What does emv mean?
Definitions for emv
emv
This dictionary definitions page includes all the possible meanings, example usage and translations of the word emv.
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Wikipedia
EMV
EMV is a payment method based on a technical standard for smart payment cards and for payment terminals and automated teller machines which can accept them. EMV stands for "Europay, Mastercard, and Visa", the three companies that created the standard.EMV cards are smart cards, also called chip cards, integrated circuit cards, or IC cards, which store their data on integrated circuit chips, in addition to magnetic stripes for backward compatibility. These include cards that must be physically inserted or "dipped" into a reader, as well as contactless cards that can be read over a short distance using near-field communication technology. Payment cards which comply with the EMV standard are often called chip and PIN or chip and signature cards, depending on the authentication methods employed by the card issuer, such as a personal identification number (PIN) or digital signature. Standards exist, based on ISO/IEC 7816, for contact cards, and based on ISO/IEC 14443 for contactless cards (Mastercard Contactless, Visa PayWave, American Express ExpressPay).
Wikidata
EMV
EMV stands for Europay, MasterCard and Visa, a global standard for inter-operation of integrated circuit cards and IC card capable point of sale terminals and automated teller machines, for authenticating credit and debit card transactions. It is a joint effort initially conceived between Europay, MasterCard and Visa to ensure the security and global interoperability of chip based payment cards. Europay International SA was absorbed into MasterCard in 2002. The standard is now defined and managed by the public corporation EMVCo LLC. JCB joined the organization in December 2004, and American Express joined in February 2009. In May 2013 China UnionPay was announced as its latest member with UnionPay now having an equal 1/5 interest in the standards body along with Visa, MasterCard, American Express and JCB. IC card systems based on the EMV specification are being phased in across the world, under names such as "IC Credit" and "Chip and PIN". The EMV standards define the interaction at the physical, electrical, data and application levels between IC cards and IC card processing devices for financial transactions. There are standards based on ISO/IEC 7816 for contact cards, and standards based on ISO/IEC 14443 for contactless cards.
Suggested Resources
EMV
What does EMV stand for? -- Explore the various meanings for the EMV acronym on the Abbreviations.com website.
Numerology
Chaldean Numerology
The numerical value of emv in Chaldean Numerology is: 6
Pythagorean Numerology
The numerical value of emv in Pythagorean Numerology is: 4
Examples of emv in a Sentence
The problem now is how do we allocate our capital in a way that addresses EMV first and then immediately find the funds to upgrade again and install a better solution.
Also they have already done the heavy lifting for EMV so they are ready and pushing for it.
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"emv." Definitions.net. STANDS4 LLC, 2024. Web. 26 Apr. 2024. <https://www.definitions.net/definition/emv>.
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