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How Are EMV Transactions Different? [SiteLink Merchant Services EMV] [FAQ]
SiteLink_System
NA ✭✭
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.
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