The acronym "EMV" refers to a specification for payment cards that are equipped with a processor chip. EMV stands for the three companies that have developed the standard: Europay International, Mastercard and VISA.
Due to the introduction of the EMV security standard, an increasing number of cards are equipped not only with a magnet stripe but also with a tamper-proof chip. This technology considerably reduces the fraudulent use of cards.
Chip credit card holders can authenticate who they are with their signature or by entering a PIN. The card issuing bank decides which authentication method is to be used. This information is stored on the chip.
All of our Terminals are equipped with a magnetic stripe as well as a chip card reader and process payments to the EMV security standard. The reader therefore first of all checks for a chip. If the card is not equipped with a chip, it falls back onto the magnetic stripe.
Do you have any further questions?Or would you like to know which solution is the one that best suits your needs? We are looking forward to receiving your message.
Or would you like to know which solution is the one that best suits your needs?
We are looking forward to receiving your message.