Benefits for Business

Smart card adoption in the U.S., which is necessary for the implementation of a standard like EMV™, requires a thorough understanding of chip-based payment enablement. Merchants should start considering how EMV™ technology implementation would affect their businesses, and look into options for accepting chip-based credit and debit cards. Our EMV 101 section provides helpful information on EMV basics

  • Use a single EMV™-enabled POS terminal for all transactions
  • Accept contactless and mobile payments using EMV™ technology
  • Mitigate fraud risks through EMV™ conversion

Key Components

  • Tools to assess what a smart card payment enablement plan would look like for upgrading all consumer-facing POS Systems
  • Comprehensive payments security plan to identify ways you can reduce fraud and data theft risks
  • Cards with embedded computer chips that interact with an EMV™-enabled point-of-sale terminal to validate the card

EMV™ is a trademark owned by EMVCo LLC.