Co-op Pay Network Formed

A credit union service organization—Co-op Solutions—is offering its clients membership in the newly formed Co-op Pay Network, a program designed to lower network fees that credit unions pay and optimize the interchange fees they earn on debit card transactions made at both POS terminals and ATMs. The new network will not create a consumer-facing brand, so no cards will have to be reissued. It will operate on the Fiserv-owned Star Network, which provides access to more than one million POS and ATM locations in the US. Credit unions could choose to drop the Star logo from their cards. Co-op...

Want to read more?

Please log into your subscriber account.

Check out our subscription offers.
New subscribers receive over 130 articles in the 22 issues published each year, plus the last five years of issues (that’s over 1,200 articles) as a download link, which are fully searchable in PDF format.

© Copyright 2024 Nilson Report


March 2023
Headlines in this Issue
Charts in this Issue

Top US Merchant Acquirers—Ranked by Transactions in 2022

Mastercard/Visa Share of Purchase Volume at Top US Acquirers

Top 20 US Merchants—Ranked by Purchase Volume

Top 20 US Merchants—Ranked by Purchase Transactions

Largest Merchant Acquirers in the US—Ranked by Mastercard/Visa Volume

Top US Card-Not-Present (CNP) Acquiring

Consumer ACH Transactions–2022

Publicly Traded Companies in Payments