sfcu is offering CardValet®, a new card management and fraud mitigation tool for debit and credit cardholders. Cardholders simply download the free app from the Apple® App Store or Google® Play Store, and then they can actively manage their cards.
"With this new and powerful card management tool, our cardholders can set parameters for when, where and how their debit card is used," Keith May, VP Marketing said. "It's easy to turn 'off' their card from their smartphone, and then turn it back 'on' when they want to use it."
The on/off feature is only one of the safeguards available with CardValet. Using the GPS system in the smart phone, geographic use restrictions can be established. Other controls can restrict usage by merchant and spending limit. Real time alerts create another layer of fraud protection with notice that a transaction was attempted, declined, or both.
CardValet puts the control of debit and credit cards right into the cardholders' hands. Link more than one account to keep track of all cards in one easy-to-use application.
For more information, contact us at 877-642-7328