdraw enough cash from your bank account, you can simply use your smart card that acts as your debit card for example, as your alternative payment method. While card management system used in bank is already proven to be useful, there are always risks and these risks are expensive, too, especially if you are clumsy at times.

Smart cards are made to make the life of their respective owners more comfortable. These cards, especially those that are parts of a bank’s card management system for their credit and debit card holders, are said to be more secured than the conventional cards which can be used for fraud if the cards themselves fell in the wrong hands. In addition to this, smart cards like debit cards for example, allow card owners to go on a shopping spree without the need of bringing along big amount of money. Unfortunately, as much as smart cards from a bank’s card management system have benefits, it can also be disadvantageous to their owners. Let’s say you’re a smart card user. Below are some of the disadvantages of using those smart cards:

  • Smart cards like the ones you use when riding the bus or using the train system, are relatively small and this only means they can easily get lost every now and then. And that’s frustrating especially if you’re on a rush and running late for work and all of a sudden, you cannot find your buss pass in your wallet. In some instances, if your smart card acts as your key to your office, you are doomed to miss work for a couple of days.
  • Smart cards are claimed to be secured. However, one cannot simply take away the possibility of security threats involving your smart cards. You see, smart cards are technologically-advanced but that doesn’t mean they cannot be misused especially if lost or stolen. Smart card users are given the assumption that their cards and the details inside the cards themselves are safe which unfortunately, not true.
  • One problem of using smart cards is that some business establishments, namely restaurants and stores, don’t have the hardware to accept customers who use smart cards as their debit cards. You see, smart card readers are relatively expensive and in some instances, restaurants will charge additional fees on top of your bill just because you are paying using your smart card.

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