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PSCU Financial online billing boasts one million subscribers
ST. PETERSBURG, Fla. (3/17/10)--PSCU Financial Services’ PayLynx bill pay platform has one million subscribers. The platform achieved a 22% annual growth in subscribers and a 20% jump in transactions for 2009. About 20 credit unions converted to the platform in the past year, the company said. “This program is part of our consolidated eCommerce suite that is setting a new standard of growth for our cooperative and member credit unions,” said David J. Serlo, PSCU Financial Services president. “We have seen continued growth in [the platform’s] adoption among our members.” PayLynx provides one central payment center to manage all bill payments and e-mail notifications with statement availability, summary information and a secure link to the bill pay site. Reminders notify subscribers when a bill needs to be scheduled or has been paid. The program also protects subscribers against unauthorized transactions or processing delays, said PSCU Financial Services. It reimburses subscribers for any late payment-related charges, up to $50, if a payment arrives after its scheduled due date. PSCU Financial Services, St. Petersburg, Fla., is a credit union service organization.


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