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Stored-Value Card

Overview

Stored-value cards (SVCs) are smart cards with electronic value. The card's embedded computer chip contains the value.

The technology eliminates coin, currency, scrip, vouchers, money orders, and other labor-intensive payment mechanisms in closed Government locations, such as military bases and ships at sea.

Contacts

Graham Mackenzie
U.S. Treasury, Financial Management Service
(202) 874-1845
graham.mackenzie@fms.treas.gov

Updates

Updated June 26, 2003
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