February 20: Business Online Banking Maintenance

Business online banking will be unavailable from 9 p.m. Mountain Time tonight, Tuesday, February 20, until 1 a.m. Mountain Time on Wednesday, February 21.

Business Credit Cards

Is a chip (EMV) credit card the same as contactless payment?

Category: Business   Service: Credit Cards | Updated: September 30th, 2015

Answer:

No. Contactless cards employ near-field communication technology (NFC), which has a radio antenna that transmits account information, and work by waving or tapping your card in front of a device. Chip cards must be inserted face-up into a chip-enabled merchant terminal that allows the chip to make contact with the reader to authorize and complete a transaction.

Learn more about Credit Cards


Was this answer helpful?

Your feedback helps improve this answer.

  Thank you, your feedback has been submitted.


Related Questions

View All FAQ’s for Credit Cards

Can’t find what you’re looking for? Search firstinterstatebank.com or Contact Us.


Other Support Topics