A smart way to safeguard your money.
Information programmed into the chip is personalized for your
account and each transaction is unique, adding a new safeguard against fraud.
How do chip cards work?
If a merchant is already using a chip-enabled terminal, paying is as easy as:
If a merchant isn’t using a chip-enabled terminal yet, you’ll still be able to
“swipe” your card to make your purchase, just as you do today.
At an ATM
The process is essentially the same as at a merchant. Insert your chip card into the terminal and follow the instructions on the screen. Depending on the type of ATM, you might be prompted to re-insert your card. Leave the card in the ATM until the transaction is complete and the card is released, and then remove your card and any cash you may have withdrawn. A PIN is needed to ATM transactions.
On the Internet or on the phone
Nothing has changed for transactions made Online or by telephone, so you’ll make payments just as you do today.