Gemplus was founded in 1988, with an initial order of one million prepaid public phone cards from France Telecom. The joint production capacity of the two plants today is approximately 150 million cards per year. Public pay phone cards provide a more efficient way to make phone calls, eliminating the need for consumers to carry large amounts of change. Telecommunication companies also no longer have to collect change from each phone, reducing operating costs. Vandalism and fraud in the industry has also decreased as the change box was eliminated.
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