SHAZAM ANNOUNCES NEW CREDIT CARD PROGRAM

 

SHAZAM ANNOUNCES NEW CREDIT CARD PROGRAM

Community financial institutions have new option for credit card services

SHAZAM's new credit card program is configured to pass 100 percent of the direct revenue through to the financial institution, including interest, interchange and cardholder fees.

“By expanding our services to include a credit card program, SHAZAM’s rounded out its full-service suite of debit and credit solutions to community banks and credit unions,” said David Grace, SHAZAM’s senior vice president of business development. “Our credit card service allows community financial institutions flexibility to create a program that best fits their needs,” he said.

SHAZAM’s new offering includes Visa and Mastercard cards, as well as a choice of cash back or points-based rewards. Both consumer and small business options are available. The card products are EMV capable, mobile enabled and include real-time scoring fraud detection.

“SHAZAM offers a full suite of products today, including core, debit, ATM, merchant and marketing solutions,” said Grace. “By adding a credit card product, we’re able to offer a solution that complements and expands the services community financial institutions need to service their customers.”

Additional information about SHAZAM Credit Card Services can be found at shazam.net.

About SHAZAM

SHAZAM is a national member-owned debit network, processor and core provider. Founded in 1976, SHAZAM delivers choice and flexibility to community financial institutions throughout the U.S. and is a single-source provider of the following services: credit card, debit card, core, fraud, ATM, merchant, marketing, training, risk and ACH. Learn more at shazam.net and follow @SHAZAMNetwork.