VANCOUVER, Canada – May 17, 2017 – Your Neighbourhood Credit Union (YNCU), which represents 57,000 members and approximately $1.7 billion in assets, announced a strategic partnership with Payfirma to add omnichannel payment processing technology to YNCU’s financial services offerings.
Starting June 7, 2017, YNCU will offer all members a completely white labelled version of Payfirma’s industry-leading payments platform (YNCU PayHQ), including 7 different ways to accept payments, plus 24/7 dedicated support. And as part of Payfirma’s master agreement with Central 1, YNCU members will also enjoy preferred member pricing.
“YNCU’s forward thinking vision goes hand-in-hand with Payfirma’s market leading payment technology,” said Michael Gokturk, CEO of Payfirma. “This partnership is another great example of fintechs and financial institutions collaborating to bring about a better, more holistic experience for customers.”
YNCU serves members all over the southwestern Ontario region and strengthened their organization by amalgamating with Community First Credit Union last year.
“After careful deliberation, we selected Payfirma as our payment processing partner to help us offer flexible and innovative products and services to our members,” said Kerry Hadad, CEO of YNCU. “Payfirma simplified the payment process and created a seamless experience for our members.”
For more information about Your Neighbourhood Credit Union, visit www.yncu.com. For more information about Payfirma’s payment processing solutions for financial institutions, please visit www.payfirma.com.
ABOUT YOUR NEIGHBOURHOOD CREDIT UNION AND COMMUNITY FIRST, A DIVISION OF YOUR NEIGHBOURHOOD CREDIT UNION
Your Neighbourhood Credit Union is a full-service credit union open to everyone living in the province of Ontario. Your Neighbourhood Credit Union offers a full range of financial products and services for personal, business banking, and wealth management. In 2016, Your Neighbourhood Credit Union merged with Community First Credit Union, with Community First operating as a division of Your Neighbourhood Credit Union Limited.
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 www.payfirma.com or follow us on Twitter, Facebook, and LinkedIn.
Payfirma Media Contact
YNCU Media Contact
Director, Commercial Services
Your Neighbourhood Credit Union