An electronic device called a smart card reader is made to retrieve data from smart cards, which are plastic cards with embedded integrated circuits that usually consist of memory chips or secure microcontrollers. These cards have a large amount of data storage capacity and can be used for authentication and encryption. In order to guarantee that only authorized users can access sensitive data and services contained on smart cards, smart card readers are a crucial component of secure access control and data security systems. They are essential to many different sectors and applications because of their adaptability and security qualities. There are several types of smart card readers, such as contact, contactless, and dual-interface devices. While contactless smart card readers use radio-frequency technology, contact smart card readers need the user to physically put a smart card into the device.
The global market for smart card readers was estimated to be worth USD 14.37 billion in 2022 and is projected to increase at a compound annual growth rate (CAGR) of roughly 4.1% from 2023 to 2031, reaching USD 20.63 billion. The growing demand and use of smart cards across a range of applications, including contactless payment transactions, globally, is attributed to the market's expansion.
As of May 13, 2015, Smart Card Readers must be registered in accordance with IS 13252 (Part 1):2010 through the Bureau of Indian Standards' (BIS) Compulsory Registration Scheme.
The Bureau of Indian Standards (BIS) in India is responsible for awarding BIS Registration. 2012 saw the launch of the Compulsory Registration Scheme (CRS) by the Ministry of Electronics and Information Technology (MeitY). Testing, assessment, and adherence to technical specifications are all part of the BIS CRS registration procedure, which aims to guarantee the quality and safety of electronic goods meant for Indian customers.
Here is a list of essential documents necessary for BIS CRS Registration
Smart Card Readers