Fear of having their credit-card data stolen keeps many Internet users from making a purchase online. Are smart cards the answer?
What's holding back smart cards from widespread use in Australia? Could it be that vendors haven't found the applications consumers really want?
Facing declining profits from traditional credit cards, financial institutions are once again pushing microchip-equipped credit cards. But now they have new allies: Sun Microsystems and Compaq Computer.
If you're anxious for the day you can use digital cash to shop online: Don't hold your breath.
A new report predicts online fraud will cost US$15.5B by 2005--a tenfold jump in five years--and says online merchants aren't doing enough about it.
What's holding back smart cards from widespread use in Australia? Could it be that vendors haven't found the applications consumers really want?
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