Payment Processing: Michigan State University Federal Credit Union Selects iPay Technologies For Online Bill Pay

iPay Technologies, a leading online bill pay provider for community financial institutions, was selected by Michigan State University Federal Credit Union (MSU FCU) to provide its 145,000 membership base online bill pay services.

MSU FCU, the largest university-based credit union in the world, previously managed all of its online bill pay operations internally.

"iPay Technologies online bill pay product will take our bill payment offering to a new level," said Jeffrey Jackson, vice president, member services for MSU FCU. "iPay's sole focus is online bill pay, so being able to access their award-winning GUI, expansive functionality and impressive electronic rate will greatly improve our members' online experience."

"MSU FCU has been in the bill pay business for as long as we have. For MSU FCU to entrust their standards to iPay and outsource such a critical piece of their online strategy is humbling. This new partnership will raise the bar in our industry by demonstrating how two dedicated organizations can work together to deliver excellence to the end-user," said Kelli Schultz, president of iPay Technologies.

About Michigan State University Federal Credit Union
Michigan State University Federal Credit Union is the largest university-based credit union in the world. They have over $1.4 billion in assets and a membership of 145,000. They serve the financial needs of the community with a line of fullservice financial products. Their purpose is to provide financial services to their members at the lowest possible cost that enable them to meet their long- and short-term financial goals. For more information, please visit www.msufcu.org.

About iPay Technologies
Headquartered in Elizabethtown, Ky., iPay Technologies is a leading provider of online bill payment services. Founded in 2001, iPay develops and fully supports consumer and small business online bill pay solutions for more than 1,400 community financial institutions nationwide and in Puerto Rico. iPay's Consumer BillPay-e Version 2.0 received an official honoree distinction at the 2007 Webby Awards. Additional information about iPay is available at www.ipaytechnologies.com.

SOURCE: iPay Technologies