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
for Virtual Cards
No card? no problem.
(and no fraud)
The only dynamic CVV that never leaves the transaction, built on EMV-rails
Built for digital-first fintechs & issuers
Easy on-ramp for future physical cards
for Virtual Cards
No card? no problem. (and no fraud)
The only dynamic CVV that never leaves the transaction, built on EMV-rails
Built for digital-first fintechs & issuers
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
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
Fully On EMV-Rails
EVC is the only dCVC2/dCVV2 solution that stays in-transaction and within the EMV ecosystem, built on a unified platform that powers both virtual and physical cards.
Cost-Efficient
Fraud Prevention
Built with digital-first issuers in mind, EVC for virtual cards provides the security of dCVV/dCVC as a software solution.
Card-Ready
(When You Are)
Are physical cards featuring dCVV/dCVC on your roadmap? You’re already EVC-Ready for when the time is right.
EVC refreshes automatically when open your virtual card on your bank's mobile app, creating a new randomized CVV/CVC for use.
1
Your refreshed CVV/CVC number can now be used immediately for ecommerce and card-not-present transactions.
2
Think your virtual card data is compromised? Manually refresh your CVC/CVV anytime, by tapping a button on your mobile app.
3
EC for virtual cards practically eliminates ecommerce payment fraud by rendering stolen card data obsolete.
4
HOW IT WORKS
Transactions with EVC are not interrupted for verification
Other dCVV solutions are interrupted for verification
End-to-end EMV Rails
Single platform for virtual & physical cards
iOS & Android
Compatible with existing servers (HSMs)
Easily Extend to Physical Cards
EVC is easily extended to physical cards via the EVC micromodule. This state-of-the-art technology brings the digital experience on-card by embedding an ePaper display that shows a dynamic security code. Completely battery-free and eye-catching, more banks and fintechs are issuing EVC-Ready physical cards as differentiators in the physical payment space.
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.