How Credit Unions Can Add POS and Payment Solutions for Business Members
A credit union adds point-of-sale and payment solutions by partnering with an established merchant services provider rather than building a programme internally. The institution selects a partner with an open platform range, integrates the merchant application into the business account opening workflow, trains commercial staff to spot the opportunity, and markets the offer to existing […]
Why Credit Unions Should Offer More Than Basic Merchant Services
A basic countertop terminal is no longer a merchant services programme. Business members now choose their financial partner partly on the operating software that comes with it, and a credit union offering only card acceptance is competing on rate against processors competing on the whole business. Offering full point-of-sale platforms changes three things at once: […]
