EMV

EMV is an acronym for EuroPay MasterCard and Visa that refers to preset specifications that define the structure for international debit/credit cards. These major international banking institutions set an international standard for the use of smart card banking solutions in order to create uniformity for international financial transactions. The standards they set address the data and protocol along with extremely high level data security mechanisms to protect the sensitive financial data of the card across multiple international banking systems.

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