The 2,600 member credit unions of Card Services for CreditUnions can now offer MasterCard's digitalwallet service to their own members.
|The MasterPass service lets cardholders use any enabled mobiledevice—or the Web —to make one-touch payments at any retailer thataccepts MasterPass, CSCU said. “Our member credit unions willexperience increased transactions that come with a simplifieddigital shopping experience, while cardholders will enjoy itsconvenience, security and ease of use,” Kristi Mackey, CSCU'sassistant vice president of client services and product, said inthe announcement on Thursday.
|CSCU said member credit unions can offer digital wallet access throughtheir websites, where users can safely store card information, aswell as use other branded credit, debit and prepaid cards, to maketransactions.
|Tampa, Fla.-based CSCU is an association of credit unions thatprocesses payments on FIS platforms.
|Competing processors PSCU, CO-OP Financial Services and The Members Group beganoffering MasterPass earlier this year.
|Visa has its own digital wallet counterpart, V.me. Among itsadopters is the $54 billion Navy Federal Credit Union.
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