Contactless Smart Cards, RFID, Payment, Transit and Security

India land of opportunity for smart cards, says NXP

Friday, August 14, 2009

With 600 million unique ID cards, 50 million e-passports, 100 million health cards, 50 million transport and ticketing cards and 50 million banking cards likely to be issued over the next seven years in India, it’s no wonder one NXP Semiconductors official called the country “a bundle of latent opportunity.”

Speaking at the Identification Summit 2009 hosted by the company Thursday, officials said they expect a huge demand from the government, banking and transit sectors for its NFC and contactless products. NXP’s contactless e-government chip has been used in 62 of the 71 countries where the e-passport scheme has been implemented, according to Claus Hansen, NXP’s Asia-Pacific senior director.

Read more here. [end] 

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