PNC will be replacing all cards with EMV chip-enabled cards in 2015.
The new card will have a small micro-chip on the front.
The card can be used to transact at chip-enabled point-of-sale terminals and is encrypted to provide stronger security and protections against fraud.
Chip cards also have a magnetic stripe on the back that can be used with merchants who are not capable of processing chip-enabled cards.
Although the magnetic stripe, signature-based transactions continue to be the most common type of transaction in the United States, many countries have been using chip technology for several years. Throughout 2015, merchants in the United States will begin to deploy point-of-sale terminals capable of processing chip-enabled cards.
PNC's cardholders will receive a "Chip and Signature" card. When using the chip feature of their new card, cardholders will insert the card into the chip reader, often located at the base of the terminal, and will be prompted for their signature to authorize a transaction.
PLEASE NOTE: PNC also offers chip cards a PIN option. These cards provide an extra level of security and are sometimes required when transacting outside of the United States. If you have cardholders with extensive international travel, they may be better served with a "Chip and PIN" card. This type of card will require the cardholder to enter a 4-digit PIN when transacting at the point-of-sale. If you believe your cardholders will need a Chip and PIN card, contact firstname.lastname@example.org.