Allied Payment and Malauzai sign first credit union to Picture Pay
17 July 2013 | 1151 views | 0
Source: Allied Payment
Allied Payment Network, a provider of online bill payment services to the financial industry, and Malauzai Software Inc., a provider of mobile banking SmartApps for community financial institutions, announced that Midwest-based 3Rivers Federal Credit Union ($750 million) is the first credit union in the country to launch its Picture PayTM mobile bill payment solution.
3Rivers has implemented the stand-alone Picture Pay solution developed by Allied and Malauzai Software and will offer Picture Pay as a separate mobile application in addition to its existing mobile banking app, enabling 3Rivers' members to easily and securely pay any bill by taking a picture of the bill with their mobile device. Through Picture Pay, once a member takes a picture of a bill with their smartphone, they simply enter the amount and payment date and the bill is paid.
3Rivers partnered with Allied to enhance its mobile banking platform to a well-rounded solution that increases convenience and capabilities for its members, and Allied's Picture Pay is a unique mobile bill pay offering that is also easy to use. Currently, 17 percent of 3Rivers' active checking account users utilize its mobile platforms.
"Mobile adoption continues to dramatically increase among our members, and the addition of mobile bill pay fills a void in our mobile platform that members have been requesting for quite some time," said Melissa Shaw, marketing communication manager for 3Rivers. "The addition of Picture Pay enables us to fulfill our members' need for a simple mobile bill pay solution, as well as increase mobile adoption and member satisfaction."
"3Rivers is at the forefront of technology and convenience among credit unions, and being the first credit union in the nation to offer Picture Pay technology further positions 3Rivers as a market leader and competitor against larger financial institutions," said Ralph Marcuccilli, president of Allied Payment Network. "With Picture Pay, 3Rivers' members now have the ability to pay their bills at any time, from any place, by simply snapping a picture of the bill."