EMV 101 for the Healthcare Industry
Publication Date: September 2015
The payments industry in the United States is migrating to EMV chip technology, replacing the magnetic-stripe bank cards and point-of-sale (POS) terminals that have been in use for decades. EMV-compliant chip cards offer better security for card-present transactions by making every transaction unique. In addition, chip cards are more difficult to counterfeit or copy.
EMV chip card acceptance is being rolled out in businesses accepting credit and debit cards across the U.S., including healthcare providers of all sizes, including small practices, large providers, and hospital systems.
This white paper provides an overview of EMV chip technology to help prepare the healthcare industry for EMV migration. The white paper provides the following information:
- What EMV chip technology is and why it is important for card-present payment transactions
- What the impact of EMV is for healthcare providers and hospital systems
- How healthcare providers and hospital systems can prepare for EMV chip technology
About the White Paper
The Smart Card Alliance Health and Human Services Council developed this white paper to provide an educational resource on EMV chip migration for the healthcare industry
About the Smart Card Alliance Health and Human Services Council
The Smart Card Alliance Health and Human Services Council brings together human services organizations, payers, healthcare providers, and technologists to promote the adoption of smart cards in U.S. health and human services organizations and within the national health IT infrastructure. The Health and Human Services Council provides a forum where all stakeholders can collaborate to educate the market on the how smart cards can be used and to work on issues inhibiting the industry.