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Mobile Payments? State Employees’ Credit Union Says Yes and Members Respond

RALEIGH, N.C., Feb. 29, 2016 (GLOBE NEWSWIRE) -- Members requested it and State Employees’ Credit Union (SECU) answered, recently making mobile payments available for its debit and credit cardholders. With a simple click or tap of an Apple, Samsung or Android device, members can make secure purchases at any participating merchant. With Apple Pay™, Samsung Pay™ and Android Pay™, a credit or debit card is added to a member’s “mobile wallet,” replacing the card number with a unique and secure 16-digit token. In the first few weeks of availability, SECU noted nearly 14,000 active tokens for Credit Union cards, with more than 54,000 transactions processed amounting to $344,000 in total sales!

“Mobile payments are not new to the financial industry, but as a trusted financial services provider, it was important for SECU to do our homework and feel confident in the safety and security of the service prior to launching it to our membership,” said Leanne Phelps, SECU’s Senior Vice President of Card Services. “User feedback has been extremely positive and we are pleased that members are excited to have this payment option available.”

Durham member Adam Josey uses Apple Pay and noted, “I enjoy using my SECU card with Apple wallet. The enrollment process was easy and I appreciate the security verification feature with the Credit Union. I feel better knowing that measures are in place for me to securely add my card to the phone.”

In addition to the three options already noted, SECU also offers Visa® Checkout for online payments. SECU members interested in enrolling can visit www.ncsecu.org for step-by-step instructions for all mobile platforms. A video tutorial is also available, which provides an example of enrolling and using an iPhone to complete a transaction.

About SECU

A not-for-profit financial cooperative owned by its members, SECU has been providing employees of the State of North Carolina and their families with consumer financial services for nearly 79 years. The Credit Union also offers a diversified line of financial advisory services including retirement and education planning, tax preparation, insurance, trust and estate planning services, and investments through its partners and affiliated entities. SECU serves 2 million members through 255 branch offices, over 1,100 ATMs, 24/7 Contact Centers and a website, www.ncsecu.org.

Contact: Leigh Brady, EVP – Organizational Development Office: 919-807-8347 | leigh.brady@ncsecu.org

Source:State Employees' Credit Union(SECU)