11/29/2022 0 Comments Hdfc euro emv card![]() Our bank has been a pioneer in leveraging technology for card transaction security, customer service and operational efficiency. Rajan, Group Head-Operations, HDFC Bank said: "We want to offer our customers the benefit of modern, secure EMV cards and safeguard them from fraudulent skimming and misuse of their credit cards." He added, "As a leading credit-card issuer in India with more than 4.8 million cardholders, HDFC Bank fulfils the needs of all customer segments from individual users through small and medium enterprises to large corporations by offering a wide product range in both Visa and MasterCard® versions. Applications being considered include a customer loyalty program and an electronic purse.Īnnouncing this migration plan, Mr. Going forward, these smart cards will also serve as a multi-application platform. HDFC Bank also plans to issue EMV smart debit cards in the near future. HDFC Bank has started its migration to the EMV standard with credit and forex prepaid smart-card products on the Visa platform. This further enhances the security of electronic payment systems. These cards are based on complex and advanced technology and will provide the highest standard of security. This initiative significantly boosts the Indian subcontinent's migration to EMV, from standard magnetic stripe formats to chip-based smart cards. ![]() ![]() The 500,000 smart cards for the commercial launch phase that will run until March 2011 are being supplied by the Indian subsidiary of security technology specialists Giesecke & Devrient (G&D). ![]()
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