CSI waives fees to enable contactless P2P transactions
Computer Services Inc. is enabling community banks to provide contactless, person-to-mobile payments to their customers through its SPIN P2P app during the COVID-19 pandemic. CSI is waiving all monthly service and transaction fees through June 30, 2020, for new banks not using the platform, according to a company press release.
CSI's digital banking platform enables users to send real-time payments to any domestic Visa or Mastercard debit cardholder. All card information is fully encrypted to ensure security and
"We want to ensure all of our community bank partners can deliver a payment alternative to their digital banking customers that helps keep them safe during the COVID-19 outbreak," said David Culbertson, CSI's president and COO.