Consumers Need to Be Proactive With EMV Chip Technology

Consumers Need to Be Proactive With EMV Chip Technology

Within the next 18 months, the four U.S. credit card giants will introduce EMV chip technology within their credit and debit cards. EMV chip technology , which stands for Europay, MasterCard and Visa, will replace the magnetic stripe (magstripe) with EMV chip technology on the reverse of credit cards. The conversion marks the long-awaited migration…