CHIP CARD TECHNOLOGY – A SAFER, MORE SECURE CARD
Chip card encryption technology (also known as EMV), allows transactions to occur through a microchip embedded in your card. This new technology is a safer and more secure transaction method than the traditional magnetic stripe. Chip card encryption technology also protects cardmembers by reducing fraud and counterfeiting. Look for your United Financial Credit Union Credit and Debit cards to be upgraded within the next couple months. Click here for a Chip Card FAQ
Chip card encryption technology is standardly referred to as EMV (Euorpay, MasterCard and Visa). This technology began in Europe and is currently being used by most of the world. Implementation of chip card encryption technology has decreased counterfeit fraud by 60-80%**.
Step #3 Remove the chip card after the transaction is approved when you
are prompted to do so.
Merchants without Chip Card Terminals
EMV cards can still be processed in terminals without chip-reading capabilities. Simply swipe your magnetic stripe and proceed with your transaction as normal.
If you have any questions, please contact United Financial Credit Union at 989-777-3620 or email firstname.lastname@example.org