How to choose the right payment provider for credit unions

When looking for an outside payment provider, it makes sense to look inside your organization…at your core system.

Without knowing what type of integration your core system has with a specific payment processor, you’ll be unsure about the capabilities and functionality your systems have. And, if they do not talk to each other at all, more manual work is required on a daily basis.

Why integrate with your core?

There are various reasons to have a true integration with your payment processor. Not the least of which is efficiency. A tight integration will deliver real-time payment posting. So instead of pulling a batch file at the end of each day and loading it into your core manually, it will happen automatically. That way, your staff will see member payments show up immediately right in your core system.

 

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