FARMINGTON HILLS, Mich. – Community Choice CU on Thursday said its signed with Jack Henry & Associates to implement iPay Technologies’ Biz 2.0 small business online bill pay platform.
The company said Biz 2.0 offers payments capabilities designed specifically for small businesses that are not traditionally part of consumer online bill pay solutions. These features include customizable user entitlements, accounts payable and accounts receivables functions, electronic invoicing, custom audit reports, and person-to-person (P2P) payments, all accessed through a single sign-on solution that is integrated with online banking platforms.
iPay said its Biz 2.0 is nimble enough for businesses with monthly transactions ranging from 10 to several thousand. Post implementation, iPay offers each financial institution comprehensive training and marketing support to help optimize end-user awareness and maximize adoption. For Biz 2.0, the company said this also means helping Community Choice Credit Union and other clients identify businesses using traditional consumer bill pay solutions that would realize greater material benefits by transitioning to the small business solution. iPay backs its payment solutions with a full service call center, branded for each credit union or bank client, to facilitate all frontline member/customer support.
