The EMV chip is a global standard microchip that credit card providers utilize to reduce instances of credit card fraud in the Philippines. Unlike the older technology which used a magnetic strip, the EMV chip generates a unique transaction code every time the card is used for a purchase.

Fraudsters that attempt to steal your information through one transaction, such as via skimming, will fail as the transaction data will not be usable beyond the payment it was generated for.

When you and your credit card are secure, you’re both scam proof too.