An EMV chip card is a credit or debit card that has a microchip which enhances security when making purchases. The chip helps verify that the card is authentic and adds another layer of protection against fraud.

Key points:

• The chip is embedded in the front of the card. It’s scanned when inserted or tapped at a payment terminal.
• EMV technology provides stronger authentication and security than using the magnetic stripe only for transactions.
• EMV chip cards protect payment information during in-person transactions.