Plastic Cards - Contact Chip Smart Cards
A chip card is a standard CR80 plastic credit or debit card with a microchip. Chip payments make transactions more secure when financial transactions are made at merchant chip-enabled terminals.
EMV-enabled-or "smart chip"-technology is a set of global standard adopted and accepted by many countries worldwide, When a card is inserted at a chip-enabled terminal, the embedded microchip generates unique, dynamic data on every transaction.
The advance feature of a chip enabled plastic card makes it difficult to duplicate a financial transaction or account information associated with end user, Several layers of encrypting, decrypting and advance firewall technologies are deployed to prevent and safeguard end user data pertaining to transactions and account information.