AAA to Issue EMV-Chip Credit Cards

MyBankTracker

By , Staff Writer
Posted on Mon Sep 10, 2012, Last Updated on Mon Sep 10, 2012

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AAA, the major leisure travel organization, will begin issuing EMV (Europay MasterCard Visa) cards to its cardmembers.

EMV-chip compliance has become a standard in many foreign countries because of rampant card-skimming fraud. The chip uses dynamic encryption to secure transaction data so that it is more difficult to steal card information.

“Chip-enabled cards will expand purchase options, add convenience and transaction security for Americans traveling abroad,” said Siobhan O’Donnell, director of AAA Financial Services Sales and Marketing, in a press statement. “We are pleased to provide this new technology to cardholders which will enhance their international travel experiences.”

The card issued through AAA’s partnership with Bank of America, which also recently announced that it was making EMV-chip cards to its customers.

 

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