{"id":6785,"date":"2019-08-30T11:48:29","date_gmt":"2019-08-30T11:48:29","guid":{"rendered":"http:\/\/bijlipay.co.in\/blog\/?p=6785"},"modified":"2019-08-30T11:52:21","modified_gmt":"2019-08-30T11:52:21","slug":"debunking-myths-chip-cards","status":"publish","type":"post","link":"https:\/\/bijlipay.co.in\/blog\/debunking-myths-chip-cards\/","title":{"rendered":"Debunking myths on Chip Cards"},"content":{"rendered":"

With every bank upgrading cards to chip cards, there exists a lot of misconceptions about the same and here we are about to debunk some of the common myths.This change has been mainly carried out to increase protection against fraudulent card usage. <\/span>
\nAs a retailer, the switch from swipe to chip can get a little confusing and sometimes worry the retailer on the usage. It\u2019s quite simple and only the functionality of the card changes and the rest from entering pin to printing receipt remains the same.
\n<\/span>
\nTo help straighten out some of the confusion, we\u2019ve debunked four of the most common myths about chip cards.<\/span>
\nMyth 1: Chips cards take the same time as Swipe Based Cards.<\/strong>
\nNot exactly. The new chip cards are inserted into a separate slot on the POS terminal and remain in the slot for several seconds while the system communicates with the financial institution that issued the card. So, don\u2019t be surprised if chip card transactions take longer to process than magnetic stripe cards.
\n<\/span>
\nMyth 2: Chip cards cannot get damaged.<\/strong>
\nDefinitely not. Though functionality might vary, the card is still prone to damage, and handling the same with care is necessary. If the chip is seen broken or damaged it is better to avoid usage of such cards and also retailers should communicate the same to the customer.
\n<\/span>
\nMyth 3: Chip Cards cannot be used for fraudulent activities<\/strong>
\nNot true. Though Chip cards are way more safer than swipe cards, they still have the threat of getting misused. Both retailers and customers have to take sufficient care and use them safely.
\n<\/span>
\nMyth 4: The new chip cards send personal information to the retailer<\/strong>. Untrue. The new chips store personal information including the cardholder\u2019s name, the card number, its expiration date and the security code that is used to communicate with the financial institution that issued the card. This data is never shown on the retailer\u2019s POS screen.
\n<\/span>
\nWith our highly secure EDC machines that complies with PCI and EMV2 industry standards, you can be assured of security and safety. Get one for your store in just 72 hours! Head here<\/a> to know more
\n<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

With every bank upgrading cards to chip cards, there exists a lot of misconceptions about the same and here we are about to debunk some of the common myths.This change has been mainly carried out to increase protection against fraudulent card usage. As a retailer, the switch from swipe to chip can get a little confusing and sometimes worry the […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-6785","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/bijlipay.co.in\/blog\/wp-json\/wp\/v2\/posts\/6785","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bijlipay.co.in\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bijlipay.co.in\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bijlipay.co.in\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bijlipay.co.in\/blog\/wp-json\/wp\/v2\/comments?post=6785"}],"version-history":[{"count":2,"href":"https:\/\/bijlipay.co.in\/blog\/wp-json\/wp\/v2\/posts\/6785\/revisions"}],"predecessor-version":[{"id":6789,"href":"https:\/\/bijlipay.co.in\/blog\/wp-json\/wp\/v2\/posts\/6785\/revisions\/6789"}],"wp:attachment":[{"href":"https:\/\/bijlipay.co.in\/blog\/wp-json\/wp\/v2\/media?parent=6785"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bijlipay.co.in\/blog\/wp-json\/wp\/v2\/categories?post=6785"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bijlipay.co.in\/blog\/wp-json\/wp\/v2\/tags?post=6785"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}