P
P
POS25
v1.0.1 (mainnet)
Search
K
🗃️

Card

EMV card
Abbreviated as EMV, which stands for Europay, Mastercard, and Visa, card processing integrates advanced anti-fraud mechanisms. These technologies are instrumental in safeguarding issuers, merchants, and consumers from losses resulting from the unauthorized use of counterfeit or stolen payment cards during point-of-sale (POS) transactions. The core of EMV processing lies in embedded microprocessors, commonly known as smart chips. These chips engage with the merchant's POS device to validate the legitimacy of the payment card, introducing robust protection against fraudulent activities, and rendering duplication virtually impossible. For successful EMV payment processing, customers are required to provide a PIN or signature, adding an additional layer of security.
3 justifications for implementing EMV credit card processing
  • Diminish fraudulent activities on your merchant account – The integration of chip technology, along with an EMV payment processing terminal, creates obstacles for criminals attempting to pilfer credit card details.
  • Safeguard your customers – Maintain your clientele by delivering a secure shopping and EMV payment processing encounter for your patrons.
  • Steer clear of liability expenses – Opting for EMV processing safeguards at present will protect your funds in the long term, preventing potential financial risks.