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EMV Chip Cards: What You Need to Know About PIN or Signature Cards and How They Work

Stax

EMV (Europay, Mastercard, and Visa) chip card use has continued to expand in use since its tumultuous rollout in 2015. The EMV standard has now become a global standard for cards equipped with computer chips and the technology used to authenticate chip-card transactions.

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Understanding Credit Card Processing Fees for Merchants: How Much Does Processing Credit Cards Cost?

Stax

Modern POS systems often come with built-in card readers capable of accepting various payment methods, including EMV chip cards, magnetic stripe cards, and contactless payments (NFC). This software needs to be EMV compliant to handle chip card transactions securely.

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Tap to Pay: What It Is and How It Works

Stax

Since the first plastic credit card was issued by American Express in 1959 , payment tech progress has been growing exponentially. Magnetic stripe payments enjoyed a 30-year reign between the ’70s and ’90s. EMV chip card technology had a good two decades or so, beginning in the mid-’90s.

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Arming Credit Unions In The Fight Vs. Fraud

PYMNTS

“One thing that we’ve done a really poor job of as an industry is we’ve missed the point about tokenized payments, because there are benefits for keeping the criminals at arm’s length away from the payment card information,” Buzzard explained. When we hit that 75 percent and up level of chip readers out in the U.S.,