Chip & Pin Security
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POS and ATM payments are secured with an EMV (Europay MasterCard Visa) chip, offering better protection than magnetic stripe cards, which store the entire card data and are therefore, vulnerable to skimming.
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Chip cards are harder to clone and won't authorize transactions via the magnetic stripe, prompting chip insertion instead.
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For added security, the chip stays in the machine while the user enters their PIN to complete the transaction.
