Howdy, Stranger!

It looks like you're new here. If you want to get involved, click one of these buttons!

SiteLink Support & Sales

Welcome to StorageForum!
If you're new take a look at the StorageForum Terms of Use and don't forget to check out Daily Dilbert!

How Are EMV Transactions Different? [SiteLink Merchant Services EMV] [FAQ]

What's the difference between the magnet strip and EMV transactions?

SiteLink Technical Support Answer
With EMV, customers will no longer hand over their payment card to a store associate/cashier for processing. Rather, a customer will keep the card in his/her procession and control at all times. Instead of swiping the card, as is the case with magnetic strip cards, the customer will insert or "dip" the card into the EMV card reader and leave the card in the terminal until prompted to remove it. Because the customer will be required to insert (or tap, in case of an NFC card) the card, follow the prompts, enter a PIN and/or sign and remove the card at the appropriate time, an EMV-enabled payment device will have to be available.

Sign In or Register to comment.