Connexus Credit Union partners Alacriti for real-time payments
Connexus Credit Union has launched its Send and Receive services on the RTP network and the FedNow Service in partnership with Alacriti, enhancing its payment capabilities. This offering will enable real-time payments for its members, providing a more efficient way to manage transactions.
Alacriti specializes in cloud-based payment technology, positioning itself as a key player in the evolving landscape of real-time payments. Connexus Credit Union's initiative signifies a commitment to adopting advanced payment systems to better serve its clientele in a competitive fintech environment.
Key takeaways
- ▸Connexus Credit Union launches Send and Receive services.
- ▸The new services operate on the RTP network and FedNow Service.
- ▸Alacriti provides cloud-based payment technology for this initiative.
- ▸Real-time payments will improve transaction efficiency for Connexus members.
Why this matters
This partnership marks a significant step for Connexus Credit Union in staying competitive within the rapidly evolving payments landscape. By adopting real-time payment solutions, they will improve user experience and transaction speed, potentially attracting more members and increasing transaction volume, while highlighting Alacriti’s role as an essential technology provider.
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