Other Cards Stored Value Cards äStored-value cards can be an elaborate smart card with a microchip that records currency balance äCommon stored-value cards include: Prepaid phone, copy, subway, and bus cards Magnetic strip cards äCannot send or receive information äCannot increment or decrement value of cash stored on the card äProcessing must be done on a device into which the card is inserted Smart cards are better suited for Internet payment transactions äAre stored-value cards äCan hold private user data, such as financial facts äCan store about 100 times more information than a magnetic strip plastic card äSafer than conventional credit cards
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