CO-OP Financial Services announced Tuesday it has beendesignated by Visa as “an engaged issuer processor” for ApplePay.

It is the only CUSO to win the status that authorizes it toimmediately service the enrollment of credit unions in Apple Pay,according to the Rancho Cucamonga, Calif.-based CO-OP.

Other credit card processors involved with credit unionsgenerally go through an intermediary such as Atlanta-based FirstData rather than dealing with Visa directly in regard to Apple Pay.

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