• The advantages of the chip

• The future of the chip

• Support for card suppliers chip

• V PAY

• Visa payWave

• Key of dynamic authentication

• Transferences Sight

The advantages of the chip

Financial organizations of all Europe and the rest of the world are changing their payment card systems to adopt the technology chip.

A transaction using a card Visa with chip and PIN is very simple. Instead of to sign a receipt, the card holders only must introduce their PIN in a card terminal to verify their identity.

There are some of the advantages for the card holders, European commerce and banks here:

• More security
  The cards Visa with chip are safer than ever - it is extraordinarily difficult to copy the information that contain. The PIN provides a unique identification of the holder of the card and prevents that a lost or robbed card is used by a third party.
• More rapidity
  The cards with chip and PIN make agile the transactions and reduce the tails, because they eliminate the necessity to sign and to verify the receipt. The information that contains a card with chip allows that some transactions can be authorized connectionless with all guarantee, by means of the parameters of security of the chip.
• In any place
  The cards Visa with chip are based on global standards of the industry - the EMV* -, that allow that the clients can pay their purchases with confidence wherever they are.
• Flexibility
  The technology chip abre a world of payment options, that include manifolds applications of payment and, potentially, of other types in a single card with chip; and more terminal of supermarket than they accept payment with card and portable devices of acceptance.

* International card standards with chip developed by Europay, MasterCard and Visa