eAuthorize and EMV Chip Technology
As you are most likely aware, credit card issuers have begun to release credit cards which include “a chip.” EMV chips are a more secure alternative for taking payment on a card which is physically present for a transaction. EMV will provide greater security than swiping a card.
Below is the official faq from Authorize.net regarding EMV chip technology:
According to the faq, their development API will not be compatible with EMV on some processors until next year. Also, they still haven’t released updated API documentation that includes information on EMV chip related fields.
As for PayPal, there appear to be no EMV related updates to their Payflow Pro guide at this time. We still don’t have information regarding what parameters should be sent to the gateway during a transaction to support EMV.
As we learn more, we will post to this website.