EMV chip cards firm CPI Card Group has renewed its agreement to continue payment card manufacturing for PSCU. PCSU is a premier payments credit union service organisation (CUSO) in the US.
Furthermore, PSCU delivers a range of payment solutions to approximately 900 credit unions across the country.
CPI has been catering to PSCU’s payment card needs for 15 years and also helped in the migration to credit, debit and prepaid EMV cards.
Under the expanded alliance, CPI will leverage its expertise in dual interface cards to support PSCU in preparing its owner credit unions for the anticipated surge in contactless card payments.
CPI senior vice-president and general manager of Secure Card Solutions Jason Bohrer said: “Our long-standing relationship with PSCU is a testament to a shared commitment to service excellence, and a deep understanding of our clients’ needs.
“We are pleased to continue serving as PSCU’s primary payment card manufacturer and look forward to making it possible for PSCU to equip credit unions with solutions to keep pace with an evolving payments landscape.”
In addition, PSCU vice-president of product management Jeremiah Lotz added: “PSCU has a history of being fast to market with emerging technologies and is dedicated to evolving its model and making strategic investments to meet the changing needs of credit unions and their members.
“CPI enables us to continue leading the charge in bringing innovation to the credit union market. With new trends like contactless payments on the horizon, this relationship will be pivotal in enhancing our Owners’ readiness.”