CO-OP To Waive $9.1 Million in EMV Fees
CO-OP Financial Services is truly living up to its name by announcing that it will waive millions of dollars in EMV implementation and set-up fees in order to help credit unions move to chip cards. CO-OP says that it will waive its $6,000 implementation for all in-house credit and debit card processing credit unions, and waive the EMV plastics implementation fee and up to two BIN implementation fees for credit unions that use CO-OP’s generic card program. [5/8/15]