With EMV cards you no longer have to swipe your card in the right direction at just the right speed. Chip cards are read in a different way. Instead, chip cards are simply inserted into a slot on the merchant's terminal and held until the transaction is complete. However, if the merchant's terminal is not yet EMV-enabled, you can still swipe with the magnetic stripe on the card.
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EMV, chip card, smart card — however you may hear it referred — it's that small, metallic square computer chip on our new Visa cards. This micro-chip is encrypted and provides stronger security and protection against fraud. Unlike magnetic-stripe cards, every time an EMV card is used for payment, the card chip creates a unique transaction code that cannot be used again.