Payveris Has a New Name – Introducing Paymentus!

As you may have read, Payveris was acquired by parent holding company Paymentus.  When Payveris was first acquired, they were referred to as “Payveris, a division of Paymentus” – however, they are now going to be referred to solely as Paymentus.  They have recently announced their efforts to update transmission files, documentation, and client onboarding materials to reflect their new name.

At CU*Answers, we are also beginning the process of updating our CU*BASE screens, tools, and documentation to reflect the name change.  In the interim, you may see both company names in use within our resources; note that they are referring to the same bill pay/P2P company and no processing related changes were made for your credit union.  Additionally, moving forward any informational updates to enrolled clients, such as CU*BASE Alerts, will reference Paymentus.

For clients who are not currently using Paymentus but are interested in doing so, visit our online store to learn more about Paymentus Bill Pay and Paymentus Business Bill Pay.

Paymentus Bill Pay

Paymentus Business Bill Pay

Have questions?  Please reach out to SettleMINT EFT.

A Note from SettleMINT: Postage Fee Increase for Paymentus

A Note from SettleMINT: Postage Fee Increase for Paymentus

Attention Paymentus Bill Pay/P2P Credit Unions Paymentus has notified us that they will be increasing the postage fee by $0.0053, effective March 1st, 2024.  This postage increase is based on recent increases by the USPS.  This updated transaction rate will be reflected starting with your April 2024 invoice. If you have any questions, please reach… Read more »

Feb 20, 2024

Now Available: New Enhancement for Paywatch Fraud Monitoring

Now Available: New Enhancement for Paywatch Fraud Monitoring

Attention Paymentus Bill Pay/P2P Credit Unions A new enhancement to Paywatch Fraud Monitoring is now available!  With this enhancement, the SettleMINT EFT team has the ability to add email addresses to receive communications indicating that there are Paywatch Alerts which need to be decisioned. If your credit union would like to have one or more… Read more »

Feb 7, 2024

A Note from SettleMINT: Billing for Paymentus Postage Adjustment

A Note from SettleMINT: Billing for Paymentus Postage Adjustment

Attention Paymentus Bill Pay Credit Unions Over the past couple of years, there have been some pricing adjustments from Payments which were related to postage increases.  These pricing increases were communicated to credit unions via earlier announcements. As those announcements stated, our plan was always to pass along these increases to your credit union, but… Read more »

Feb 5, 2024

Effective 2/1/24 for Paymentus Clients: Billing for Per Transaction Fees & Usage Fees

Effective 2/1/24 for Paymentus Clients: Billing for Per Transaction Fees & Usage Fees

Attention Paymentus Bill Pay Credit Unions If your credit union offers P2P only with Paymentus, please note that in your contract, you were advised that you would be charged a per transaction fee along with monthly minimums that you would need to meet (aka usage fees).  From the date that your credit union went live… Read more »

Feb 5, 2024

Looking for a New ATM/Debit Card Processor? SettleMINT EFT can Help!

Looking for a New ATM/Debit Card Processor?  SettleMINT EFT can Help!

Is your credit union interested in switching your online ATM/Debit Card processor to a new vendor?  CU*Answers supports a wide range of national and regional ATM/Debit network switches, offering features such as automated debit transaction holds/releases, valuable vendor details during a CU*BASE card holder inquiry, instant card issue, compromised card processing, and much more. For… Read more »

Jan 9, 2024