EMV Chip Technology

Enjoy safe and worry-free shopping with your RCBC Credit Card with added security through an embedded microchip that helps reduce fraud.

EMV Chip.png
How Does RCBC Credit Card EMV Chip Technology Work?
  • The card has an embedded microprocessor chip that stores and protects cardholder’s data. 
  • It provides you a more secure card while still doing everything magnetic stripe cards do. 
  • It lets you use your card conveniently wherever you travel. 
Questions? Look here.
  • EMV chip technology is a global standard for credit card and debit card payments. Named after its original developers (Europay, MasterCard® and Visa®), this smart chip technology features payment instruments with embedded microprocessor chips that store and protect cardholder data.
  • Just like magnetic-stripe cards, EMV cards are processed for payment in two steps: card reading and transaction verification. On the other hand, your EMV-enabled RCBC Credit Card will no longer be swiped, instead it will be dipped. This means that your RCBC Credit Card will be inserted into a terminal slot, during which, data flows between the card chip and the issuing financial institution (that is, RCBC) to verify the card’s legitimacy and create the unique transaction data.
  • Yes, you will still need to sign as part of the verification method and to take responsibility for the payment when making a chip-and-signature card transaction.
  • The current verification method is not tied to a PIN since your RCBC Credit Card is a chip-and-signature card.
  • Yes. Your RCBC Credit Card is EMV-enabled but it is still equipped with a magnetic-stripe function, so if your RCBC Credit Card is entered into the chip reader slot but the reader isn’t activated yet, it will come up with an error and the cashier will be prompted to swipe your RCBC Credit Card in order to process the transaction.