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 is managed by EMVCo, a financial technology consortium owned by card scheme companies.

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Source: Wikipedia · Image: Wikimedia Commons · Public domain

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Payments, explained — digital wallets, gateways and merchant tech, plus handy everyday calculators.

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