JHA Payment Processing Solutions said it will begin offering chip-and-signature debit and credit cards to its credit union customers, enabling them to better serve members who live or work abroad.
EMV (Europay, MasterCard and Visa) cards have been widely adopted in international markets and are expected to gain traction in the United States because of their enhanced security, said the payments division of Jack Henry & Associates in Monett, Mo.
In addition to the embedded microchip that meets the EMV standard, the Visa-branded cards have the standard magnetic stripe for use in any traditional card reader in the United States, the company said.
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