Home Digital Marketing How does EMV Credit Card Works? – Technology Explained

How does EMV Credit Card Works? – Technology Explained


Due to the technology advancement, the fate of electronic payments is evolving. Credit card guarantors and traders are cooperating to give better approaches to battle extortion, and chip and PIN innovation is a standout amongst the most essential advancements to tag along in years.

Keeping this all, a new technology for these credit cards has been developed known as EMV. It is nothing but a chip credit card technology which has its focus on reducing the risk of fraud transactions.

Why this Credit Card Chip Important?

Actually, these chip enabled credit card has exchanged the obligation for fake deceitful exchanges from the guarantor to the vendor if the card has an EMV chip and the shipper doesn’t bolster EMV chip exchanges. From that point forward, shippers have had a genuine motivation to help EMV chip innovation.

You can easily identify whether the credit card is chip enabled or not, just look at the little silver-or gold-shaded EMV chip inserted on the card’s face (you’ll for the most part discover it on the left, simply over the numbers).

These chip credit cards makes your exchanges more secure and may decrease charge card extortion.

One more thing we have seen is that most people prefer not to use these credit cards, as they have complaints about the interest rates. Before diving into one of these cards, try using this credit card interest calculator to get a feel of where you might land in terms of rates.

What are the Different Forms of Chip Credit Cards?

Generally, there are two types of Chip credit card available in the market, i.e. chip-and-signature cards and chip-and-PIN card. In the chip and signature cards, you have to put your card in the chip reader, and after that you will be asked to sign in for the purchases you have done. On the other hand, in chip and PIN cards, you have to enter your PIN (personal identification number), in order to complete your purchase but if any chance the pin is not supported by the merchant, you have to complete your purchase by signing in.

EMV Chip Technology and Security Explained

The Chris Allen, founder of the business-focused technology company FirmTree, explained that the magnetic swipe cards represent a significant security hazard. “(Traders) just need the card number and termination date for the exchange to be finished.

Since a similar restricted arrangement of numbers is utilized to validate each exchange, it’s less difficult for thieves to take those numbers and make fake cards with that stolen information.

Keeping this all in mind, the EMV technology has been developed. As, EMV chip cards give more security than the mag[netic] stripe and mark cards because of the one of a kind code that is made for every last charge card exchange. Also, this randomized one-time code is scrambled and to a great degree troublesome for thieves to copy without costly hardware.

This is why, the EMV technology comes into the picture and it is doing its job in a great way.


Credit Card security keeps on enhancing, and EMV chips represent a critical piece of that change. In any case, take note of that you’re never totally safe from hazard. While in-person exchanges with a chip card are for the most part more secure, lawbreakers may swing to more powerless card-not-present exchanges, for example, web or phone buys, to keep on scamming shoppers. So, you should make these electronic transaction very carefully in this digitalized world.


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