Cardholders can enroll in the new transaction alert service from the credit union’s website. Credit unions can select the alerts that are available to cardholders as well as the method: email, SMS text or both. The transaction alert contains critical information such as purchase amount, time and date of the transaction, as well as information relating to the merchant, such as name and location.
Alerts are triggered when the transaction meets certain criteria the account holder has selected and are delivered directly to the account holder via email, SMS text message or the Visa Mobile application. Visa’s transaction alerts allows consumers monitor their accounts for unusual activity and take action if they believe a potentially fraudulent transaction is taking place.
Members can elect to receive any or all of the following alerts: transaction declined; out of country or card-not-present transaction; gas station charges or transaction exceeding an amount set by the cardholder.
PSCU Financial Services is an US-based credit union service organization (CUSO) which serves more than 1,500 financial institutions nationwide.
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