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Enhanced Card Security


FORUM always has the security of our members in mind. That’s why we stay on the cutting edge of technology advancements and security standards. In the coming months, FORUM will be issuing FORUM MasterCard® Credit Cards that feature an EMV chip.

What is an EMV chip?

Europay, MasterCard, and Visa (EMV) developed a security standard for chip card payments and terminals. Your EMV card will look nearly the same as your current card, except for the addition of a small embedded smart chip.

Using your card is easy and secure.

Instead of swiping your card, your card will need to be inserted into the terminal and remain there while the transaction is completed. This small chip makes your card less vulnerable to fraud during in-person transactions. Traditional cards with magnetic strips hold static information that doesn’t change once the card’s manufacturer encodes it. EMV chip cards on the other hand generate dynamic data for every transaction, which makes it very difficult for the card to be copied or counterfeited. You’ll be able to use your card just as you have in the past, but you’ll have the confidence of more security.
You’ll be able to use your card anywhere MasterCard® is accepted.

EMV readers or terminals are already being used all over the world. This means you’ll be able to use your card to pay at national and international merchants where chip cards are standard. If a merchant doesn’t yet have a chip-enabled terminal, you can use your card by swiping with the magnetic strip that is still available. In addition, by using an EMV card, transaction liability moves to the issuers and merchants not using chip technology.
As new EMV cards are issued, FORUM is here to help you keep informed and secure at all times. Please contact a FORUM Representative if you have any questions. 



FORUM Credit Union in Indianapolis, Indiana is federally insured by the NCUAFORUM Credit Union in Indianapolis, Indiana is an Equal Housing Opportunity lender
Federally Insured by NCUA