Contactless Payments and Digital Wallets

Space Age Credit Union is introducing tap-to-pay technology and enhanced digital wallet features to provide a faster, more secure checkout experience.

The Basics: Tap-to-Pay & Digital Wallets

• Tap-to-Pay Cards: These are debit or credit cards with built-in technology that allows you to pay by holding your card near a terminal instead of swiping or inserting.
• Digital Wallets: You can store your card information on a mobile device or smartwatch for fast, contactless payments in-store, online, or in-app.
• Compatibility: Space Age supports Apple Pay®, Google Pay™, and Samsung Pay®.
• Cost: This service is free; the credit union does not charge additional fees for digital wallet use.

Card Eligibility & Availability

• New Cards: All newly issued cards now feature full tap-to-pay capabilities.
• Existing Cards: Your current physical card will not have the "tap" feature until it is naturally re-issued upon expiration or replacement.
• Immediate Option: You can add your existing card to a digital wallet today to start making contactless payments immediately, even if your physical card isn't tap-enabled.
• Mandatory Reissue: Debit cards beginning with 4452 are being retired and do not support tap or digital wallet features. Active cards in this series will be automatically replaced with contactless-capable cards starting in mid-April.

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How to Use Contactless Payments

• Look for the Symbol: Seek out the contactless symbol at payment terminals.
• The Action: Hold your card or device within a few inches of the terminal.
• Confirmation: Wait for a beep, checkmark, or confirmation message to complete the transaction.
• Where to Pay: Accepted at most grocery stores, gas stations, restaurants, retail stores, transit systems, and some supported ATMs.
• Safety Net: You can still swipe or insert your card if a merchant does not support tap-to-pay. Occasionally, you may be asked for a PIN or to insert the card for security.

Security & Fraud Protection

• Tokenization: For digital wallets, your actual card number is never stored on your device or shared with merchants; a "digital token" is used instead.
• One-Time Codes: Every transaction uses EMV chip technology to generate a unique, one-time security code.
• Authentication: Digital wallet payments require verification via Face ID, fingerprints, or a passcode.
• Proximity: Cards must be within a few inches of the terminal, making unauthorized scanning highly unlikely.
• Zero Liability: You remain protected from fraud under VISA zero-liability policies.
• Theft Protection: If your mobile device is lost, you can remotely lock or erase it, or contact the credit union to disable the card.

They're Here!

Space Age has features, check them out!:

• New Card Designs: Fresh physical card designs, including in-house and instant-issue options. See our Image Library.
• Enhanced Controls: Robust card management tools integrated into internet and mobile banking.

Need Assistance? If you have questions or need to verify card eligibility, contact Space Age at 303-369-7666 or 800-666-6928.

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