After years of steadily holding back support for embedding smart chips into U.S. issued cards, the largest card brand has announced it will now back the use of smart card technology in the U.S.
PSCU Financial Services is now offering its 680 owner credit unions new plastic with EMV chip-and-PIN for overseas members.
Merchants who use chip-and-PIN at least 75% of time will be exempted from annual validation of PCI compliance by card company.
After years of steadily opposing embedding so-called smart chips in U.S.-issued cards, the largest card brand has reversed itself.
Wescom Resources Group is offering its credit union clients mobile person-to-person payment service from PayPal.
Wescom Credit Union CUSO now the latest credit union technology provider to offer integration with PayPal for person-to-person payments.
Pentagon Federal Credit Union, a card processing CUSO, and a leading CU card association are among the institutions cooperating with Visa Inc. in the launch of a new payments platform that promises to significantly change how payments are handled.
Fiserv Inc. and Visa Inc. have reached a deal that adds potentially billions of new users of the ZashPay person-to-person payment service.
Fiserv Inc. has added potentially billions of new users of its ZashPay person-to-person payment service through an agreement with Visa Inc.
Visa has announced a program that will exempt overseas merchants from card security requirements provided at least 75% of their point of sale terminals are able to read cards with an embedded computer chip to improve fraud protection.