Chip Card Technology

Chip Card Technology


Diana Wagner & Eileen Donner, First International Bank & Trust

It seems every time you turn around there is a new technology available. There’s your phone, your computer, and now your debit and credit cards! Debit and Credit Cards are coming out with smart chips built into the card. These chip cards are also known as EMV, Smart, or Chip Cards. While this technology is not mandatory and may not be utilized by some banks, First International Bank & Trust feels it is an important layer of security for our customers.

Chip cards make in-store transactions more secure when you pay at chip-enabled terminals. This helps to protect the information on the card when fraudsters breach merchants, which is happening all too frequently these days.

These cards are already in use in much of the world. This is a security standard originally developed by Europay, MasterCard and Visa (EMV) as a way to fight card fraud resulting from theft, skimming and counterfeiting. The EMV technology has been adopted by the other major card brands and issuers.


For our international travelers this is great news! Many other countries have already converted to EMV chip card technology. Be aware that, though many of these countries require Chip Cards, you may have to use your PIN to complete the purchase and may not be given the option to sign to complete the transaction. If you have forgotten your PIN or would simply like to change it before leaving the country, please get in touch with your local branch.

Instead of swiping your chip card, you will “dip” the card into the merchant’s payment terminal. The card will need to be left in the terminal while the transaction is processed.  The terminal will give you prompts to complete your transaction. When the transaction is complete the terminal should remind you to remove your card.

Watch our helpful video on how to use chip cards here!

Chips cards can be used virtually anywhere a particular brand of card is accepted in the U.S. and around the world. Chip cards will work in both chip-enabled and swipe terminals. If a cardholder tries to swipe a chip card in a chip-enabled terminal, they will be prompted to insert the card to complete the transaction. Not all merchants will have chip-enabled terminals. Fuel pumps, for example, will likely continue to use the magnetic stripe for the next couple of years. If a terminal is not chip-enabled, a chip card can still be swiped to read the magnetic stripe on the back to complete the transaction.

Frequently Asked Questions

For more FAQs and information, visit the chip card section of our website.


Diana Wagner

Credit Card Department Manager

Eileen D.

Eileen Donner

Customer Care Center Manager

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