Vancouver, Canada – August 15, 2017 – Payfirma, a leading payment processing company in Canada, announced today a new strategic partnership to provide a full suite of omnichannel credit and debit card processing to Interior Savings Credit Union business members.
Along with payment processing, Payfirma will provide their recently released white label version of the company’s cloud-based payments platform, PayHQ, to Interior Savings members.
“Interior Savings’ deployment of PayHQ is a perfect example of a collaborative outcome between a financial institution and a fintech company,” said Michael Gokturk, CEO of Payfirma. “This partnership epitomizes the advantages of such joint efforts: we grow our customer base, Interior Savings deepens their customer relationships, and our mutual customers grow their revenue through our market-leading payment processing platform.”
Members will be able to accept payments any way their customers want to pay, and access real-time transaction data and reports. As part of Payfirma’s master agreement with Central 1, Interior Savings members will also enjoy preferred member pricing.
Founded in 1939, Interior Savings is the largest credit union based in the Interior of British Columbia and serves members from Osoyoos to Clearwater. The credit union represents nearly 70,000 members, 21 branches, and $2.4 billion in assets.
“Payfirma’s innovative technology and best-in-class support have made this partnership an easy decision,” said Kathy Conway, CEO of Interior Savings. “We wanted to find a reliable solution that offered the most convenience for our members at a reasonable rate – and we found that and more with Payfirma.”
For more information about Interior Savings Credit Union, visit interiorsavings.com. For more information about Payfirma’s payment processing solutions for financial institutions, please visit payfirma.com/partners/financial-institutions
About Interior Savings Credit Union
Interior Savings is a member-owned, democratically-controlled credit union dedicated to creating local money while helping to build vibrant communities. Through its 21 branches, 16 insurance offices, Member Service Centre, and two Commercial Services Centres, the Credit Union offers personal and commercial banking and a full range of insurance and wealth management services to more than 70,000 members across 14 communities. In the past 15 years, Interior Savings has returned over $50 million to members through its Member Rewards Program and invested nearly $8 million in support of community programs.
Payfirma is an award-winning payments company providing powerful payments technology for credit unions, banks, and other financial institutions across North America from one single source. We help our financial institution partners with innovative payments technology, increased revenue, and dedicated support that our partners and their members can count on. Visit us at payfirma.com or follow us on Twitter, Facebook, and LinkedIn.
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