EMV

EMV

How fast are EMV transactions?
Our Genius platform uses our ChipIQ™ technology, which processes the transaction within a few seconds. This means that checkouts are faster, and cardholders...
Thu, 3 Jan, 2019 at 8:26 AM
What does “Declined: Cryptogram type ‘ARQC’ received in Complete message. 2nd decision was not made. (12)” mean?
Meaning With an EMV card, both the card issuer and the chip on the card must approve or decline the transaction. The chip must approve the transaction firs...
Tue, 30 Oct, 2018 at 9:27 AM
What does “Declined: Cryptogram type ‘AAC’ received in Complete message. 2nd decision from chip was a decline. (12)” mean?
Meaning With an EMV card, both the card issuer and the chip on the card must approve or decline the transaction. The chip must approve the transaction firs...
Wed, 8 Aug, 2018 at 6:35 AM
What does an EMV card look like?
You can identify an EMV card by the gold-plated contact pads on the card. EMV terminals communicate with the chip on the card using these pads. EMV card
Fri, 22 Feb, 2019 at 6:54 AM
I thought EMV prevented fraud. Why am I still seeing fraudulent transactions?
EMV makes it very difficult for criminals to commit card fraud. For example, it is much easier to skim credit card data when the customer pays by swiping th...
Tue, 26 Feb, 2019 at 8:50 AM
Why should I be penalized if a customer chooses to swipe their EMV card instead of using the chip?
If you are using a non-EMV terminal, customers do not have the option to use their EMV chips; they have to swipe their card to pay for goods or services. In...
Thu, 3 Jan, 2019 at 10:10 AM
Do I need to collect signatures for all EMV transactions?
No. Many of the major US card brands no longer require customers to sign an electronic receipt when they use an EMV card to purchase goods or services. If y...
Tue, 30 Oct, 2018 at 10:35 AM
Which card brands do not require a signature for EMV transactions?
From April 2018, the following card brands no longer require an electronic signature for EMV transactions: MasterCard Visa Discover American Express S...
Tue, 13 Nov, 2018 at 6:50 AM
I want to stop collecting signatures for EMV transactions, what do I need to do?
To stop collecting signatures for EMV transactions, contact our Customer Support Team. Note: • You must continue to support signature as a Cardholder Verif...
Wed, 30 Jan, 2019 at 5:38 AM