Temporary Instant Debit Cards
The Temporary Instant Debit Card service enables credit unions to instantly issue a secure non-personalized Visa or MasterCard debit card in-branch without investing in equipment and software.
Temporary card stock is pre-embossed with "Valued Member" or an alternate custom selection. The cardholder can select a 4-digit PIN. Branch personnel activate the temporary card, and the cardholder can begin using the PIN and card immediately. The permanent, personalized card is mailed directly to the cardholder.
Features & Benefits:
- Credit unions gain the ability to compete with larger financial institutions
- Provides access to member's account until permanent card is received in the mail
- Same functionality as the permanent card
- Convenient for new account card issuance
- Quickly and easily replaces lost/stolen or compromised cards
- Potential to increase activation rates and transaction volumes
- Immediate solution increases cardholder satisfaction
- No investment for in-branch hardware and software
- Economical, low-risk alternative to in-branch instant issue equipment
- Merchants have been accepting non-personalized prepaid cards for years; a temporary debit card is treated in a similar manner