EMV chip enabled credit cards and debit cards add extra layers of protection against fraud. It also increases the security of the card holder's data, thereby reducing the number of chargebacks and other issues related to stolen personal data. EMV is an acronym for the three companies that originally developed this new technology, "Europay, MasterCard, and Visa." Having read this, you may still be
asking yourself, "What is an EMV card chip?"
An EMV card chip is a tiny microprocessor chip embedded inside a credit card or debit card. This is why EMV chip enabled cards feel a bit thicker and sturdier. These cards will either require a signature by the holder or a PIN number to be entered to complete a point of sale transactions.