Global EMV POS Terminals Market to Grow at a CAGR of 13.9% During the Period 2016-2020
EMV stands for Europay, MasterCard, and Visa. EMV is a standard for payment cards, payment terminals, and for ATMs. The EMV standard was developed to deliver a safe and secure payment transaction between chip-based payment cards and terminals. EMV POS terminals generate a dynamic code for every transaction, makeing it almost impossible for fraudsters to decode and retrieve customer's information.
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