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Coming Soon – Make Safe Payments Safer™ with your new Chip Card
Dear Member:
In the next while, you will have a new card in your wallet. This card will contain the latest in chip technology, offering a whole new level of security and peace of mind – a card that makes safe payments safer.
What is a chip card?
Chip cards contain an embedded microchip which is virtually impossible to replicate. This provides significant protection against card counterfeiting and fraud. Your card works together with chip-enabled terminals, a Personal Identification Number (PIN) and a range of security features to create a multi-layered defense against fraud.
Even though these new chip cards incorporate sophisticated new technology, they are easy to use. At your local ATM, you won’t notice any difference. You’ll see a change when you go make a GLOBAL PAYMENT™ MasterCard® purchase. That’s when you’ll need to enter your PIN instead of signing a credit slip. And, your card will remain in the terminal during the entire transaction.
Keep in mind that it will take time for all stores and restaurants to be set up with chip-enabled terminals. To help with this transition, your new card will also have a magnetic stripe to make sure it continues to work in older terminals.
What’s next?
First, you will receive the PIN for your new chip card. Keep your new PIN safe and don’t disclose it to anyone. A few days later, you’ll receive your new chip card. Once you have followed the instructions to activate the card, you can begin using it. And if you’d like to change your PIN once you receive your chip card, just visit your nearest Battle River Credit Union branch.
We are really excited about the arrival of these new cards. You can read all about the new technology at:www.interac.ca/consumers/chip.php
® HANDS & GLOBE Design is a registered certification mark owned by the World Council of Credit Unions, used under license.
™ MAKE SAFE PAYMENTS SAFER is a trade-mark owned by Credit Union Central of Canada, used under license.
® MASTERCARD is a registered trademark owned by MasterCard International Incorporated and is used under license.
™ GLOBAL PAYMENT is a trademark of CUETS Financial Ltd. and is used under license.
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