Chip Cards

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Chip Card Technology is here!

ChipSoft also offers your business with chip cards services. A chip card is a debit or credit card that contains an embedded microchip along with the traditional magnetic stripe.

The chip provides consumers with additional security when making transactions at stores, terminals, or ATMs because they're harder to skim.

Benefits of using chip cards

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1. Added security against fraud.

Chip cards request PIN code entries over signatures. As a result, payments are a lot more secure and less likely to be fraudulent. They help to provide added security against counterfeit purchases or the use of lost and stolen cards.

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2. Guaranteed authenticity.

Chip cards contain a transaction-unique digital seal or signature in the chip proves its authenticity in an offline environment and prevents criminals from using fraudulent payment cards.

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3. Better information storage.

Chip cards store considerably more information than magnetic stripe cards. As a result, your cards become greater representations of your identity. With your relevant personal information stored on the card.