EMV-based payments seems so simple right? You stick your card in the payment terminal slot, leave it there for a few seconds and you're done. Easy yes. But there's a whole lot of work that goes on behind the scenes to make it easy to use. This graphic shows the differences between today's mag-stripe transaction and an EMV one.

1. U.S. Transactions Are Changing
With EMV Contact and Contactless
MAG-STRIPE
HOST PROCESSING
Card
Validation
Card
Swipe
Clerk Data
Entry/Amt,
Other/
EMV CONTACT
Fraud/
Velocity
Check
Open to
Buy
Check
Send to
Host
Response
From
Host
Approval/
Decline
Message
Receipt
Printing
HOST PROCESSING
TERMINAL PROCESSING
Terminal
Cardholder Risk
Application Offline Data Processing Verification ManageSelection
Auth.
Restrictions CVM
ment
Clerk Data
Entry/Amt,
Other/
Terminal
Alalysis/
Decision
Card
Insert
Card
Validation
Fraud/
Velocity
Check
Send to
Host
Open to
Buy
Check
Response
From
Host
Approval/
Decline
Message
TERMINAL VERIFICATION (TVR)
VeriFone, the leader in integrating EMV into payment solutions worldwide, is the perfect partner during this transition. We have years of experience helping thousands convert to EMV with hardware, software and managed services.
EMV CONTACTLESS
CARD PROCESSING
Terminal
Verification Terminal
Results
Analysis/
(TVR)
Decision
Clerk Data
Entry/Amt,
Other/
Card
Tap
HOST PROCESSING
Card
Validation
Send to
Host
Fraud/
Velocity
Check
Open to
Buy
Check
Response
From
Host
Approval/
Decline
Message
Receipt
(may
not be
required)
Receipt
Printing
Remove
Card