Recent studies reveal the vast majority of card issuers, merchants and cardholders are not ready for EMV.
The implementation of EMV marks a golden opportunity to connect with members.
Processor says its prepaid offering the first of its kind.
Visa USA has reported that U.S. financial institutions have issued more than one million credit and debit cards that use information on embedded computer chips to validate transactions instead of magnetic stripe technology.
Chip-based smart cards offer opportunity for credit unions while smartphones take a lead in challenging plastic.