EMV

British  

abbreviation

1. expected monetary value: the product of the monetary outcome of a particular decision in a decision tree and the probability of this outcome happening

---

Example Sentences

Improved verification methods and EMV chip card technology, instead of the magnetic stripe, have made it harder for criminals to counterfeit debit and credit cards or get more than a few dollars from stolen cards, said Mr. Solomon, who has spent years investigating financial crimes for banks.

From Washington Times

Demand for cards with EMV chips is high: By the end of 2021, 63 percent of U.S. cards carried the distinctive silver or gold squares, according to payment technology standards body EMVCo.

From Washington Post

The EMV chip was the answer — you could just tap your credit, debit or prepaid card at check-out.

From Washington Post

Though her company doesn’t use EMV chips, it has been experiencing supply chain delays on other materials used in its gift and loyalty cards.

From Washington Post

Nowadays, 86 percent of in-person card transactions globally use EMV chips.

From The Verge