Mountain America Credit Union Selects ProPay’s LenderPay Loan Payment Platform
June 02 2015 - 9:00AM
Business Wire
LenderPay™ empowers members with an innovative,
convenient way to make loan payments
ProPay®, a TSYS® company, announced today that Mountain America
Credit Union has selected ProPay’s LenderPayTM platform to offer
credit union members innovative loan payment options that go far
beyond traditional mobile apps and online bill pay. Members can use
their preferred debit card, credit card or bank account to pay
mortgages, auto loans and more by simply responding to a text
message, clicking an email hyperlink or tapping a button on their
smartphone. There is no mobile app to download or need to login to
an online payment portal.
“We all check our phones hundreds of times per day,” said Dave
Duncan, president of ProPay. “Millennials and Gen Y users demand
convenience from their financial institutions. Mountain America is
on the forefront of technology by adopting LenderPay and the first
to offer this level of service to their members. Other financial
institutions are lining up to implement LenderPay.”
“Our commitment to member convenience and cutting-edge
technology has never been stronger,” said Mountain America senior
vice president, Tony Rasmussen. “LenderPay seamlessly and easily
integrates with our core data system and gives tech-savvy users the
payment option they demand.”
ProPay provides services that minimize Payment Card Industry
Data Security Standard (PCI DSS) compliance requirements and are
designed exclusively for financial institutions that want to accept
electronic payments with no transaction fees.
About ProPay
Since 1997, ProPay has provided simple, secure and affordable
payment solutions for organizations ranging from small, home-based
entrepreneurships to multi-billion-dollar enterprises requiring
complex payment solutions. ProPay’s ProtectPay platform
provides software integrators, payment facilitators and SaaS
providers with all the tools necessary to easily implement payments
processing. As a leading provider of complete end-to-end payment
security solutions, ProPay helps reduce the client organization’s
risk of sensitive payment data compromise. ProPay is a wholly owned
subsidiary of TSYS (NYSE: TSS) and is a leader in payment data
security. For information, visit www.propay.com or call
888.227.9856.
About Mountain America Credit Union
Mountain America Credit Union has more than $4.4 billion in
assets and serves more than 520,000 members, wherever they are,
through online and mobile banking, 84 branches in five western
states and access to more than 30,000 ATMs and 5,000
shared-branching locations nationwide. With roots dating back to
the 1930s, Mountain America offers a variety of financial products
and services for consumers and businesses, including savings
accounts, auto loans, checking accounts, mortgage loans, business
checking, student loans, SBA loans and retirement options. Visit
http://www.macu.com for more information.
About TSYS
At TSYS, (NYSE: TSS), we believe payments should revolve around
people — not the other way around. We call this belief
People-Centered PaymentsSM. By putting people at the center of
every decision we make, TSYS supports financial institutions,
businesses and governments in more than 80 countries. Through
NetSpend, a TSYS Company, we empower consumers with the
convenience, security and freedom to be self-banked. TSYS offers
issuer services and merchant payment acceptance for credit, debit,
prepaid, healthcare and business solutions.
TSYS’ headquarters are located in Columbus, Georgia, with local
offices spread across the Americas, EMEA and Asia-Pacific. TSYS
provides services to more than half of the top 20 international
banks and has been named one of the 2015 World's Most Ethical
Companies by Ethisphere magazine. TSYS routinely posts all
important information on its website. For more please visit us at
www.tsys.com.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20150602005429/en/
TSYS Media RelationsCyle Mims,
+1-706-644-3110cylemims@tsys.comorTSYS Investor RelationsShawn
Roberts, +1-706-644-6081shawnroberts@tsys.comorProPayScott Nelson,
+1-801-341-5566scott.nelson@propay.comorProPayScott Sucher,
+1-801-341-5642scott.sucher@propay.com
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