Public Transport Smart Cards market shifting from magnetic stripe to contactless cards. Key players include Infineon, NXP Semiconductors; trends predict growth till 2025 - Business Wire.
A recent report on the public transport smart cards market, added to ResearchAndMarkets.com's offerings, highlights the evolving landscape and trends in technology. Over the years, there has been a notable transition from magnetic stripe cards to more advanced options such as contactless smart cards, RFID smart cards, and smart chip cards. This shift signifies a move towards enhanced security and efficiency within the market. Magnetic stripe cards, previously the norm, are being replaced by these more secure technologies.
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