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If you have questions about Visa chip cards, you've come to the right place. See below for answers to commonly asked questions about Visa issuers U.S. chip migration.

What is a Visa chip card?

Chip cards are regular plastic credit or debit cards with an embedded microchip. The chip protects in-store payments because it generates a unique, one-time code that is needed for each transaction to be approved. It is virtually impossible for fraudsters to replicate this feature in counterfeit cards providing greater security and peace of mind when used in store. A chip card also has a magnetic stripe on the back of the card and may include Visa payWave technology for contactless payments.

Are Visa chip cards new?

Although Visa chip cards are relatively new in the U.S., they have been used elsewhere for many years. In some countries, particularly in Europe, merchants may be more familiar with accepting chip cards than magnetic stripe cards.

Are Visa chip cards safer to use than magnetic stripe cards?

All Visa cards are safe, and offer protection from unauthorized use of your card or account information. Visa chip technology offers another layer of security when used at a chip-reading terminal, because it generates a unique, one-time code that is needed for each transaction to be approved.

Can I use my Visa chip card for all the same things as my old card?

Yes, you can still make purchases as you always have — by entering the card number online or swiping your card at merchant locations that do not yet have chip readers. You can also continue to use your card at ATMs.

When will chip cards be accepted in the U.S.?

Merchants have already begun to deploy chip terminals, so you will see more and more merchants accepting chip cards over the next few years. Magnetic stripe cards will continue to be accepted. Contact your bank now to get more information on Visa chip cards.

Will a chip card be more expensive for me to use?

Typically, your financial institution will upgrade your card at no cost to you. However, you should check with your financial institution for any related costs.