The Benefits of EMV Cards
EMV technology helps to reach a new level of cardholder’s
data protection but still there are places where the data can be stolen. So
what is the point of replacing magnetic stripe cards with EMV ones?
At first EMV cards were developed and used in
order to protect retail businesses from card forgery (it is much more difficult
to forge EMV card in comparison with magnetic stripe card). It is not the only
advantage of EMV cards, there are some more. What are they?
- Larger capacity
- Interactive mini-application
- Point encryption addition
- Data flow reduction
Want to know more? You
find the full article at #Paylosophy
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