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"Smart cards are more expensive than magnetic stripe cards," noted Fournier. "Magnetic cards run between $1 and $2 per card while smart cards run about $10 each, depending on memory size."
Smart card read-ers, devices used for reading the information encrypted into each card's chip, are also expensive. Despite these concerns, distributors should consider the benefits of smart cards and how applying them to a client's current operation could improve security and save money.
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