EMV chip technology is becoming the global standard for credit card and debit card payments. Named after its original developers (Europay, MasterCard® and Visa®), this technology features payment instruments (cards, mobile phones, etc.) with embedded microprocessor chips that store and protect cardholder data.

This standard has many names worldwide and may also be referred to as: “chip and PIN” or “chip and signature.”

Point of sale terminals across Australia are also being upgraded with the eftpos Chip technology. This will help to further reduce eftpos fraud, which is already the lowest in the country.

General Advice Warning:
In providing you with this information you should consider the appropriateness of this advice with regard to your particular financial situation and needs. We advise that you carefully read our Product Disclosure Statement and Financial Services Guide before acquiring a product.

For full details on our products and an analysis of your personal requirements, please arrange for an appointment with one of our friendly staff by contacting your local Dnister branch.