On 7 May 2015, RBI said with effect from September 1, 2015 all new cards issued - debit and credit, domestic and international - by banks shall be EMV chip and pin based cards. EMV stands for

• A. uropay, Mastro and Visa
• B. uropay, Master Card and Visa
• C. ntitlement of Master Card and Visa
• D. uro, Master Card and Visa