EMV Chip Cards for Added Security
KCCU will transition to the EMV Chip Card, a safer and smarter credit and debit card that offers a new layer of protection against fraud. You should receive your new cards during 2016, along with instructions on how to use the card.
An EMV Chip Card is a credit or debit card with a traditional magnetic strip and an embedded microchip for added security. The embedded microchip provides unique data specific to your card and the transaction being processed every time you use it at chip-enabled ATMs or terminals. So, you are better protected from financial criminals.
Chip Cards are already being used in most countries around the world, resulting in a reduction in card fraud. This improved security is why Chip Cards are coming to the U.S.. Currently, the Chip Cards will be issued with a chip on the front of the card and the familiar magnetic stripe on the back of the card. Chip Cards will continue to be compatible with existing non-chip capable devices.