The bank said that the new microchip-embedded credit cards include the traditional magnetic stripe as well as EMV chip technology.
The chip-embedded credit card contains the information needed to use the card for payment, with various security features.
The bank is testing the EMV technology with its 15,000 customers, who travel internationally.
Wells Fargo Consumer Credit Card vice president of product development Eric Schindewolf said that many parts of the world have adopted chip-enabled payment cards as a primary means of authentication, which has been problematic for customers who travel abroad and were unable to use their credit card.
"By combining traditional magnetic stripe along with the EMV chip technology, we hope our customers will have the convenience to use their credit card no matter where they are in the world," Schindewolf said.
German technology firm Giesecke & Devrient (G&D) is supporting the Visa and Wells Fargo in this pioneering project, with EMV cards, personalization and fulfillment services.
