Case on Smart cards

1. Who stands to benefit most from smart cards: banks, retailers or consumers? Explain.
I think compared to banks and retailers, the consumer have the best benefit from Smart Cards. It is not only a substitute for credit cards, but also can be used for medical objects. Then the user don’t have to carry a lot of different types of cards, like now. Banks have the same benefit with normal credit cards, because they are already a substitute for cash. The consumer on the ot...