Hello World,

Mostly People Asking me What is EMV Chip and why our banks in Pakistan migrating to EMV Card Technology instead of using Magnetic Strip Debit Card and credit cards. As part of its security measures for transaction where you swipe your card while using HBL Debit or Credit Card SBP announced Global Standard EMV Chip & PIN

What is EMV?

EMV basically is technology with latest global standard for card payments it is an acronym for Europay and Mastercard & Visa, who developed this technology. EMV cards are based on Chip and their payments being made on Chips technology not an Magnetic strip it enhanced safety features that are desgined to prevent fraudulent practice such as card skimming and clonning.

 Do You want to know how it works?

As your old credit and debit card store your data on the magnetic stripe found on the reverse side of your card where CVC mentioned. This makes it easy for a fraudster to copy your data when you swipe the card. EMV cards, in contrast, store your entire data on a microprocessor chip embedded in card, this means that the card generates fresh user data every time you transact, making it impossible for fraudsters to copy your orginal data which was generated from your card.

Another main Feature of EMV technology card is that they use both your card and a scret PIN to complete a transaction. When You use your EMV credit or Debit card at a ATM terminal, it generates a unique encrypted code called TOKEN or CRYPTOGRAM which is unique and specific only to that transaction.



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Muhammad Faraz Jamil
Hello! I’m Muhammad Faraz Jamil, having couple of years work experience in WordPress Designing and Development & Customization, committed to working with responsibility, honest and my intention to get client’s entire satisfaction with my great service. I have proficient with some international institute and mastered in the skills to meet client’s demands and deliver top-notch service. So, I can certify that I will handle any WordPress Website project professionally without invalid excuses. - Thank you