Word info

EMV

Proper noun

Meaning

EMV

(finance) A payment method based upon a technical standard for smart payment cards and the terminals and ATMs that can accept them.

Source: en.wiktionary.org

Examples

EMV technology has until now been as secure as it gets,” Christopher Thomas, an intelligence production analyst at Gemini Advisory, said in an interview. Source: Internet

All payment cards with a magnetic stripe are vulnerable, even if they have an EMV chip, to deep insert skimming. Source: Internet

A similar spike occurred in Canada and the UK after each country migrated to EMV terminals. Source: Internet

Examples Segmentation fault on an EMV keypad Writing to read-only memory Writing to read-only memory raises a segmentation fault. Source: Internet

In 2010, in line with the mandatory EMV system, Local Singapore Banks started to reissue their Debit Visa/MasterCard branded debit cards with EMV Chip compliant ones to replace the magnetic stripe system. Source: Internet

EMV details Europay MasterCard Visa (EMV)-compliant cards and equipment are widespread. Source: Internet

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