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Mountain America Credit Union Selects ProPay’s LenderPay Loan Payment Platform

Business Wire
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ProPay(R), a TSYS(R) company, announced today that Mountain America Credit Union has selected ProPay’s LenderPayTM platform to offer credit union members innovative loan payment options that go far beyond traditional mobile apps and online bill pay. Members can use their preferred debit card, credit card or bank account to pay mortgages, auto loans and more by simply responding to a text message, clicking an email hyperlink or tapping a button on their smartphone. There is no mobile app to download or need to login to an online payment portal.

“We all check our phones hundreds of times per day,” said Dave Duncan, president of ProPay. “Millennials and Gen Y users demand convenience from their financial institutions. Mountain America is on the forefront of technology by adopting LenderPay and the first to offer this level of service to their members. Other financial institutions are lining up to implement LenderPay.”

“Our commitment to member convenience and cutting-edge technology has never been stronger,” said Mountain America senior vice president, Tony Rasmussen. “LenderPay seamlessly and easily integrates with our core data system and gives tech-savvy users the payment option they demand.”

ProPay provides services that minimize Payment Card Industry Data Security Standard (PCI DSS) compliance requirements and are designed exclusively for financial institutions that want to accept electronic payments with no transaction fees.

About ProPay

Since 1997, ProPay has provided simple, secure and affordable payment solutions for organizations ranging from small, home-based entrepreneurships to multi-billion-dollar enterprises requiring complex payment solutions. ProPay’s ProtectPay platform provides software integrators, payment facilitators and SaaS providers with all the tools necessary to easily implement payments processing. As a leading provider of complete end-to-end payment security solutions, ProPay helps reduce the client organization’s risk of sensitive payment data compromise. ProPay is a wholly owned subsidiary of TSYS (NYSE:TSS) and is a leader in payment data security. For information, visit www.propay.com or call 888.227.9856.

About Mountain America Credit Union

Mountain America Credit Union has more than $4.4 billion in assets and serves more than 520,000 members, wherever they are, through online and mobile banking, 84 branches in five western states and access to more than 30,000 ATMs and 5,000 shared-branching locations nationwide. With roots dating back to the 1930s, Mountain America offers a variety of financial products and services for consumers and businesses, including savings accounts, auto loans, checking accounts, mortgage loans, business checking, student loans, SBA loans and retirement options. Visit http://www.macu.com for more information.

About TSYS

At TSYS, (NYSE:TSS) , we believe payments should revolve around people – not the other way around. We call this belief People-Centered PaymentsSM. By putting people at the center of every decision we make, TSYS supports financial institutions, businesses and governments in more than 80 countries. Through NetSpend, a TSYS Company, we empower consumers with the convenience, security and freedom to be self-banked. TSYS offers issuer services and merchant payment acceptance for credit, debit, prepaid, healthcare and business solutions.

TSYS’ headquarters are located in Columbus, Georgia, with local offices spread across the Americas, EMEA and Asia-Pacific. TSYS provides services to more than half of the top 20 international banks and has been named one of the 2015 World’s Most Ethical Companies by Ethisphere magazine. TSYS routinely posts all important information on its website. For more please visit us at www.tsys.com.

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