COLORADO SPRINGS, Colo.–CO-OP Financial Services will waive millions of dollars worth of EMV implementation and setup fees to help customers move to chip cards, the organization announced today after its annual shareholder meeting.

CO-OP will waive its $6,000 implementation fee for all in-house credit and debit processing credit unions, CO-OP executive vice president of markets and strategy Caroline Willard (pictured) said.

It will also waive its EMV plastics implementation fee and up to two BIN implementation fees for credit unions using CO-OP's generic card program.

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