MIFARE cards are contactless cards made up of plastic with inbuilt chips inside which are used to serve several services such as transport passes, loyalty cards, event tickets, student ID cards, hotel key cards, cashless payment cards, and many more. The MIFARE cards have gained enormous popularity in the digital world because of the smart technology used to complete several processes easily and quickly. MIFARE cards are now not a new name in society and almost everyone knows it due to its key benefits. But there are several other things that one should know if they are really interested in new technologies and inventions. The name MIFARE is very interesting but do you know how it has been named so? Actually, it has been derived from its brand name, MIKRON FARE which has been launched by the company Mikron. These types of cards were first developed by the NXP semiconductors in 1944 and were mainly used for transport passes but now it has gained enormous popularity in the digital world with multiple features.