![]() ![]() EMV technology was created primarily to prevent credit card fraud. ![]() EMV chips encrypt bank information making it far more secure than the old magnetic-stripe cards. It is a global standard for credit cards that use computer chips to authenticate chip-card transactions. EMV Compliance: What You Need to Know What is EMV?ĮMV ® technology was developed and managed by American Express, Discover, JCB, Mastercard, UnionPay, and Visa.
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