Transferring Funds Person 2 Person Without the Hassle

Posted by Karl Kaluza on November 15, 2017 at 2:08 PM

 

The number of Person 2 Person (P2P) users is expected to rise to about 120 million by the year 2020. Companies like Venmo, Paypal, and Square Cash all offer your members the product they are looking for – the ability to pay anyone through their phone or email. Instead of missing out on these transactions, why not offer your members the ability to pay anyone, at any time through their trusted credit union?

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Topics: P2P, Transfer Funds

Check use is Decreasing but Remains a Staple for Payments in America

Posted by Cyndie Martini on November 9, 2017 at 12:24 PM

In today's world, owing a friend some cash isn't a big deal. There's Venmo, PayPal and peer-to-peer payment capabilities with mobile banking apps to help pay the debt.

 

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Topics: Payments

Money of the Future: Embracing Digital Payments

Posted by Karl Kaluza on November 7, 2017 at 2:36 PM

 

At the end of 2017, the number of smartphone users is estimated to reach 224.3 million in the United States alone (Statista). As more and more people embrace mobile, the number of digital payments is increasing making it essential for your credit union to offer this payment option to your members.

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Topics: e-payments

3 Major Card Processing Mistakes Credit Unions Need to Avoid

Posted by Karl Kaluza on November 6, 2017 at 10:00 AM

 

Selecting the right card processor for your credit union can be a daunting task. Not only do you have your members to think of, but you also have to choose a product that won’t end up being incredibly costly to the credit union.

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Topics: Card Processing

The Next Big Thing

Posted by Cyndie Martini on November 1, 2017 at 6:09 PM

The payments industry is exploding with new technologies and new entrants with companies you never thought would be in payments: Apple, Google, Amazon, Facebook and so on. It seems like every day there is a new upstart trying to break in, including Venmo, Bitcoin, Revel and Snapchat. This can leave credit union executives feeling vulnerable on many fronts. Not only are you left questioning the relevance of your current payment solutions at your credit union and in the movement, you also must worry about the risk these start-ups and even the big players pose to your membership.

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Topics: Payments

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Let our team of experts place the optimum in card products, credit and debit card processing technology at your finger tips. Contact one of our card specialists so we can learn more about your specific needs and devise a custom solution for your credit union. It's easy, and there's absolutely no obligation.

 

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