![]() EMV, an international standard for the secure processing of credit and debit cards based on microchip technology, is actively used in many countries worldwide after being introduced in Europe in the late 1990s.ĮMV is sponsored by banks, merchants, processors, vendors, and other industry stakeholders and is facilitated by EMVCo regulated by six member organizations (MasterCard, Visa, Discover, American Express, JCB, and UnionPay). What are the EMV Security Risks? What is EMV, and How Does It Work?ĮMV is an acronym for credit card giants Europay, MasterCard, and Visa that dominate the industry and develop the global standard for chip-based security.
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