Use mobile payments to scale your business for rapid growth! Credit unions are not at a disadvantage when it comes to attracting new members. On the contrary, they have many advantages over their larger counterparts. But there is one area where credit unions need to catch up: accepting mobile payments. More and more people are […]
Category Archives: Credit Unions/Financial Institutions
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, […]
Building Your Member Base in 2021 with Mobile Payments
The landscape for credit unions and other financial institutions has certainly changed over the past 5 years. In fact, we took a survey back in 2016, asking credit unions their most preferred form of payment, with 68.2% responding that over the phone through a staff member as their number one choice. While this kind of […]
How Credit Unions Can Strengthen Their Member Relationships in 2021
While COVID-19 has deeply impacted many credit unions, many more saw an opportunity to work with their members to ensure they had everything they needed to get through the pandemic. The same can’t be said of some of the more popular banks, like Wells Fargo. After signing the $900-billion pandemic relief package over the weekend, […]
The Credit Union’s Guide to Mobile and Online Payments
Advance your credit union payment processing strategy today! These days, consumers have more choices than ever before when it comes to financial service providers. That’s why a successful digital strategy is critical if you want to rise above the competition during this pandemic. By helping consumers recognize the benefits of choosing your organization, you can […]
PCI Compliance, Why Credit Unions Need to Annually Review Their Compliance
The nature of a credit union is to hold and secure sensitive information. For that very reason, many companies choose to partner with payment providers because they need someone to help them meet the highest compliance and security levels to keep their customer’s banking information safe. At BillingTree, we take security very seriously and comply […]
Credit Unions Rise to the Occasion: How Your Business Can do the Same
While so many businesses have been focusing their energies on fighting change, many credit union CEOs are beginning to look to the future. By embracing new developments during this epidemic, these industry leaders are finding new ways to reach their customers safely and securely. The key is developing a robust digital strategy. The fast, seamless […]
The Future of Payment Processing for Credit Unions
Step into the future of credit union payment processing! It wouldn’t be an understatement to say that the landscape of credit unions has shifted drastically since the COVID-19 epidemic first occurred. Many businesses have failed to grasp the significance of their situation and, as a result, were forced to close their doors. It seems that […]
Why Credit Unions Need IVR
IVR and Credit Unions, the Perfect Combination to Help Revive the Economy! Credits unions are the key to helping small businesses recover after the COVID-19 crisis has ended. Many of these businesses will be looking at these organizations for financial support. You need the technology to help you keep pace with the demand. Interactive Voice […]
Payment Processing Trends to Give Financial Institutions an Advantage Post-COVID
Financial institutions can help make our community strong. Almost no business has come out unscathed by the COVID-19 pandemic. However, every dark cloud has a silver lining. With every defeat comes an insight into a business’s weaknesses and strengths. Many companies, for that reason, are doing some self-reflection and seeing what they can stand to […]