LEHI, Utah, & COLUMBUS, Ga.--(BUSINESS WIRE)--ProPay®, a TSYS® company, announced today that El Paso Area Teachers Federal Credit Union (TFCU) has selected ProPay’s LenderPayTM solution to help provide members with new loan payment options above and beyond mobile apps and online bill pay. Members can now use their preferred debit card, credit card or bank account to pay TFCU loans by responding to a text message, clicking an email hyperlink or simply tapping their smartphone. There is no mobile app to download and no online payment portal needed.
"As a society, we are glued to our mobile screens – and we love our debit cards,” said Dave Duncan, president of ProPay. “This generation demands the ability to conduct business anytime, anywhere and especially through their mobile devices. Enabling consumers to pay their loans with a single click from any device provides TFCU with a tremendous advantage in servicing their customers.”
"Our commitment to member convenience and turnkey technology is paramount,” said TFCU Manager, Laura Schaffino. “LenderPay seamlessly integrates with our core system and gives tech-savvy members the payment options they expect.”
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 loan payments with a minimal convenience fee.
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 El Paso Area Teachers Federal Credit Union
Founded in El Paso, Texas in 1936, El Paso Area Teachers Federal Credit Union (TFCU) currently has over $587 million in assets and over 57,000 members with nine locations throughout El Paso. Operated by the slogan “where people are worth more than money,” TFCU is a full-service, member-owned financial institution with nine locations throughout El Paso.
TFCU products include business services, convenience services, deposit accounts, loans, and youth accounts. TFCU’s website features online services such as online banking, mobile banking, bill pay, and more. Anyone who lives, works, or worships in El Paso can join TFCU. For more information, please visit tfcu.coop.
About TSYS
TSYS® (NYSE: TSS) unlocks opportunities in payments for payment providers, businesses and consumers. Our headquarters are in Columbus, Georgia, USA, and we operate in more than 80 countries with local offices across the Americas, EMEA and Asia-Pacific.
We provide seamless, secure and innovative solutions across the payments spectrum — from issuer processing and merchant acquiring to prepaid program management — delivered through partnership and expertise. We succeed because we put people, and their needs, at the heart of every decision. It’s an approach we call ‘People-Centered Payments®’.
Our industry is changing every day — and we’re leading the way towards the payments of tomorrow. We routinely post all important information on our website. For more, visit us at tsys.com.
