How credit unions are speeding up merchant-funded rewards
As merchants seek alternatives to paying swipe fees associated with accepting credit cards, more are exploring incentives that are enabled by the shift to instant payments and open banking.
As merchants seek alternatives to paying swipe fees associated with accepting credit cards, more are exploring incentives that are enabled by the shift to instant payments and open banking.
From my experience as the founder of a tech company that partners directly with credit unions and banks, here are five questions banks can ask their tech vendors to avoid a potential hiccup.
Prizeout integrates with a CU’s mobile banking and online core, living as a button on its checking page. It connects a nationwide network of merchants—from big box stores to local businesses—to consumers where they are and provides additional value to the often-overlooked staple debit card.