The US has been the number one country for credit card fraud in the past 5 years. EMV helps reduce credit card fraud by removing the magnetic strip that has static information on it and replacing it with a chip and PIN system that is uniquely encodes every transaction. Traditional signature-style cards can have their signatures retained and be used for fake reproduction of the card. Take a look at this infographic presented by Merchant Warehouse to learn more about how EMV works and how it helps protect from risk of credit card fraud.
Share On Social Media