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  2. EMV - Wikipedia

    en.wikipedia.org/wiki/EMV

    An EMV credit card. EMV is a payment method based on a technical standard for smart payment cards and for payment terminals and automated teller machines which can accept them. EMV stands for " Europay, Mastercard, and Visa ", the three companies that created the standard. [1]

  3. Do magnets affect credit cards? - AOL

    www.aol.com/finance/magnets-affect-credit-cards...

    Prolonged exposure to magnets can affect the functionality of your credit card. Cards with magnetic strips can also become demagnetized due to dirt, scratches and other damage. EMV chip technology ...

  4. Contactless payment - Wikipedia

    en.wikipedia.org/wiki/Contactless_payment

    EMV (abbreviation for Europay, Mastercard, and Visa) is a common standard used by major credit card and smartphone companies for use in general commerce. Contactless smart cards that function as stored-value cards are becoming popular for use as transit system farecards , such as the Oyster card (London, UK) or RioCard (Rio de Janeiro, Brazil).

  5. How Do EMV Chip Cards Work? - AOL

    www.aol.com/news/emv-chip-cards-135835234.html

    Europay, Mastercard and Visa -- chip technology, the global standard for card payments that significantly reduces fraud. Most card users are familiar with the chip feature of EMV cards, but EMV ...

  6. Chip Authentication Program - Wikipedia

    en.wikipedia.org/wiki/Chip_Authentication_Program

    The Chip Authentication Program (CAP) is a MasterCard initiative and technical specification for using EMV banking smartcards for authenticating users and transactions in online and telephone banking. It was also adopted by Visa as Dynamic Passcode Authentication (DPA). [1] The CAP specification defines a handheld device ( CAP reader) with a ...

  7. What Is a Credit Card Security Code and Why Is It Important?

    www.aol.com/credit-card-security-code-why...

    EMV chips are small, square computer chips found on most debit, credit and prepaid cards that help safeguard them from fraudulent use. Each chip has a unique code for each credit or debit transaction.

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