Sharetec Partners with Allied Payment Network on Picture Pay

LINO LAKES, Minn. — Core processing provider Sharetec System said it has partnered with Allied Payment Network to provide credit unions with several payments technologies.

Sharetec said its agreement with Allied Payment Network will bring credit unions multiple products to improve their members' bill pay experience. The two companies said the Picture Pay mobile photo bill pay solution enables credit union members to pay any bill by simply taking a picture of the bill with their smartphone.

In addition, they said the FlexPay Internet bill pay solution improves bill pay pricing by offering credit unions a transaction-based pricing model, "ultimately freeing them from having to pay for members who are not using the service." The PortalPay online payments solution enables members to make a loan payment to the credit union from their internal or external accounts through the credit union's website, they said.

For reprint and licensing requests for this article, click here.
Technology Payments
MORE FROM AMERICAN BANKER