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GreenState introduces contactless cards

GreenState Credit Union is one of the first issuers of contactless credit cards in Iowa, the credit union recently announced.

All new and reissued GreenState credit cards now include this feature. It will go into effect for debit cards in August.

“In this time of heightened sensitivity to COVID and information security, contactless card technology is another tool to keep people safe,” said CEO Jeff Disterhoft. “Merchants across the nation are rapidly upgrading their card readers to accept this new way of transacting business.”

Contactless cards use radio-frequency identification (RFID) technology to allow the user to simply hold the card near the card reader to process the transaction. There is no need to insert or swipe. If the store does not have a contactless reader, the member can use the conventional methods to process the transaction.

Just look for the four curved lines on the card reader (the same symbol on the card) to see if it accepts the contactless method. When you hold your card to the reader, it securely authenticates your card information. Then the merchant’s point of sale system sends the transaction to the card issuer. The issuer then analyzes the transaction before approving it. The process takes about 2 seconds.

For more information on contactless cards or to find contactless merchants near you visit www.greenstate.org/contactless.

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