Credit unions processing credit and debit card transactions withCO-OP Financial Services will soon be able to offer members theability to better manage their card use and security, the paymentsCUSO announced today.

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

CO-OP will introduce the new service in an Oct. 22 webinar.

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