FOR IMMEDIATE RELEASE
Contact: Bill Prichard
Manager, P.R. & Corp. Comm.
CO-OP Financial Services
800.782.9042, ext. 3450
CO-OP FINANCIAL SERVICE INTRODUCES CO-OP BILL PAY
Online Bill Pay Line Stems from CO-OP’s Acquisition of eCom
RANCHO CUCAMONGA, Calif. (April 26, 2012) – CO-OP Financial Services is introducing CO-OP Bill Pay, the company’s first online bill pay product line for credit unions, featuring competitive pricing, superior service and product option flexibility.
“CO-OP Bill Pay is the result of our acquisition in January of Corporate Network eCom, LLC, enabling us to offer our clients a robust line of bill pay products right now,” said Stan Hollen, President/CEO of CO-OP Financial Services. “The new line is a perfect extension of our e-commerce solutions, and will help our clients compete even more effectively against banks in terms of access and convenience services they can offer their members.”
The line is backed by CO-OP’s eCom service organization, with 13 years of experience and providing support to more than 750,000 credit union members. In addition, with CO-OP Financial Services’ aggregation of client volume and processing the company can offer clients bill pay solutions at a far better price than that they could secure on their own.
CO-OP Bill Pay enables members to receive, view, manage and pay all of their bills when they log-on to their credit unions online banking site. The new product line is available in three versions to maximize the range of options credit unions can offer their members.
Features of the premium, fully-hosted version of CO-OP Bill Pay include:
· e-Bills. Credit unions can present electronic versions of members’ bill, allowing them to view and pay bills immediately.
· Expedited payments. This feature enables members to make same-day electronic payments.
· Person-to-Person (P2P) payments. Members can transfer money to anyone having a deposit account in the United States or send money instantly via PayPal.
· Alerts. Credit unions can send members email alerts regarding payments and other matters.
· Member access by mobile device.
CO-OP Bill Pay is available immediately. For more information, visit www.co-opfs.org or call 1-888-656-4050 to speak with a CO-OP Bill Pay representative.
About CO-OP Financial Services
Based in Rancho Cucamonga, Calif. and founded in 1981, CO-OP Financial Services is the industry leader in access and convenience products for credit unions. CO-OP connects credit union members to their accounts through network, payment processing, e-commerce, shared branching and call center services. With more than 3,500 credit union members, 30 million cardholders, 28,000 surcharge-free ATMs, 4,500 shared branch locations and more than two billion annual transactions, CO-OP Financial Services offers the tools, counsel and leadership to help credit unions prosper. To learn more, visit www.co-opfs.org.
Thu, April 26, 2012
by Bill Pritchard