Payments

Electronic transactions for goods and services.

Plastic cards have become the global standard for electronically purchasing goods and services. In the last 20 years insecure magnetic stripe and embossed numbering systems have been replaced by a secure electronic system of data and keys held on the card’s embedded chip. This standard was established and has been championed by EMV (Europay, Mastercard, Visa). These secure cards can be issued locally, for example in branch at the point of account opening, using desktop card printers fitted with the appropriate EMV encoding devices.

Related industries:

Payments | Transport