Yep. I worked for a company that "did" debit/credit card handling at the point of sale ( not clearing ) and the Smart Card guys were right down the hall. This a

Yep. I worked for a company that "did" debit/credit card handling at the point of sale ( not clearing ) and the Smart Card guys were right down the hall. This around 1989-1995. The Smart Card guys mostly sold to Europe. It hasn't much caught on here, and I'd say that's mainly due to inertia.