Is Your Business Ready For EMV? Hurry! You have Till October 2015….. EMV® is a global standard for credit and debit payment cards based on chip card technology" taking its name from the card schemes Europay, MasterCard, and Visa – the original card schemes that developed it. The standard covers the processing of credit and debit card payments using a card that contains a microprocessor chip. View the infographic for all the details..