Search
Generic filters

Suggested search terms: geniusvx520ictbank accountfees

Articles tagged: emv

How does EMV protect me against chargebacks?

One of the best things you can do to reduce your chargeback risk, is to invest in EMV-enabled hardware. It is much harder for fraudsters to skim and duplicate EMV cards because of the nature of the cards, and because of how EMV transactions are processed. Read more

What is a fallback transaction?

A fallback transaction happens when the cardholder inserts a chip card into an EMV compliant device but there is a fault with the chip. The device cannot read the chip but allows the cardholder to complete the transaction using the magnetic stripe on the card. Read more