ETA Certified Payments Professional (CPP) 2025 – 400 Free Practice Questions to Pass the Exam

EMV stands for Europay, MasterCard, and Visa, which reflects the collaboration of these major payment brands in creating a global standard for credit and debit card payments. The EMV standard was developed to enhance security with chip card technology, significantly reducing fraud associated with card-present transactions.

This industry-standard technology allows for the integration of smart card technology into payment cards, enabling secure transactions through the use of embedded microchips. EMV also facilitates the usage of contact and contactless payments, enhancing overall consumer confidence and reducing the risk of card cloning and counterfeiting. Understanding EMV is crucial for professionals in the payment industry as it represents a significant shift toward safer electronic payments globally.