• Chip and PIN

• Chip and PIN: the benefits
• Getting started with chip
• Handling chip cards
• Troubleshooting tips
• Advice for UK retailers
• UK retailers' experience

• Contactless payments

• Self-service card acceptance terminals

• V PAY

V PAY

V PAY is a new type of pan-European debit card, based entirely on chip and PIN. Some merchants across Europe can already accept payments on these cards.

Banks across Europe are currently preparing to add the new V PAY logo to their domestic debit cards. In doing so, they will create a more open and consistent European debit card network.

Over the coming years, millions of cardholders across Europe will carry debit cards that feature the V PAY logo. They will be able to use these cards when travelling in other European countries, in exactly the same way as they do in their own country.

V PAY has been created by Visa Europe. Because it takes full advantage of the latest EMV* chip standards, it will be cost-effective for you to accept.

Key features:

• Secure
  Because V PAY is a chip-only, PIN-only debit card, the risk of fraudulent or disputed transactions is virtually eliminated.
  
  
• Fast route to acceptance
  Any merchants with EMV* chip and PIN terminals can easily and immediately accept V PAY. No technical modifications are necessary – usually it is just a matter of displaying V PAY decals at their premises.
  
  
• More customers
  Increasing numbers of European cardholders will soon have V PAY cards, which they will want to use in their own country, and across Europe.
  
  
• Consumer confidence
  Because it is based on chip and PIN, V PAY benefits from a consistent pan-European acceptance experience. Cardholders will therefore be confident in using their debit cards in more locations.
  
  
• Low operating costs
  Because it is a chip and PIN debit card, V PAY is extremely cost-effective to accept.

Further information

Merchants in Greece, Italy and Turkey have already started to display V PAY decals.

Other countries that are currently making preparations for V PAY are Finland, France, Hungary, Poland, Portugal, Switzerland and the UK.

Please contact your acquiring bank for further information.

VPAY.com - further information about V PAY for cardholders, merchants and banks can be found on the V PAY website.



* International chip card standards developed by Europay, MasterCard and Visa.