Automatic Billing Updater Available for CO-OP Credit Unions

Beginning Tuesday, October 10th, credit unions who use CO-OP as their card vendor will have the Automatic billing updater (ABU) option made available to activate. This feature allows you to attach a previous card number on file to a new card order so that auto-payments with merchants (such as Netflix) can continue to process using the new card number.

If you choose to activate this feature, when adding a new card in CU*BASE you will be required to either opt the member in or opt the member out from the automatic billing processing that will be sent to your card vendor.  If you attempt to bypass this process, you will receive an error message and will be unable to continue until you have selected an option.

If you would like us to activate this feature for your credit union, please contact the SettleMINT EFT team here at CU*Answers.

A Note from SettleMINT: Price Increase for Paymentus Bill Pay and P2P Products

A Note from SettleMINT: Price Increase for Paymentus Bill Pay and P2P Products

Attention Paymentus Bill Pay/P2P Credit Unions Paymentus has informed us that they will be implementing a 3% price increase for clients using Paymentus bill pay and P2P products.  This will apply to the transaction rates, as well as other ancillary fees that we pass through to CU*BASE credit unions based on our reseller relationship with… Read more »

Apr 26, 2024

Join Us for a Conversation on Plastics: MAP Vendor

Join Us for a Conversation on Plastics: MAP Vendor

From fraud mitigation to mandates, batch maintenance to digital issuance, vendor consolidations, and everywhere in between, Conversations on Plastics is another avenue that allows SettleMINT EFT to explore the complex and exciting world of ATM, debit, and credit cards!  Register for our upcoming Conversations on Plastics for a discussion on Member Access Processing (MAP)!  Join… Read more »

Mar 15, 2024

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