Reminder: Increase to Per Transaction Fees Coming to iPay February 2022

Attention credit unions using iPay bill pay

As a reminder, effective February 1st, 2022, iPay will be implementing a 3% increase on their per transaction fees.  Following this increase, these fees will become $0.675 per transaction.  These price increases will be reflected starting with your March 2022 invoice.

If you have any questions, please reach out to SettleMINT EFT.

CU*Answers assists Santee Cooper Credit Union in converting their credit card portfolio to CU*BASE

The CU*Answers SettleMINT EFT Team converted 967 credit card loans for Santee Cooper Credit Union to CU*BASE online credit card platform. Santee Cooper Credit Union, located in Moncks Corner, SC, brought their credit card portfolio in-house. “One benefit for credit unions moving to the online credit card platforms is that their members are allowed to […]

Jul 1, 2022

CU*Answers assists Firefighters Credit Union with a credit card start-up

The CU*Answers SettleMINT EFT team assisted Firefighters Credit Union located in Onalaska, WI, with starting up a credit card program in CU*BASE. “One benefit for credit unions having an online credit card program is that their members are allowed to make real time payments and disbursements via It’s Me 247 Online Banking to their credit card loans,” […]

Jun 30, 2022

CU*Answers assists Pathways Financial CU in converting credit cards to CU*BASE

The CU*Answers SettleMINT EFT Team converted 228 credit card loans for Pathways Financial Credit Union to CU*BASE’S online credit card platform. This conversion brings over the Whitehall portfolio that Pathways acquired in their merger and combined with their current online portfolio. ”A major benefit for credit unions moving to the online credit card platform is […]

Jun 2, 2022

A Note from SettleMINT: Enhanced Batch Maintenance for CO-OP Clients has Arrived!

A Note from SettleMINT: Enhanced Batch Maintenance for CO-OP Clients has Arrived!

Attention Credit Unions using CO-OP for debit card processing: Some of you have reached out to us requesting to move to the CO-OP APBATCH4 enhanced nightly batch maintenance file and have voiced interest in opportunities for CO-OP’s wallet programs.  Others have reached out requesting to move to the enhanced file so that the cell phone… Read more »

Apr 18, 2022

A Note from SettleMINT EFT: Updates on the 2022 Changes to Visa and Mastercard BIN Requirements

A Note from SettleMINT EFT: Updates on the 2022 Changes to Visa and Mastercard BIN Requirements

As previously announced, effective April 15, 2022, Visa and MasterCard will begin supporting 8-digit BINs. Why is this change occurring?  Essentially, electronic payments are growing.  In the past, 6-digit BINs were sufficient to handle the breadth of industry processing and so processors created systems around the 6-digit BIN.  But with industry growth, 6-digit BINs are… Read more »

Apr 6, 2022

A Note from SettleMINT: Price Increase for Payveris Products and Services Beginning 7/1/22

A Note from SettleMINT: Price Increase for Payveris Products and Services Beginning 7/1/22

Attention Payveris Bill Pay Credit Unions We have recently been notified that, effective July 1st, 2022, Payveris will be implementing a 3% increase on all of their products and services.  Linked here is a document which details the updated pricing for both Online and Self-Processing credit unions.  These price increases will be reflected starting with… Read more »

Mar 28, 2022