WATERLOO, Iowa–Veridian Credit Union is now issuing credit and debit cards enabled with radio-frequency identification (RFID) technology, allowing members to tap for payment wherever the technology is accepted.
Tapped transactions are protected with the same security as the card’s chip, using a unique code encryption for an added layer of protection against identity theft, Veridian said. The new contactless cards are also redesigned with the cardholder’s name and card number on the back of the card for added security.
“The contactless cards’ technology and design offer more convenience and security when making an in-person payment,” said Liz Seres, Veridian’s manager of card services. “With it, our members have more options, ease and peace of mind with every purchase.”
All newly issued Veridian debit and credit cards are now contactless. Payment terminals that accept tapped payments are marked with the universal symbol of four vertical, curved lines. Wherever the technology is not accepted, Veridian’s cards can still be swiped or inserted.