EMV – which stands for Europay, Mastercard and Visa – is a global standard for cards equipped with computer chips and the technology used to authenticate chip-card transa… See more

Just like magnetic-stripe cards, EMV cards are processed for payment in two steps: card reading and transaction verification. “Instead of going to a register and swiping your card, … See more

Put simply, it’s that small, metallic square you’ll see on your card. That’s a computer chip, and it’s what sets EMV cards apart from traditional credit cards that use a magnetic st… See more

Not necessarily. EMV cards can also support contactless card reading, also known as near field communication. Instead of dipping or swiping, NFC-equipped c… See more

If an in-store transaction is conducted using a counterfeit, stolen or otherwise compromised card, consumer losses from that transaction fall back on the payment processor … See more