DIGITAL
No card? no problem.
(and no fraud)
The only dynamic CVV solution fully on EMV-rails
Built for digital-first fintechs & issuers
CVV refreshes every time the app opens
Available on iOS and Android
Easy on-ramp for future physical cards
EVC provides proof of
human intent
Establish human authorization to agentic AI shopping transactions
Prevent more false declines for issuers
Virtually eliminate chargebacks for merchants
EVC PROVIDES PROOF OF HUMAN INTENT
Establish human authorization to agentic AI shopping transactions
Prevent more false declines for issuers
Virtually eliminate chargebacks for merchants
DIGITAL
No card? no problem.
(and no fraud)
The only dynamic CVV solution fully on EMV-rails
Built for digital-first fintechs & issuers
CVV refreshes every time the app opens
Available on iOS and Android
Easy on-ramp for future physical cards
DIGITAL
No card? no problem.
(and no fraud)
The only dynamic CVV solution fully on EMV-rails
Built for digital-first fintechs & issuers
CVV refreshes every time the app opens
Available on iOS and Android
Easy on-ramp for future physical cards
HOW IT WORKS
EVC-Ready payment processors prompt cardholders to provide the dynamic security code on their physical/virtual cards for agentic shopping.
Cardholders provide the current EVC which establishes human intent for these AI-driven transactions.
The dynamic CVV/CVC is accepted by the payment processor and the transaction is approved.
The agentic AI purchase is completed with the cardholders, issuer, and merchant assured that it was human approved.
Frictionless Verification
Fully on EMV-Rails
Zero Lift from Merchants
Compatible with existing servers (HSMs)
HOW IT WORKS
EVC-Ready payment processors prompt cardholders to provide the dynamic security code on their physical/virtual cards for agentic shopping.
Cardholders provide the current EVC which establishes human intent for these AI-driven transactions.
The dynamic CVV/CVC is accepted by the payment processor and the transaction is approved.
The agentic AI purchase is completed with the cardholders, issuer, and merchant assured that it was human approved.
EVC prevents fraud across every channel
The EVC One Platform extends our premiere dynamic CVV solution across physical, digital, and agentic experiences, giving issuers the flexibility to deliver security exactly how their customers need it.
The EVC advantage is remaining fully on EMV-rails and in-transaction, ensuring that enhanced security never interrupts the checkout experience. It eliminates the operational cost and complexity of managing fragmented, "stacked" fraud tools.
how other solutions fall short
Biometrics
-
High levels of friction
-
“Deepfakes” can overcome Face ID
-
Mobile device required
Algorithmic
-
Non-human behavior is no longer a red flag
-
Must trust another AI to use your AI
-
Sparks endless AI arms race
Alt “Step-up”
-
Transaction is interrupted to verify outside EMV
-
Generally relies on algorithmic detection
-
Mobile device required
FAQs
EVC (Ellipse Verification Code) is a next-generation chip integrated into your debit or credit card. The EVC chip enables cards to display a dynamic security code (dCVV2/dCVC2) that automatically changes when the physical card is used at any point-of-sale, ATM, or via your issuer’s mobile app. The dynamic security code replaces the printed security code on the back of the card, making your card more secure from fraud.
The EVC technology and chip were developed by Ellipse (www.ellipse.la). Ellipse works with your card issuer to not only provide you with your EVC-ready card, but also a feature in your issuer’s mobile app to refresh the dynamic security code on your own.
No. Whichever dynamic security code is currently displayed on your card can be used for each online transaction, just like the printed codes of old. The dynamic security code is synced to the data your issuer has, so there is no need to manually re-enter the code online.
The EVC chip and EVC-ready cards do not have any battery at all. Instead, a small amount of energy is harvested when you use the physical card at any point-of-sale, ATM, or your mobile app on your phone – just enough energy to change the integrated e-paper display to change the dynamic security code.
No, the EVC chip only uses industry standard Near Field Communication (NFC) so there is no interference with cellular signals.
Your issuer’s mobile app has a feature to refresh the EVC display, or clear the display altogether (known as Invisible Mode). Please follow the mobile app instructions here to use this feature. You can also visit an ATM and perform a consultation transaction, and the security code will be updated.
Invisible Mode is an additional feature on EVC chips that clears the display entirely, so there is no security code shown on the screen. This adds physical security when handing your card to a 3rd party (eg. a waiter at a restaurant). Invisible Mode is accessible through your bank's mobile app.
EVC codes change when you use the card at any point-of-sale machine, ATM, or use the app to manually change it. This means that the code changes when you tap or dip your card at a store, payment terminal, vending machine, etc… You can always choose when your card’s code changes/are always in control of when your card’s code changes.
Your EVC code does not change every time you use your EVC card. It only changes when you tap or dip your card in an in-person transaction. It does not change when you use your card to buy something online, over the phone, or through mail-order.
EVC protects your card information by making your security code (CVC/CVV) dynamic, rendering any compromised card data unusable with each change of the code. The code changes every time you physically use your card at a point-of-sale, ATM, or even via your bank's mobile app. That way, your card information is refreshed constantly, without you having to do anything different.
Use your EVC card like any other credit or debit card! Nothing changes about your buying experience. EVC works with any business -- online or in-store -- that takes standard credit & debit cards.
Reduce Chargebacks
Shoppers see fewer “rouge” agentic purchases leading to fewer complaints, claims, and chargebacks.
Reduce False Declines
Each agentic purchase is human-approved giving banks and merchants confidence in authorization.
Reduce Friction
Other verification methods require the transaction process to be interrupted by leaving the EMV ecosystem for a 3rd party. EVC keeps the entire transaction on EMV-rails.
Reduce Cart Abandonment
Agentic bots may stall if authorization takes too long, leading to cart abandonment. Increase transaction frequency with EVC.