As EMV heads toward full migration, Des Moines, Iowa-based payments processor TMG launched the availability of instant-issue EMV chip cards for its clients including a credit union that serves Disney employees.
Following the conclusion of a successful pilot program with several financial-institution card issuers, TMG created a launch kit, detailing the specific needs, policies and procedures of each partner's program.
The service allows TMG's credit union and community bank partners to place EMV-enabled plastic cards into the hands of consumers immediately upon approval of their debit and credit accounts. TMG said client demand increased more than 175% since the launch of EMV instant issue.
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Roy Urrico
Roy W. Urrico specializes in articles about financial technology and services for Credit Union Times, as well as ghostwriting, copywriting, and case studies. Also: writer/editor of a semi-annual newsletter for Association for Financial Technology since 1997 and history projects funded by the U.S Interior Department, National Park Service and Warren County (N.Y.).
