Explained the key differences of EMV and Magnetic Stripe cards
SSL and SET both protocols use cryptographic techniques to send private data securely over the net. Mostly used these protocols in credit cards processing.
There are significant differences for Key entered and PIN entry transactions in Credit cards processing.
What is online and offline PIN validation in terms of Credit and Debit cards. Today there are two different PIN verification methods, online PIN and offline PIN.
EMV contact and contactless cards play a critical role in credit cards processing. EMV is a standard, so the data in EMV chip cards can not be copied, so chances for hacking is very minimal.
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