EMV Credit Card Terminals and Processing Equipment
EMV which stands for Europay, MasterCard, and Visa is a secure method or processing a credit or debit card. It is similar to a PIN number entry transaction commonly seen when using debit or ATM cards. EMV is not widely used in the US at this time, but card associations have created a timeline roadmap for EMV implementation. While merchants may never be 100% required to accept EMV capable cards, there are numerous security benefits to accepting EMV cards, and EMV will become much more common as card issuers replace magnetic strips with chips.