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

  • Accepts payments using EMV chip, magstripe, key enter or using near field communication.

  • If your card has an EMV chip, protect the EMV chip on the front of the card.


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 of Schedule 5.9A (Smart Ticketing);
EMV means the standard for interoperation between a Card, EDC Terminal, and ATM which allows for the authentication of Card payments;
EMV means Evaluation, Measurement and Verification;
EMV means ElectraMeccanica Vehicles Corp., a corporation existing under the laws of the Province of British Columbia;
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 a global standard for Card-based chip technology;