EMV Chip Cards
Chip Card Technology Is Here
We're happy to announce that Oregonians Credit Union debit and credit cards now come with EMV chip technology that improves fraud protection and security. This makes it even harder for your account information to get stolen and for you to become a victim of identity theft.
- What is EMV? EMV stands for Europay, MasterCard, and Visa. A micro-chip is embedded right in the card and provides an extra layer of fraud protection over traditional magnetic strip cards. With major retailers like Target and Home Depot making headlines as targets of security breaches and hackers, EMV technology works to keep your identity and personal information secure and offers added protection from fraud when making a transaction.
- Why are EMV Transactions More Secure? A Chip Card adds an additional layer of sophisticated fraud protection through an embedded microchip that turns card member information into a unique code when used at a chip-enabled terminal that is difficult to duplicate or copy.
- Why Does My EMV Credit Card Require a PIN? Your EMV Chip Card has a PIN in order to provide you with the latest security features. Depending on the merchant, you may be required to enter this PIN to authorize your purchase and validate that you are the owner of the card. In order to keep your card secure, do not share your PIN with anyone or write in anywhere on the card.