OREANDA-NEWS. July 11, 2012. JSCB EXIMBANK – Gruppo Veneto Banca will issue Visa cards with chip for all its Visa products, reported the press-centre of EXIMBANK.

A chip card is a plastic card that has a computer chip implanted into it. The chip brings extra value of safety and speed for card transactions, along with other benefits for the cardholders and merchants.

Chip cards are considered more secure than magnetic stripe cards, because the information is encrypted, and it is much more difficult to copy or counterfeit the chip.

Currently, the bank is certified for both issuing and accepting of Visa chip cards. Moreover, the bank can also accept MasterCard chip cards. All bank’s ATMs and POS terminals are adapted to recognize the chip.

For more details about issuing and accepting chip cards please contact our Bank Card Department at telephone number (373 22) 30 11 56 or write us at email address cards@eximbank.com.