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Novartis FCU Finds That Contactless Cards Can Boost Card Use

Credit or debit cards that don't need to be swiped are nothing new, but credit unions have generally been slower than larger financial institutions to issue them.

By David Morrison | Updated on August 04, 2009

Credit or debit cards that don’t need to be swiped are nothing new, but credit unions have generally been slower than larger financial institutions to issue them. PSCU Financial Services and the $120 million Novartis Federal Credit Union hope the credit union’s experience with contactless cards can help change that.

Novartis launched a contactless debit card program and reissued cards in May of 2008. The credit union reissued because of other card changes and asked PSCU to help it shift to the newer technology.

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