CHIP AND PIN

A More Secure Way
To Pay:
Chip Cards

MasterCard Chip & Pin Credit Card Security and Fraud Protection

 

Instead of swiping a card that has a magnetic strip on the back, you insert a card that has a computer chip embedded on the front. Instead of signing to verify a payment, you enter a private Personal Identification Number (PIN). The data on the chip is extremely difficult to copy or change, protecting against counterfeit fraud, and the PIN provides added protection if your card is lost or stolen.

Instead of signing to verify a payment, you enter a private Personal Identification Number (PIN). In markets that have not yet migrated to chip technology, the magnetic strip will still be swiped.

The way you complete a transaction with your credit card has changed but the card will continue to function as a normal credit card with all the same features and protections you now enjoy.

The focus now is on issuing chip cards and growing the merchant infrastructure to process them. Once that is fully in place we will use the chip's greater capacity to carry unique payment applications and custom features.

How To Use Chip & Pin