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Chip Debit Card FAQs for Cardholder What are chip debit cards? A chip card also called a smart card or an MV card is a debit or credit card that contains a microprocessor that enhances the security
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A chip debit card is a type of payment card that contains an embedded microchip.
Chip debit cards are not filed, they are issued by banks to their customers for secure transactions.
You do not need to fill out a chip debit card, you simply use it to make transactions at a point-of-sale terminal or ATM.
The purpose of a chip debit card is to provide enhanced security and protection against fraudulent activities during transactions.
No specific information needs to be reported on a chip debit card.
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