Payrailz®, a leading digital payments firm offering engaging and advanced payment experiences to credit unions and banks across the U.S., has reportedly announced that the Unitus Community Credit Union is now a novel investor in CU Railz, with plans to initially implement smart payments platform of Payrailz for peer to peer payments to offer a much more a digital payment experience that is more engaging to its 100,000 plus members.

Building upon the newly improved digital banking platform, the union realized the need for a more improved digital payment experience. The leaders of Unitus Community Credit Union chose the smart payments platform of Payrailz to better fuel the company’s digital P2P efforts along while driving member-focused, full-service experience.

Scott Bell, CEO, Unitus, stated that with Payrailz, the firm would deliver a better digital member experience, further keeping up with its swiftly growing membership and keeping it competitive as a greater number of consumers move to digital platforms. 

CU Railz allows credit unions to effectively take their respective future in control by teaming up with Payrailz to create innovative, new technologies as well as services that would transform the payments experience. The Payrailz smart payments platform uses machine learning and artificial intelligence to learn the payment habits of members and make proactive and predictive suggestions based on these habits.

Fran Duggan, Payrailz CEO, stated that the firm is thrilled to be working with a renowned credit union which identifies not only the need of digital banking but also the significance of digital payments.

About Payrailz®:

Payrailz is a leading digital payments company providing advanced payment experiences and capabilities which includes B2C, B2B, P2P, novel account funding, internal & external transfers, and business and consumer bill pay and other essential solutions to credit unions and banks. The firm also generates smarter payment experiences that are more engaging and predictive in comparison to the presently available options for the financial services sector.

Source credit: https://www.businesswire.com/news/home/20201123005346/en/Unitus-Community-Credit-Union-Selects-Payrailz-to-Deliver-on-Digital-Payment-Vision-Invests-in-Payrailz-CUSO-CU-Railz%C2%AE