Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

Products
Mass issuance campaign for contactless debit cards launched
ST. PETERSBURG, Fla. (1/29/09)--A mass issuance campaign by PSCU Financial Services seeks to boost credit unions’ use of contactless debit cards. Credit unions that register for the product by June 30 can participate in promotional activities associated with the campaign. There is no minimum number of cards that must be ordered by Dec. 31. Both MasterCard and Visa debit cards are included, PSCU Financial said. “Contactless cards are a valuable tool for acquiring and retaining members and creating greater activation rates,” said David J. Serlo, PSCU Financial Services president/CEO. Spending on contactless payments is expected to exceed $800 million by 2011, according to ABI Research. Contactless terminals are available in fast food restaurants, gas stations, airports, train stations and major hotels, PSCU Financial said. PSCU Financial is a credit union service organization based in St. Petersburg, Fla., that serves 1,100 financial institutions nationwide.


RSS print
News Now LiveWire
USFCU, Minn., hosts small business networking night. http://t.co/CBFHpJTFZe
5 hours ago
Number of @CUNA-certified fin. counselors hits 2,175 http://t.co/3fQGcdxyLO
6 hours ago
Jobless claims drop by 19,000 this week #Market #NewsNow http://t.co/LSqaYCsmX4
6 hours ago
#RBC draws letters from @SenatorBegich, @SenShelby to @TheNCUA See #NewsNow http://t.co/JvLBwkHwxF
8 hours ago
It's #summercamp with a financial literacy, #creditunion twist http://t.co/5eaps9ZoVB
9 hours ago