EMV is Europay, MasterCard and Visa standard. It is interoperation between IC cards (integrated circuit cards), IC capable POS (point of sale) and ATMs for authenticating debit and credit card transaction.
Many countries will soon stop using paper money. Payment cards are, since a long time, adequate substitute for paper money.
ACT is able to produce all kinds of payment cards: Magnetic striped cards, SDA & DDA chip, personalized with the latest technology using European knowledge and experience in this field.
Kingdom of Saudi Arabia is a big market, with high buying ability, in which cards are becoming used on daily basis.