Protect Against Fraud with PayWatch!

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PayWatch is an optional new service offered to your credit union from Payveris, CU*Answers’
newest bill pay partner!

Mitigate Your Credit Unions Fraud Risk

Frauds and scam activity is escalating. It can happen to anyone, anywhere at anytime and often starts with electronic payments. Help protect your credit union’s members fraud risk with Payveris’ new PayWatch service!

A Few Benefits PayWatch Offers:

  • Fully designed and supported by Payveris (not a separate 3rd party bolt-on).
  • PayWatch performed by your staff using the PASS administrative support tool.
  • Fraud transaction auditing is run hourly (commonly 1-2 times daily) with alerts immediately available for staff to review and decision accordingly.
  • Fraud tools included to alert staff to make an immediate determination on how to process flagged transactions.
  • Online alerts included for staff to easily monitor and flag today’s and previous alerts.
  • PayWatch works across supported Payveris products, including electronic Bill Pay, Checks and P2P. All electronic payees are OFAC scanned.

What’s the Cost?

  • No set-up fees… your credit union is only charged $0.02 (2 cents) per bill pay transaction for PayWatch!
  • Represents a minimal 3.36% increase in your bill pay transaction fee.
  • All online reporting, decisioning and historical transaction research tools included – no separate fee!
   

Sign up for PayWatch Today!


Order PayWatch

Updated
August 6, 2018

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

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… Read more »

Feb 1, 2022

2021 Year-End Online Credit Card Scorecard

2021 Year-End Online Credit Card Scorecard

Your Online Credit Card Portfolio can generate substantial value to your credit union – everything from interest and interchange income to increased member engagement and retention.  Your online credit card portfolio not only helps to keep the credit union at the top of members’ wallets but is also an extremely visible differentiator, separating the pricing… Read more »

Jan 6, 2022

CU*Answers brings on first FIS Payments One credit card portfolio with Traverse Catholic FCU

CU*Answers recently announced that it launched a new online credit card processing interface for FIS Payments One. This new interface offers yet another platform that will allow credit unions the ability to have their credit cards inhouse. An inhouse program can provide benefits to members like allowing them real time access to their available funds […]

Dec 8, 2021

Increase to Per Transaction Fees Coming to iPay February 2022

Increase to Per Transaction Fees Coming to iPay February 2022

Attention credit unions using iPay bill pay We have recently been notified that, 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… Read more »

Dec 6, 2021

Now Available: Online Credit Card Scorecard

Now Available: Online Credit Card Scorecard

Your Online Credit Card Portfolio can generate substantial value to your credit union – everything from interest and interchange income to increased member engagement and retention.  Your online credit card portfolio not only helps to keep the credit union at the top of members’ wallets but is also an extremely visible differentiator, separating the pricing… Read more »

Nov 8, 2021