The West-Michigan based cooperative CUSO, CU*Answers, is happy to announce that it has launched a new feature for credit card loans that offers the ability to have different card numbers assigned to the same loan.

Previously, credit cards on CU*BASE^® only allowed for one card number (PAN) to be shared for all joint owners and authorized users. This new enhancement will make for easy card reordering in the case of a lost card, and help a member retain access to their funds in the case of a fraud compromise.

“Utilizing this new feature will allow members to keep using the card in hand until the new one arrives or allow members who are on vacation to have one working card in the event that the other card is compromised. We have also learned that your card processing vendor might require this functionality if you are considering moving to EMV,” states Heather French, SettleMINT EFT Team Lead.

Heather is one of the SettleMINT Team members responsible for credit card and ATM/debit card conversions, as well as daily support for client and vendor inquiries. CU*Answers SettleMINT is the one stop location for all EFT related products including ATM/debit & credit cards, instant issue cards, bill pay, compromised card support, and shared branching. SettleMINT also offers consulting to help their credit union clients maximize their investment in EFT products and features.