software for emv ic card or chip and pin card reader or writer

In both cases the cashier must verify that the customer's signature matches that on the back of the card to authenticate the transaction. In the case of a mechanical imprint, the transaction details are filled in, a list of stolen numbers is consulted, and the customer signs the imprinted slip. In the former case, the system verifies account details and prints a slip for the customer to sign.

The customer hands their card to the cashier at the point of sale who then passes the card through a magnetic reader or makes an imprint from the raised text of the card. Until the introduction of Chip & PIN, all face-to-face credit or debit card transactions involved the use of a magnetic stripe or mechanical imprint to read and record account data, and a signature for purposes of identity verification. Standards exist, based on ISO/IEC 7816, for contact cards, and based on ISO/IEC 14443 for contactless cards ( Mastercard Contactless, Visa PayWave, American Express ExpressPay). Payment cards which comply with the EMV standard are often called chip and PIN or chip and signature cards, depending on the authentication methods employed by the card issuer, such as a personal identification number (PIN) or digital signature. These include cards that must be physically inserted or 'dipped' into a reader, as well as contactless cards that can be read over a short distance using near-field communication technology.

ĮMV cards are smart cards, also called chip cards, integrated circuit cards, or IC cards, which store their data on integrated circuit chips, in addition to magnetic stripes for backward compatibility. EMV stands for ' Europay, Mastercard, and Visa', the three companies that created the standard. EMV is a payment method based on a technical standard for smart payment cards and for payment terminals and automated teller machines which can accept them.

Software for emv ic card or chip and pin card reader or writer