On Friday, Mastercard announced that it is partnering with payment processing companies Verifone and Global Payments to help speed up chip and pin transactions at stores by incorporating its M/Chip ...

Any card-acceptance device can be tested and approved for eligibility to use advanced encryption under an update to the PIN Transaction Security program — even if those devices do not accept PIN ...

WARSAW, Poland & BROOKFIELD, Wis.--(BUSINESS WIRE)--In a move that is expected to boost the worldwide use of smartphones and tablets as point-of-sale terminals, First Data, now part of Fiserv (NASDAQ: ...

EMV isn’t marketing noise. When a customer inserts their chip, the card and terminal perform a handshake—generating a unique transaction code for that specific dip. Magstripe? It broadcasts the same ...

Visa and some card issuers are pushing signature authentication for EMV chip cards, but merchants prefer PINs. So who will win? As financial institutions slowly roll out smart cards in the United ...

Mastercard is officially the first major card vendor to introduce a biometrics-based payment card after the company announced successful trials of this new technology in South Africa. The company's ...

Some card details on this page may be out of date. You may have noticed that most card readers at your local grocery or retail store ask you to insert -- instead of swipe -- a credit card now. Many ...