Payments

03:19 PM
Connect Directly
RSS
E-Mail
50%
50%

Credit Union 24 Network Pilots Internet PIN

Credit Union 24 (Tallahassee, Fla.), a credit union-owned ATM and point-of-sale network, has entered into a pilot agreement with Acculynk (Atlanta) to provide the company's Internet PIN debit service, PaySecure, to its member credit unions.

PaySecure is a software-only service for PIN debit payments on the Internet. Consumers enter their PIN on PaySecure's graphical PIN-pad at the merchant checkout, and only need their existing debit card and PIN to use PaySecure. There are no hardware devices, passwords, enrollment or redirection to another website for payment. According to a release, the software provides an added layer of security to online debit transactions.

Credit Union 24 is the fourth EFT network to announce a pilot program with Acculynk. However, it is the only network solely devoted to credit unions. Also involved in PaySecure pilots are ACCEL/Exchange, PULSE and NYCE.

Comment  | 
Print  | 
More Insights
Register for Bank Systems & Technology Newsletters
White Papers
Current Issue
Bank Systems & Technology Dec. 2, 2014
BS&T's 2014 Elite 8 executives are leading their banks to success, whether it involves leveraging the cloud, modernizing core systems, or transforming into digital enterprises.
Slideshows
Video
Bank Systems & Technology Radio
Archived Audio Interviews
Join Bank Systems & Technology Associate Editor Bryan Yurcan, and guests Karen Massey and Jerry Silva from IDC Financial Insights, for a conversation about the firm's 11th annual FinTech rankings.