This is a fairly modern payment terminal with all the bells and whistles you’d expect, such as support for NFC and EMV chip cards. There’s a good chance that you’ve seen one of these ...

With EMV technology, the payment terminal reads your card for the unique, encrypted information transmitted by the chip on your card. Since the single-use encrypted information is different for ...

or to hold a cell phone over a payment terminal to cover your groceries. But in the U.S., you only have to go back about 10 years or so — before EMV chips and contactless technology became stand ...

“When payment fraud happens ... “If the retailer has a NFC/EMV terminal, but the consumer’s bank hasn’t issued a chip and PIN card to the customer, the bank would be liable.

tokenization and other strategies to provide payment protection that may, in some cases, be superior to EMV. “Virtually every EMV terminal also incorporates NFC, enabling mobile proximity ...