Coast Capital Savings signs with VISA Desjardins

Coast Capital Savings, Canadas second largest credit union and VISA Desjardins, Canadian province Quebecs largest credit card issuer, have signed a partnership agreement making VISA Desjardins the exclusive supplier of credit cards to the members of Coast Capital Savings. The partnership agreement provides for credit cards displaying the names of Coast Capital Savings and Desjardins, including: a student and business card, VISA Classic, VISA Odyssey Gold and VISA Elegance Gold cards. This new line-up of cards will be offered to all members of the credit union. VISA Desjardins will also offer merchant payment solutions such as point of sale (POS) terminals to enable direct payment transactions by debit and credit card. In 2002, Coast Capital Savings merged with Surrey Metro Savings and as a result the merged organization had two different credit card suppliers. Coast asked both suppliers to submit a proposal to supply credit cards to the newly merged organization. Visa Desjardins was chosen as the credit unions new supplier. Its products and service standards aligned nicely to Coast Capital Savings, "How can we help you?", branding.