Retailers in the U.S. are starting to adopt chip technology, also known as EMV (which stands for Europay, MasterCard and Visa) or smart chip technology. We're updating our cards so you’ll be ready when they are. This technology has become the global standard for processing credit and debit card payments. Various credit card companies may refer to chip cards differently, but they all function to help keep your card more secure.
Once retailers adopt this technology, the terminals will prompt you to insert your card. Until then, swipe your card’s magnetic stripe as usual. Online and phone purchases work the same way they do today.
A chip card contains an embedded microchip that encrypts card member information and creates unique transaction data each and every time you use it. This significantly increases transaction and account data security when used at chip-enabled terminals in stores and at ATMs, and makes card cloning and fraud more difficult.
More questions? Give us a call at (509) 328-2900 or (800) 541-4310.