Smart Card Enters High Growth Period in 2014

Smart cards have penetrated into all walks of life, little known is that smart cards have gradually taken over the financial ic card, the issuance of financial ic cards in 2013 has been as high as more than 200 million, China itself is a large population, according to last years data statistics Chinas smart card production amounted to tens of billions. Occupy 73.65% of the global market, the following we know specifically about the rapid growth of smart card outbreak

　　Financial IC cards are expected to be the next explosive growth point during the 12th Five-Year Plan period, and resident health cards will also correspond to Chinas huge population base and enter a period of rapid growth. The number of domestic financial IC cards issued is expected to approach 200 million in 2013, with the peak of financial IC card issuance expected from 2014 onwards. As financial security is increasingly on the agenda and the central bank continues to increase its efforts, the trend will be to replace magnetic stripe cards with financial IC cards.

　　In addition, such as the State Council to promote information consumption meeting proposed residents health card, a large number of documents in China face for IC card, such as electricity meter card and other small payment smart card types have been in some cities to promote the application.