Credit unions that participate in CO-OP Financial Services network will soon have access to more than two million point of sale terminals nationwide after the payments CUSO announced a deal with transaction processor First Data.

The deal means that holders of CO-OP Network debit cards will be able to use point of sale terminals the carry the STAR Network logo. STAR is a First Data subsidiary.

"CO-OP has considered offering PIN POS for many years, but only now have the right circumstances come together," said Stan Hollen, president/CEO of  CO-OP Financial Services. "In cooperation with First Data's STAR network, our business partner for nearly 30 years, CO-OP can provide our clients with unmatched national PIN POS coverage and value."

Continue Reading for Free

Register and gain access to:

  • Breaking credit union news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com
NOT FOR REPRINT

© 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.