EMV Chip Card
Your Sycamore Bank Debit MasterCard® is about to be more secure!
As you may have heard or read, EMV (Europay, MasterCard®, Visa®) technology provides increased security capabilities and is sometimes referred to as a Smart Card or Chip Card. EMV cards are equipped with a small metallic square (chip) on the front of the card that stores card information. EMV technology has been instrumental in preventing the spread of debit card fraud and will be the chosen method of payment in the United States within the next few years. Instead of storing all your card's information in the magnetic strip, the Chip Cards create a unique code associated with EACH transaction, making hacking the card information much more difficult. Your new EMV card will still include the magnetic strip, so you will still be able to use it at merchants and retailers that have not upgraded to the new EMV technology, as well as at retailers currently supporting the EMV technology.
Within the next year, all of our customers will receive their new chip-enabled EMV Debit MasterCard®(s) in their mailbox.
Note: If you have any recurring/automatic payments associated with our current debit card, you will need to update the card information with that company once you receive your new card.
The card will come with a sticker on it with a toll-free number to call and activate the card and set your personal identification number (PIN). Be on the lookout for your new card(s) within the next twelve months!
If you have any questions, please call 662-562-1000.