CO-OP Financial Services has announced its long awaited entry into the market for credit card processing services.
The new program, which CO-OP has dubbed the CO-OP Credit Pass-Through Processing, will be available to credit unions in January 2011, CO-OP said.
"We're currently in beta-testing with several credit unions and haven't had any lack of credit unions who have raised their hands and said they would be interested in the service," said Caroline Lane, senior vice president for business development for the processing CUSO.
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