Summary: In today’s world there are numerous banking options for people to choose from. This is why it is essential for credit unions to create value for their members to remain competitive and stand out from the crowd.
Most financial institutions offer the usual products and services – checking accounts, loan products, credit cards, etc. While it is important to offer these types of products and services, it is also important for credit unions to create value for their members by providing products and services that go above and beyond their members’ wants and needs.
Member Access Pacific (MAP) offers a suite of services specifically designed for credit unions that your members will love. From loyalty reward programs to cutting-edge technology, MAP will give your credit union a competitive advantage from other financial institutions.
Credit and Debit Cards
In the United States alone, trillions of dollars in card transactions take place every year. Whether it is a debit or credit card, people love the convenience of using a card to purchase items. This is why offering a strong card program with benefits is vital to the success of your credit union’s portfolio.
MAP offers Visa credit and debit card products for credit unions. In addition to key benefits like Visa Signature Concierge, Zero Liability, and Visa Signature Shopping, we also offer a Loyalty Rewards Program. Your members are searching for a card with not only a great rate, but also rewards. In fact, 86 percent of credit card users in the U.S. said their card offers a rewards program. This is why investing in a loyalty rewards program will strengthen your credit union’s reward program as well as increase your card portfolio.
Security and Fraud Prevention
Another way to create value for your members is by offering the latest in fraud prevention and security. Not only does fraud affect your bottom line, but it also negatively impacts the trust you have worked to build with your membership.
MAP’s Risk Management and Fraud Detection services will help give your members peace of mind when using your products. Some of the products in our fraud detection suite include Falcon Fraud Manager, Real-Time Decisioning, Advanced Authorization and Verified by Visa. By using these services, your credit union can help reduce and prevent fraud losses.
Banking is a 24/7 activity so providing your members access to their accounts anytime, anywhere also creates value. MAP’s mobile app allows users to access their accounts, pay bills and transfer funds all from the convenience of their smartphone.
If you are ready to bring value, increase your bottom line and attract new members, contact MAP today to learn more.