Introducing Chip Cards
Banks across the country are issuing credit and debit cards with an embedded computer chip, called EMV or Chip Cards. Implemented to protect against fraud, these cards are equipped with a small computer chip that assigns a one-time code, making every transaction unique and the card more difficult to counterfeit.
A chip card—also known as an EMV card—is your financial institution’s way of adding an extra layer of security when you pay. Chip cards can be used anywhere your other cards are used, but the chip functionality only works at a business that has an activated chip-enabled terminal.
to learn more about Chip Cards and how to use them from the American Bankers Association
to access consumer FAQs from gochipcard.com