Axis Bank has launched India's first 'Visa Platinum Credit Card' based on the EMV (Europay, MasterCard, Visa) Standard. The Card has an embedded chip, which stores cardholder's information in an encrypted format, thereby providing the highest level of security to the cardholder against possible misuse in form of counterfeiting and skimming. In addition to the security provided by EMV certified chip, the Platinum Card also offers attractive benefits to the cardholders: EMV Certified Chip cards are next generation technology payment cards carrying an embedded microchip. Compared to existing magnetic stripe cards, the computing power of the chip means that cards can offer new payment options and services, greater security, and more convenience and choice.
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