EMV HOW IT WORKS - Payment Processing News

EMV HOW IT WORKS

EMV Cards (Europay, MasterCard, and Visa) are smart cards (chip cards or IC cards) which store their data on integrated circuits rather than magnetic stripes. They can be contact cards that must be physically inserted or dipped into a card reader. Payment cards that comply with the EMV standard are often called chip-and-PIN or chip-and-signature cards, depending on the authentication methods required.

 

April 27th, 2016 by