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Members increased demand for convenience and available funds have pushed many credit unions into offering Automated Teller Services.
Details
- The ATM/Debit Card Module was designed to meet this rapidly growing service.
- CompuSource's implementation team will work with your credit union and selected off-line network insuring a successful membership service.
- With the ATM/Debit Card Module, member transactions are sent daily from shared ATM networks or clearing houses.
- The ATM/Debit Card Module automatically receives EFT transactions, verifies totals for accuracy and then posts to the appropriate member account.
- Transaction fees and charges can be calculated on an individual account basis or on a member's complete account relationship.
- Full screen field editing permits you to adjust your program to market conditions, insuring a competitive and successful program.
- The ATM/Debit Card Module can send member balance files to the network for positive control of funds available to the member.
- Optionally, receipts can document all transfers and non-sufficient funds transactions adding another convenience to your operation.
Benefits
- Single or multiple card access
- CPU-to-CPU communication of CIF file expedites establishment of member accounts on network
- Positive Balance File transfer enhances control of member funds
- Automatic Overdraft Protection from Share, Club, or Loan Accounts
- Definable parameters permit exact pricing of transaction services
- Automatic reception, posting of all transactions
- Automatic member notes on all NSF and overdraft transfers
- Concurrent reception and posting of all EFT transactions
- User-friendly full screen editing of program parameters
- Field sensitive help
- Supports both positive and negative file transfers
- Regulation E compliance
Current ATM Networks Supported
- NYCE Network
- Cartel Network/ACS
- Bay Bank
- MAC (Philadelphia National Bank)
- Green Machine (OLCCU)
- Credit Union Qwikcash (TCUL)
- Credit Union 24 (EDS)
- The Exchange System
- Fiserve EFT System
- Deluxe Data System
- Star Bank
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- Midwest Payment Systems
- US Bank (Transfund)
- Norwest
- Intrieve
- Illinois Credit Union League
- PEMCO
- Certegy
- Diebold
- Shazam
- Intercept
- US Bank (Elan)
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Current Debit Card Networks Supported
- CSG/FCS
- PEMCO Corporation
- Equifax
- First Data Corporation
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