WVFCU FAQs
EMV Chip Card
Are chip-enable terminals expensive?
There are costs involved in upgrading... [Read More]
Are merchants required to switch to chip-enabled terminals?
No, it’s... [Read More]
Are there other reasons merchants should have chip-enabled terminals?
Customers... [Read More]
Yes. Chip cards can be used virtually anywhere this brand of card is accepted... [Read More]
Can a chip card be used to make purchases online or by phone?
Yes. There is... [Read More]
Can cardholders be tracked with their EMV cards?
No. Chip cards contain... [Read More]
Yes. There is a $15.00 Fee.
Can cardholders still use their current card?
They can use their current card... [Read More]
Can chip cards be used at an ATM?
Yes. For ATM transactions, cardholders will... [Read More]
Yes. They still need to sign the back of their card.
All cards that we issue come with certain liability protections against unauthorized... [Read More]
When used at merchants with chip-enabled card terminals it’s as easy as:
Insert... [Read More]
Merchants will need to contact their acquirer or payment services provider to... [Read More]
Yes. Chip cards add an additional layer of security to the safeguards that already... [Read More]
The goal in the U.S. is that all debit and credit cards will be issued with... [Read More]
Yes. There is a $15.00 Fee per card.
Yes, there is an important fraud liability shift on Oct. 1, 2015. After that... [Read More]
These card-not-present transactions don’t change, and chip cards don’t... [Read More]
A chip card - also called a smart card or an EMV card - is a debit or credit... [Read More]
A chip card - also called a smart card or an EMV card - is a debit or credit... [Read More]
A chip card - also called a smart card or an EMV card - is a debit or credit... [Read More]
Consumers need to report a lost or stolen card promptly by calling the toll-free... [Read More]
If a merchant has not converted its payment devices to chip-enabled technology... [Read More]
For merchants without chip-enabled terminals, cardholders will ‘swipe’... [Read More]
The chip contains information about a cardholder’s account and the card... [Read More]
Depending on the card and the transaction, cardholders may be asked to provide... [Read More]
Consumers need to report a lost or stolen card promptly by calling the toll-free... [Read More]
They should contact their acquirer or payment services provider for information... [Read More]
While chip cards won’t prevent the types of data breaches that have hit... [Read More]
Yes, the payment process will take a bit longer. Rather than swiping their debit... [Read More]