What is EMV?

Friday, August 7, 2015
EMV is a global standard for credit and debit payment cards based on chip card technology taking its name from the card schemes Europay, MasterCard and VISA-the original card schemes that developed it.The standard covers the processing of credit and debit card payments using a card that contains a microprocessor chip.
 
What is a CHIP/ EMV Card?
 
Also known as a smart card, a Chip/EMV or Smart card is a plastic card that has a computer
chip implanted into it that secures the card account information, making it difficult to
duplicate, copy or access.
How do I benefit from this technology?
• Provides with the global payments infrastructure.
• Faster payment: Chip technology, especially when combined with Personal Identification Number (PIN), helps to speed up service and cut queues.
• EMV increases security and reduces card fraud resulting from counterfeit, lost and stolen cards.
 
Where do I use my chip card?
 
Once activated, your chip card works at the following points:
• 36.9 million MasterCard branded ATM and POS merchant locations locally and worldwide
• FBC Bank MasterCard branded ATMs and POS machines
• Online payments from secure and trusted internet web-sites.
 
 
How do I register for this service?
 
Visit any FBC Bank  branch or Call, SMS, email or Whatsapp
Direct Lines +263 4  761198 / 704481-2
Mobiles: +263 772 419 693 / +263 772 152 647 
Tollfree lines 08080025/26
e-mail:help@fbc.co.zw 
website: www.fbc.co.zw
Skype ID : fbc.help.centre
+e-mail:help@fbc.co.zw
 
 
 

Share