Credit unions stand out in the financial world with their close connection to the community. Their members are different from account holders at a bank, for example. Helping those members stay current on their financial obligations is a real part of the mission for a credit union, as opposed to a faceless ledger item.

In today’s financial landscape, credit unions face increasing pressure to do more with less. With rising operating expenses, evolving compliance demands and growing member expectations, finding sustainable ways to manage costs has never been more important. Traditional payment processing methods are expensive, time consuming and increasingly out of step with what members expect in a digital-first world.

Consumer interest in digital banks has risen in recent years, especially among younger generations. As the use of remote services and business operations increases, individuals across age groups are becoming more comfortable with the idea of fully digital, as opposed to in-person, financial services. Up to 91% of consumers prioritize mobile and online access in choosing where to bank, in addition to security and fraud protection, according to Motley Fool Money's 2024 Digital Banking Trends and Consumer...

In today’s digital-first world, credit unions face growing pressure to meet the high expectations of members who seek convenience, speed and flexibility in their financial services. As member-owned cooperatives, credit unions have a unique position in the financial landscape: They are community-centered and prioritize service, but they also face the challenge of staying competitive against larger financial institutions. Embracing digital payment solutions not only drives greater efficiency but also...

Exceptional member experiences are the foundation of any successful credit union. To stand out from traditional banks, credit unions have always prided themselves on offering personalized, community-focused service. However, in an era where convenience and digital access are becoming more important than ever, the challenge is clear: How can credit unions continue to deliver on their promise of member-first service while also meeting modern expectations for intuitive, tech-driven solutions?

In the world of online commerce, payment gateways and processors play a crucial role in facilitating secure and seamless debit and credit card payment acceptance. Understanding how these components work together is essential for businesses looking to optimize their payment infrastructure and enhance the customer experience. Let's delve into the dynamics of payment gateways and processors, and explore how debit card and credit card payment acceptance fits into this ecosystem.

At REPAY, we understand the importance of establishing a seamless credit and debit card payment system to ensure a frictionless experience for both businesses and customers. Here’s a step-by-step guide to help you streamline your credit and debit card acceptance process and optimize your online transactions.

As businesses strive to adapt to evolving consumer preferences and market dynamics, accepting debit and credit card payments through modern card processing software emerges as a strategic imperative. At REPAY, we specialize in guiding businesses through the intricacies of payment processing, empowering them with innovative solutions designed to enhance cash flow and drive revenue. Let's dive into how embracing diverse payment methods, including debit card and credit card payment acceptance capabilities,...

In the ever-evolving landscape of payments, Text Pay has become a familiar option for consumers seeking convenience and simplicity. However, as technology progresses, the focus shifts from mere availability to seamless integration and omni-channel experiences.

In this blog, we explore the evolution of Text Pay, the importance of true omni-channel integration and how REPAY offers a comprehensive solution to credit unions and their members.

All consumers prefer to pay in specific ways. While it’s common knowledge that consumers overwhelmingly prefer to pay electronically with debit and credit cards or ACH, some still favor or default to cash in certain situations.

Although it may seem simple and straightforward, accepting and managing cash can be a tricky and cumbersome process for businesses, requiring time and resources and often exposing businesses to risk and security issues.