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.
- Tools to assess what a smart card payment enablement plan would look like for upgrading all consumer-facing POS devices
- 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