An executive with CO-OP Financial Services reported that the ATM, EFT and shared branching CUSO will begin offering credit card processing to its participating credit unions in 2010.
"I would say that [card processing] is on the 2010 horizon," said Jennifer Kerry, vice president for card services for CO-OP. Kerry said the CUSO was preparing to take this step because many of its participating credit unions had asked the CUSO to begin offering a card processing product.
When it launches, CO-OP credit card processing will enter an already crowded market for CU card processing, competing with FIS, PSCU Financial Services, The Members Group, TNB Card Services, PEMCO and TSYS.
Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.
Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
- Exclusive discounts on ALM and CU Times events.
- Access to other award-winning ALM websites including Law.com and GlobeSt.com.
Already have an account? Sign In
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
