Posts by CardBenefit
MV is a global standard for credit cards equipped with computer chips and the technology used to authenticate chip-card transactions. EMV technology provides extra security when credit cards are used in chip card readers. An EMV Chip-enabled credit card, often called "chip and PIN", "chip and signature" or "Chip-enabled smart card", securely embeds a cardholder's confidential data in the chip instead of the traditional magnetic stripe, thus making it more difficult for fraudsters to counterfeit cards. EMV chip credit cards provide better security to protect you from fraud.
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Do you read the fine print of a credit card offer? If you do not understand the language, you may be frustrated. Read here to see what these frequently used credit card terms mean.