A new white paper offered by Card Services for Credit Unionsurges CUs to review the way they process debit and credit cardtransactions with an eye toward both reducing costs on the debitside and increasing revenue on the credit side.

Card Services for Credit Unions is the association of creditunions that processes card transactions with FIS.

The paper, which CSCU commissioned from the First Annapolisfinancial consultancy, outlined three different approaches to cardprocessing and laid out the costs and benefits of each. The threeare full-service card processing, where the CU outsources most ofthe day- to-day work; self-administered card processing, where theCU and a processing vendor share responsibility for different partsof a program; and the pass-through option, where the CU handlesalmost all the  responsibilities.