EMV Credit Card Processing #Infographic

Published by Web Desk Friday, January 15, 2016

The days of swipe-and-sign credit cards are counting down. In the wake of identity theft and large-scale data breaches, both shoppers and retailers worldwide have begun demanding better security. Traditional credit cards are being replaced by chip-enabled payment technologies developed by MasterCard, Europay and Visa (EMV). Cards are now equipped with a smart chip/security chip, that must be authorized and scanned with each transaction. The chip interacts with the merchant’s POS device to make sure the payment card and signature or PIN number is valid and belongs to the card user. This type of chip technology is virtually impossible to duplicate and adds layers of security against fraud. The final result is safer retail shopping and far less credit card fraud. For additional information regarding EMV Credit Card Processing, check out BluePay.


Infographic by: www.bluepay.com

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