Jax CU, Sponsor Partner on Smart Badge
JACKSONVILLE, Fla. — The $83-million JM Associates FCU has partnered with sponsor JM Family Enterprises, Inc., to create “Smart Badge,” a new payment process of the company that uses smart-chip technology.
Employees will be able to use the Smart Badge to make purchases in the company’s on-site cafes and hair and nail salon with their identification security badges. JM Family Enterprises employees can fund their Smart Badge, which also acts as an identification badge, using cash deposits, online funds transfers and automatic deductions from payroll. There are no transaction fees.