MECHANICSBURG, Penn. – Members 1st FCU has begun offering its International Visa Re-loadable Pre-Paid EMV Chip Card, for members visiting locations outside of the U.S., where the magstrip cards issued in the U.S. are sometimes inoperable.

The credit union said the new International VISA Re-loadable Pre-Paid EMV Chip Card delivers full debit card functionality at the point-of-sale, ATM access, cash advances, and may be used online. The card product is specifically designed for members who are working, traveling, living or studying in Canada, Europe, and other regions of the world where EMV Chip Card technology is the preferred method of payment.

The card features an embedded microchip that aids in reducing the chances of unexpected transactional inconveniences, such as transactions being denied or rejected because of lack of merchant training; the use of chip-only unattended subway and vending terminals; and the fact that some overseas merchants do not want to accept the magnetic stripe cards because of risk.

The EMV Chip Card also allows a member to travel without having to obtain foreign currency prior to the trip. The card can be used to make purchases at millions of Visa debit locations worldwide and to obtain cash at any VISA ATM worldwide.

“This step into EMV Chip Card technology has two objectives for us – first to serve our international traveling membership and ensure smooth transactional experiences abroad; and second to deliver greater levels of security and risk mitigation tools within our card programs, including our pre-paid programs and standard debit and credit cards,” explained Jim Heile, assistant vice president of card services at the $2-billion credit union. “While we are doing all that we can to protect our members from fraud, account security risks and identity theft, we don’t have control over what others are doing elsewhere. This puts that extra layer in place in addition to the added convenience when a member is outside the U.S. border.”


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