There’s no doubt the payments industry has grown significantly in the past few years and continues to accelerate. We’re excited for what’s on the horizon and plans we have in motion to bring you improved and speedier payment functionality.
And yes, first, let’s just clear the air around Android and Samsung Pay for debit cards. Although both are supported with your BECU credit card, we’re behind, we know it. And we feel your pain as we’ve continued to run into ongoing system constraints, processor agreement delays, and a bunch of other stuff we won’t bore you with here. But, we’re plugging along, promise.
Thanks for hanging in there with us; let’s talk about what’s coming in 2017!
For those of you who travel, we’re certain you’ll be happy to hear we’re eliminating the 1% fee on international purchases and ATM withdrawals on our debit cards. We’re curious if you already use your BECU debit card for travel, and does this change make you more likely to use your BECU debit card for international travel? We hope so, especially since we already eliminated the foreign transaction fees on the BECU credit card last year. Pack your bags, and bring your BECU debit and credit cards!
In other exciting news, we’re working through the details for real-time person to person payments, so no more waiting days for money to get moving! Do you use a service like Venmo, SquareCash, or PayPal currently? If a similar, even better service was offered through BECU available in the Mobile App and Online Banking (and for FREE we might add!), would you switch? If not, why not?
Lastly, we’re all about our BECU community so we’re very interested in building a way to reward our members who shop at our business members’ merchant locations. Would you be more willing to “shop local” within the BECU network of businesses if an incentive was provided to do so? If so, what types of incentives and for how much would encourage you?
We’re motivated to keep bringing you payments enhancements to suit your life, share your experiences below for how we can come along with you.