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Credit unions processing credit and debit card transactions with CO-OP Financial Services will soon be able to offer members the ability to better manage their card use and security, the payments CUSO announced today.

The tool, called CardNav, will allow cardholders to turn their credit and debit cards on and off, as well as limit or allow their use by location and spending limit, as well as by transaction and merchant type. Attempts to violate these parameters will generate real time text alerts to the cardholder, the CUSO said.

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