Customers who until now had to keep two separate cards — credit and debit card in their wallets — can now manage with a single card. Standard Chartered has launched a new card which will provide the customer the choice of the same plastic as a credit card or a debit card. Other banks are also looking at similar products. There are close to 27 million credit cards and 110 million debit cards now. Most banks have been pushing debit cards to their customers by converting their ATM cards to debit cards. 

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INSIDE Contactless, the world leader in advanced contactless microprocessor platforms, today firmly established its presence in the Spanish contactless EMV market through a partnership with SAETIC, one of Spain’s leading manufacturers of plastic payment cards for the banking and public transportation industries. The two companies currently are working to incorporate Inside’s next-generation MicroPass® contactless technology into an upcoming family of contactless EMV products from SAETIC that will be available in both plastic card and contactless sticker form factors.

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