1 / 5

What-is-emv-credit-card-machine_-&-how-does-it-work!

An EMV credit card machine is a point-of-sale terminal that accepts electronic payments using a chip card. EMV stands for Europay,

mark114
Download Presentation

What-is-emv-credit-card-machine_-&-how-does-it-work!

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. What Is Emv Credit Card Machine? & How Does It Work! An EMV credit card machine is a point-of-sale terminal that accepts electronic payments using a chip card. EMV stands for Europay, Mastercard and Visa, the three companies behind the technology. This type of credit card payment system was created to make transactions more secure by verifying the identity of the person making the purchase.

  2. The EMV credit card machine works by having a chip reader that reads the information stored on the chip of the customer's credit or debit card. This data is then used to verify their identity and ensure that they are authorized to make a purchase. Once this is verified, the purchase can be completed. The chip also stores customer loyalty points, allowing users to earn rewards and discounts.

  3. In addition, EMV credit card machines often come equipped with NFC (Near Field Communication) technology that allows customers to make payments using their mobile device by simply tapping it against the terminal's reader. This provides a quick and secure checkout experience for customers.

  4. Overall, an EMV credit card machine makes it easier and safer for businesses to accept electronic payments from customers. It is an important tool for businesses looking to stay competitive in a rapidly changing retail landscape. With its advanced security features, EMV credit card machines are the preferred choice of many merchants today.

  5. https://www.hostmerchantservices.com/

More Related