Exchange Bank Scheduler

Chip Technology

Carry the security and convenience of our chip card.

Mastercard-Chip-CardsWhat is a chip card and why it is more secure?
The new Exchange Bank Debit MasterCard has an embedded microchip that generates a unique one-time code specific to your card and the transaction being processed every time you use your card at chip-enabled ATM’s or terminals. This security feature makes your chip card extremely difficult to counterfeit.

Why upgrade to a chip card?
Chip technology is already used in other countries, resulting in a reduction in card fraud. This improved security is why CHIP cards is coming to the U.S. and makes traveling to other countries easier and safer.

Can I use my Exchange Bank Debit MasterCard chip card for everyday transactions or at non-chip
enabled terminals?

Yes! Your chip card also has the usual magnetic stripe on the back so you can continue to use your card at ATM’s and Point of Sale terminals while merchants in the U.S. are transitioning to new terminals.

How Do I make Chip Transactions at chip-enabled ATM Machines and Point of Sale Terminals?

step-1STEP 1
Insert your chip card into the ATM or point of sale terminal following instructions on the terminal. It is important to leave your card in the terminal until the transaction is complete. If you remove your card too soon, the transaction will end and your purchase will not be processed.

step-2STEP 2
The terminal may require you to input your PIN
or sign your sales receipt to complete your purchase. 

step-3STEP 3
For sales transactions, the terminal will display your purchase amount. 

step-4STEP 4

When your transaction is complete, it is important
to remember to remove your card.