REPAY

REPAY – an innovative, full-service payment technology and processing provider for credit unions. REPAY’s payment technology is intended to help credit unions increase member satisfaction and enhance their experience by offering a variety of secure payment services, including making loan payments from any outside financial institution while utilizing any credit/debit card.

CU*Answers has developed a daily file upload process to REPAY, including various member loan information to facilitate CU*BASE clients being able to offer this solution. A separate payments file transmission is then received back daily and posted directly to the individual loan account accordingly, eliminating the need for a separate manual post process.