First CU Adds iPay's Expedited ElectronicBill Payments

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CHANDLER, Ariz. - (04/25/06) -- First CU said it has implementediPay Technologies' expedited bill payment services which enablesnext day payment for urgent bills, like mortgage payments,insurance premiums, or credit cards, that carry significantpenalties. The expedited payment service is priced lower than latepayment fees or next-day air packages or delivery services, whichare often the only way to ensure that an urgent payment will arriveon time. The $500 million credit union said iPay's system worksseamlessly with its online software and the transaction is easy toconduct through its Internet portal.

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