EMV definition

EMV or “Estimated Monthly Volume” shall mean the Customer Segment with manual (non-smart metered) registration of approximate monthly volumes.
EMV means contactless payment cards that conform to the international standards issued by EMVCo (owned by American Express, Discover, JCB, MasterCard, UnionPay and Visa) which manages, maintains and enhances the EMV1 integrated circuit card specifications;
EMV. (acronym for Europay, MasterCard and Visa) means a technical specification for payment cards relating to integrated circuit cards, point-of-sale terminals and automated teller machines that use card embedded computer chips to authenticate chip-card transactions. The specification is presently managed by EMVCo, a consortium with control split among Visa, MasterCard, JCB, American Express, China UnionPay, and Discover.

Examples of EMV in a sentence

  • An Annual Fee a PCI‐DSS Fee and an EMV Compliance Fee (three separate and distinct fees independent of each other) of $99.50 each will be charged to all Merchant accounts based on the number of Active Terminals per Merchant in each Calendar Year regardless of enrolment time.

  • All Merchant EMV charges will be on a separate Addendum to this Gateway Services Agreement.

  • SHIFT4 will charge Merchant accordingly to change to a certified EMV Processor, to configure terminals, and other related EMV charges.

  • In developing the data plan, Implementer shall collaborate with PG&E to identify the program data elements required for reporting, EM&V, and compliance purposes as well as the method of collection.

  • Dies ist die Umsetzung der EMV EU Richtlinie 2014/30/EU in der Bundesrepublik Deutschland.


More Definitions of EMV

EMV. (Europay/Mastercard/Visa) means the global industry standard for chip enabled cards aimed to protect Merchants and Cardholders from fraudulent activity and counterfeit cards.
EMV has the meaning given to it in paragraph 1.1 of Schedule 5.9 (Smart Ticketing);
EMV means the standard for interoperation between a Card, EDC Terminal, and ATM which allows for the authentication of Card payments;
EMV was developed by Europay, MasterCard and Visa. It is the global standard for Chip based payments.
EMV means a global standard for Card-based chip technology;
EMV means Europay, MasterCard® and VISA. EMV is a global standard for authenticating credit and debit card transactions that involves chip-compatible cards and point-of-sale terminals.
EMV means ElectraMeccanica Vehicles Corp., a corporation existing under the laws of the Province of British Columbia;