超越芯片卡迁移-支付技术中地便利性和安全性-BeyondChip.PDFVIP

Beyond Chip Card Migration Convenience and Security in payment technology Payment card usage is on the rise globally and with it the adoption of smart card technology. Globally, cards remain the preferred non-cash payment instrument i with a market share of more than 55% . Consider that even during the height of the financial crisis from 2008 to 2009 transaction volumes on debit and credit cards were still increasing by nearly +10% (compared to +15% from 2007 to 2008). As card usage steadily increase so does the number of cards in circulation. By 2016, there will be over 10 billion cards in circulation (up from 7.4 billion in 2011ii). Among payment card technologies, chip cards currently represent 2.1 billion of the cards in circulation and will continue to grow over magnetic stripe card issuance. Global interoperability as well as the additional security (over magnetic stripe cards) underpins chip card adoption. iii Initially introduced in the 1990s through EMVCo to combat card fraud, secure bank cards with chips were contact only. The contact plated module of the card requires direct contact with a reader terminal, typically dip readers, to communicate. At the same time, pure contactless chip cards were being introduced in other applications, predominantly public transportation for automated fare collection. The more recent advancements in secure chip technology allow for near field (contactless) payments with both bank cards as well as mobile phones. The secure microcontrollers, called dual-interface chips, combine both the contact and contactless interfaces in a single chip. Thus a bank cards can be used in contactless mode to conveniently ‘tap and pay’ as well as in contact terminals and ATMs to leverage existing infrastructure. Contactless chip cards contain an antenna to communicate using ISO 14443 radio