EMV Technology

Debit Card Security / Fraud Prevention Alert:

In an ongoing effort to protect our members from plastic card fraud, we have implemented measures requiring our debit card holders to utilize the EMV chip at all payment terminals enabled for this process. If you attempt to swipe your debit card at an EMV ready terminal, you will be required to insert your chipped card to complete the transaction. Your signature or 4-digit PIN may also be required.

Transaction data processed via EMV is far more secure than magnetic strip data (please see below) so we feel this measure is an important step in protecting our members from debit card fraud. If you have any questions regarding this, please feel free to contact your nearest NSFCU location.

What is EMV?

EMV stands for EuroPay, Mastercard, Visa and it represents microchip technology in your card that increases security. This technology originated in Europe and has been instrumental in preventing the spread of credit and debit fraud. Because NSFCU takes the protection of your account seriously, we are bringing this leading edge security to you in our Visa and Debit card programs.

How does EMV work?

NSFCU accounts are monitored for fraud 24 hours a day, seven days a week. The microchip enhances this process by providing dynamic data at the time of use that cannot be known by someone who steals your card or your card number. Additionally, a microchip is much more difficult to replicate or counterfeit than the old cards with just a magnetic strip.

Why is EMV being implemented?

Traditional magnetic strip cards can be easily copied (skimmed) with inexpensive card reading devices allowing criminals to reproduce counterfeit cards. The use of EMV microchip cards and EMV terminals is expected to significantly reduce credit card fraud.

How do I use my EMV card?

While EMV cards are widely accepted throughout Europe and Canada, many merchants across the United States are still working to update their payment terminals to process EMV microchip transactions. In time this technology will become standard.

  1. Insert your chipped card into the EMV ready terminal. Your card will be kept safely inside the terminal while the microchip is authenticated and the transaction completed. If the merchant isn't EMV ready, you will need to swipe your card. The transaction will process using the magnetic strip on your card.
  2. Sign for your purchase or enter your four-digit PIN as required. Most purchases you make with your EMV card will be verified with a signature or PIN but some unattended kiosks or smaller purchase amounts may not require it.
  3. Remove your card. Some terminals may remind you to take your card, but some may not.

Are there additional fees associated with my EMV card?

No, these security enhancements are provided by North Shore Federal at no cost to you.

If you have further questions regarding your NSFCU Visa card or NSFCU Visa Debit Card enhanced with EMV technology, please contact your nearest NSFCU location.