CU*Answers recently announced that it has been working with several EFT vendors to assist credit unions in launching EMV debit cards. The distinguishing feature of EMV is that the consumer-payment application is resident in a secure chip—often referred to as a chip card or smart card—that is embedded in a plastic payment card. This provides the means for secure consumer payments.
CU*Answers SettleMINT Team 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.