chip card, mobile payments

Chip Card Nightmares? Help Is on the Way A8 Chip cards, also known as EMV cards, are getting faster at the register, but mobile payments like Apple Pay are the real answer, Joanna Stern says.

chip card

NOUN

A card incorporating a microchip that stores information about transactions and provides security against misuse.

Origin

1980s; earliest use found in The American Banker.