The 280 shareholding credit unions of CU24, a nationwide, credit-union owned POS and EFT network, will get their share of a $1 million patronage dividend, the company announced Aug. 25.
The credit union owned POS and ETF network adds to its total of $17.5M dividends paid back to owners since its inception.
Chip-and-PIN cards will work at retailer terminals.
This Opinion piece looks at using new payments tools while continuing service through mature distribution systems.
CU24, the credit union-owned ATM and payments CUSO headquartered in Tallahassee, Fla., has launched a service for outsourcing ATM management.
Credit Union 24 has shortened its name to CU24 but broadened its vision of what it can offer an already crowded payments market.