ID card, a smart card can also be used to pay for goods like: petrol, public transportation, general retail stock, meals at a restaurant and drinks at a bar. Also un-like the magnetic strips on credit cards, smartcard memories do not come in contact with their readers and therefore do not wear out from overuse like magnetic strips do. Users can load smartcards with cash value(credit) to pay for goods or services: known as an electronic purse. Or they can collect points in order to receive discounts: known as a loyalty card.