EMV Card Quick Facts:
What is a Chip Card?
A chip card—also known as an EMV card—is your
financial institution’s way of adding an extra layer of
security when you pay. Chip cards can be used anywhere your
other cards are used, but the chip functionality only works at a
business that has an activated chip-enabled terminal.
Why are Chip Cards more secure?
The chip generates a unique, one-time code each time you
dip your card at a chip-enabled terminal. Your purchase
can only be approved with the chip-generated code.
The chip in your card is virtually impossible to duplicate.
That means attempts by a fraudster to create and use
counterfeit cards will be much harder.
How Do I Use It?
Insert your card into the chip-enabled terminal with the chip first, facing up.
Leave the card in the terminal until the transaction is complete.
You may be prompted to sign your name.
If there isn’t a chip-enabled terminal, use the card the traditional way and swipe.
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