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Chip Cards

New Chip Card Technology Released Across the U.S.

There are more than 3.4 billion chip cards issued around the globe. These are also known as EMV cards, the EMV stands for Europay, MasterCard, and Visa, the three companies which originally created the chip card standard.

What is a Chip-Enhanced Card?

EMV chip cards are payment cards that have an embedded chip. They offer advanced security when you use the chip to pay in stores.

How Do I Know If I Have a Chip Card?

If you have an EMV chip card you will see the chip located on the front of the card. You will still have a magnetic stripe on the back so that you can use it at merchants who don't accept chip cards yet.

Why Are Chip Card Transactions More Secure?

The chip holds information that is encrypted and makes every transaction unique. It makes it extremely difficult for the card to be copied or counterfeited.

What If I Don’t Have a Chip Card Yet? Will My Card Still Work?

Cards that do not yet have a chip will have the magnetic stripe on the back and will still be accepted at merchants by swiping the card.

When Will I Receive a Chip Card from North Island Credit Union?

North Island will be replacing your debit and credit cards progressively over the next 6 months. New and replacement cards will contain the embedded chip as they are released. Your card transactions are still safe and you will be able to continue using them just as you have been.

How Do I Know If a Terminal Accepts Chip Cards?

During the transition to chip, you can swipe your card as you normally would and follow the prompts. If you have a chip card and the terminal is chip-enabled, it will prompt you to insert your card rather than swipe it.

Where Can I Learn More About Chip Cards?

  • GoChipCard.com is an educational website that provides answers to essential questions​
  • See how chip cards are used to pay with this short video

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