By next month, persons who have credit cards from other financial institutions will be able to utilize the Barbados Public Workers’ Co-operative Credit Union Limited’s (BPWCCUL) ATMs.
Word of this came from Richard Kennedy, Chief Operations Officer of the BPWCCUL, as he addressed the media on the sidelines of the company’s 53rd anniversary church service at Sanctuary Empowerment Centre on Sunday.
Just under a year after the launch of their Mastercard Debit Card, Kennedy said this move would help the credit union become more integrated into the financial services network.
“Persons who have credit cards from other financial institutions whether locally, internationally or regionally will be able to come to our ATMs and be able to access their funds and it’s the direction the credit union is going to really step up our game and be one of the leading financial institutions in the Caribbean region,” he said.
As for its members, the operations officer outlined several measures aimed at improving the membership experience at the credit union, especially those under the age of 18.
“In the coming weeks, members will also be able to conduct real-time transfers via the credit union’s Co Optima App to other financial institutions and other credit unions. This is a game-changer because it allows our members to use the credit union as their primary financial services institution that’s offering a wider cross-section of services that you would typically only get within a bank,” he added.
While the rollout of the Mastercard Debit card has been about 65 per cent, Kennedy said it has still been a success and it will soon be rolling out card options for its large youth membership.
He, however, still urged members to activate their cards and update their membership details to be able to fully use the services and benefits the BPWCCUL has.