To understand the trading process of EMV, we need to know the EMV standards.
EMV standard is the technical standard for the transfer of bank cards from the magnetic stripe card to the smart IC card by the international three major bank cards, --Europay, MasterCard and Visa . It is a recognized global standard for financial support based on IC card. Yes.
Take the domestic bank card as an example, the bank card contains the following information:
Positive:
Name of the hairpin organization
Card issuing agency sign
The use scope of credit card by the issuing agency
The number of the reference card and the number of the printed cards are the top four.
Effective deadline for credit cards
The name and sex of the cardholder
Application card logo
Back:
Magnetic strip
Cardholder's signature and signature column
Card number and card check code 2
Important statement of the issuing bank
Card service or authorized service phone
Transaction process:
Check if the card is with a chip
Input the transaction amount in the POS financial application
Card or card
According to the hint, please enter the password for the card holder
When the transaction is completed, please sign the cardholder and do not pull the card during the transaction.
Be careful:
A cashier should give priority to the use of a chip to trade, such as without the first transaction with a chip, and a direct use of magnetic strips for transactions. If fraud losses occur, the merchant may take the corresponding risk.
All revocation and return transactions must be consistent with the application of the original transaction.
Rollback transaction: if the IC card is damaged or the card reader terminal is damaged, it is allowed to trade with magnetic stripe cards.
If you haven't understood the flow of EMV, you can come to buy our company's financial POS TPS900.
TPS900 conforms to the EMV specification through PCI, and we have EMV applications to test and demonstrate.
Click to know more about TPS900 EMV certificated POS device
Or Google search Telpo
