St. Petersburg, FL, Jan. 19, 2010 – Holiday storms combined with the perennial ease of mailing and convenience for both givers and recipients continued to drive increased sales of gift cards and reloadable cards, according to PSCU Financial Services. During 2009 the cooperative reported a 15% growth in sales of gift cards and a 52% sales gain for reloadable cards over the previous year.
St. Petersburg, FL, Jan. 5 – Despite the recession and turmoil in the financial markets, PSCU Financial Services posted 31% growth in processing net income and 9% growth in processing revenue for 2009. The nation’s largest CUSO also reached 1.1 billion in credit and debit card transactions for the first time—up by 17% since the end of 2008. The cooperative achieved 20% growth in debit and online bill payment transactions, with credit transactions up by 6%. Contact Center call volumes were up by 6%.
