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What is a chip debit card?

April 26, 2017chip Debit card

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What is a chip debit card?

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A chip debit card contains an embedded computer chip and provides increased protection against debit card skimming and the production of counterfeit debit cards. In addition, the chip debit card also offers a platform for future opportunities, innovations and new product and service offerings, allowing you to keep pace with the global advancements in card payment technology. Chip technology is based on a global standard known as EMV, a proven technology currently in wide use around the world.