CU*Answers, a cooperatively-owned CUSO, and Payveris, a next generation online mobile digital payments company, have partnered to provide a fully integrated online banking and payments experience to client credit unions and their members. The partnership leverages Payveris’ modular, API-driven digital payments platform and further strengthens CU*Answers’ member-focused online banking services suite.

As a part of its commitment to its clients, CU*Answers previously announced two promotional programs targeted for small- to medium-sized credit unions who are either not currently offering consumer bill pay services, or who currently have fewer than 150 bill pay subscribers and are anxious to take their bill pay service to a higher member participation level and at a significantly reduced cost.

The “Early Mover” promotion is targeted to CU*BASE® processed clients not currently offering electronic bill pay services today. CU*Answers will pay 50% of a qualifying credit union’s bill pay invoice for a three-year period to help them offer the service to members, if the credit union signs up for It’s Me 247 Bill Pay with transaction processing by Payveris. The program also includes the Xtend CUSO Call Center for performing outbound call and e-mail campaigns to entice members to join at significantly discounted Xtend rates.

CU*Answers said to date, it has now signed 115 credit unions to its Payveris bill pay offering, with over 40 of these credit unions having implemented one of these special financial program offerings. CU*Answers added that it expects to have all of these signed credit unions fully converted to the Payveris system by the end of 2016.