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

• Nothing in this Exhibit or the Agreement will give you any right, title or interest in the EMV PSP Service or any supporting documentation, except as expressly set out in this Exhibit.

• You will: (a) at all times throughout the duration of the terms of this Exhibit ensure that all publicity, signage, and/or promotional material you issue, or have issued on your behalf, in respect of or in connection with the EMV PSP Service complies in all respects with the Codes of Practice and includes information which will enable the Service User to ascertain prior to use the charge which is payable for the purchase of the Offering.

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

• Unless earlier terminated as provided for herein or the Agreement, the terms of this Exhibit will continue in force while the EMV PSP Service is provided from any Terminal in connection with the Service.

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

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 a global standard for Card-based chip technology;

EMV means Evaluation, Measurement and Verification;

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 was developed by Europay, MasterCard and Visa. It is the global standard for Chip based payments.