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Credit Cards

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ALSO CALLED: Bank Credit Cards, Charge Cards
DEFINITION: Chip and PIN is a UK government-backed initiative to implement the EMV (short for Europay, Mastercard and Visa) standard for smart payment cards. A similar effort is also underway in the Republic of Ireland. The name of this initiative stems from the presence of a semiconductor chip and associated circuitry in the smart card, which is used in tandem with a PIN (personal identification number) . In  … 
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Credit CardsMultimedia (View All Report Types)
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PCI 101: A Beginner’s Guide to PCI DSS Compliance
sponsored by FireHost Inc.
WEBCAST: This webcast covers everything you need to know about the payment card industry data security standard.
Posted: 19 Feb 2014 | Premiered: Feb 19, 2014

FireHost Inc.

Basic Building Blocks: Preparing for PCI DSS 2.0
sponsored by Veracode, Inc.
WEBCAST: With their own reputation and brands at risk, merchants and service providers must secure applications from potential vulnerabilities to comply with PCI DSS standards.
Posted: 04 Oct 2010 | Premiered: Oct 4, 2010

Veracode, Inc.
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CREDIT CARDS DEFINITION (continued): … Chip and PIN is a UK government-backed initiative to implement the EMV (short for Europay, Mastercard and Visa) standard for smart payment cards. A similar effort is also underway in the Republic of Ireland. The name of this initiative stems from the presence of a semiconductor chip and associated circuitry in the smart card, which is used in tandem with a PIN (personal identification number) . In use, the smart card is placed into a PIN pad terminal or modified swipe-card reader, which accesses the chip in the card. The user enters a 4-digit PIN that is checked against the information stored on the card. If the entered PIN matches the stored value, the transaction is permitted to proceed.Chip and PIN went through a pilot test in Northampton starting in May 2003 and was rolled out nationwide in 2004. In 2005, retailers became responsible for fraudulent credit card purchases. This event spurred wholesale adoption of new POS (point of sale) systems that incorporated EMV support.
Credit Cards definition sponsored by SearchSecurityUK.com, powered by WhatIs.com an online computer dictionary

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