Apple Pay™ and Chip Cards Coming Soon to EECU
We always appreciate hearing from our members, because it helps us to improve upon the services that we offer. We have several projects underway to further enhance your experience with EECU and to help protect the security of your account information. To answer a few of the questions we have received from members, we wanted to share an update on two projects that are currently underway.
When is Apple Pay™ coming to EECU?
Pending Apple’s approval, we hope to introduce Apple Pay™ to our members within the next few months. We are excited to offer this service to our many iPhone 6 users who we know share our enthusiasm.
When Apple Pay™ was first launched, only a select few larger financial institutions were part of the initial release. EECU is included in a small group of other financial institutions that will begin the process of fully testing Apple Pay™ with our systems in preparation for making it available to our members in the next few months.
For more information about Apple Pay™, visit https://www.apple.com/iphone-6/apple-pay/.
When will EECU begin issuing chip cards?
At EECU, we’re constantly looking for ways to enhance our credit cards. To provide you with greater flexibility and enhanced security, we are working to offer chip cards for our Catalyst MasterCard® with cash rewards, World MasterCard® and business credit card beginning mid-July while our Platinum Plus MasterCard® will be available within the September–October 2015 time frame.
Over the next year, more merchants will begin installing chip-enabled terminals. The embedded chip in our new cards will enhance card security, giving you peace of mind when you use your card at chip-enabled terminals.
Once our new cards are issued, using your card at the chip-enabled terminals will be easy. Simply insert your chip card and sign to authorize the transaction. For merchants who are not yet equipped with chip-enabled terminals, swipe the magnetic strip and sign your name as usual. When making transactions over the phone or online, nothing changes. Simply provide your credit card number, and complete the transaction as you do today.
While we’re working on enhancing the security of your cards, rest assured knowing that you have the benefit of MasterCard’s® Zero Liability for unauthorized transactions on your EECU credit or debit cards.
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