ALTERNA SAVINGS AND BANK TO CONVERT ATMS, CARD ISSUANCE AND PAYMENT PROCESSING TO EVERLINK

Posted on June 8, 2017 · Posted in Press Release

MARKHAM, ON, JUNE 8, 2017 – Everlink Payment Services Inc. is pleased to announce that Alterna Savings and Alterna Bank will be converting to Everlink for Payment Network Gateway and ATM Managed services this month. Operating 35 branches across Ontario, Alterna is scheduled to bring over 143,000 members and 48 ATMs to Everlink.

In addition to the conversion, Alterna has selected Everlink’s Central Card Issuance (CCI) solution to produce and distribute contactless EMV Chip debit cards for their members. Everlink’s Central Card Issuance (CCI) solution enables financial institutions to reliably and cost-effectively produce contactless EMV Chip debit cards from a secure central facility, offering distribution options to send the cards directly to the member/customer or to the branch.

“Alterna is excited to offer redesigned cards with new Interac Flash® technology which will save our members and customers time at the checkout. Everlink is not only helping to make this high-demand convenience of ‘Tap and Pay’ a reality for Alterna, but they are also providing a highly secure and reliable payment gateway and ATM network,” explained Rob Paterson, President and CEO of Alterna Savings and Alterna Bank. “Our conversion to Everlink is one more example of how we’re staying true to our mandate to invest in delivering better products and services for our members.”

“Operating for over a century, it is clear that Alterna has a long history of putting their member’s best interests at the forefront of everything they do including pursuing new payments innovations – which Everlink is very proud to partner with Alterna to deliver. We are delighted that Alterna has chosen to utilize our ATM Managed Services and Central Card Issuance solution, in addition to our core Payment Processing services,” says Mark Ripplinger, President & CEO at Everlink. “We are honoured to welcome Alterna as a new client and look forward to a long-term partnership with Alterna as they continue to grow and expand their business.”

Over the past four years, Everlink’s Card Issuance Solutions have been selected by the vast majority of credit union and other Financial Institution clients across the country. Interac Flash® technology is a key offering for Financial Institutions who are looking to remain competitive in a rapidly evolving payments landscape, particularly if they intend to provide their members/customers with mobile payments capabilities.

For more information on Everlink’s contactless card issuing solutions, download our brochure: Contactless is More.

About Alterna Savings: For more than 100 years, Alterna Savings and Credit Union Limited has been charting new directions to help Ontarians achieve their financial dreams and build strong, vibrant communities. The first full-service, member-owned co-operative financial institution outside Quebec, Alterna Savings shares our expertise with more than 143,000 members. Holding over $5.2 billion in assets under administration, we offer a full suite of financial services online, by phone, by mobile and through a network of 34 branches across Ontario, including our partners Peterborough Community Savings, and Nexus Community Savings, both divisions of Alterna Savings and Credit Union Ltd. Alterna Bank is a wholly-owned subsidiary of Alterna Savings, Alterna Bank offers innovative, online financial services to all Canadians. Alterna Savings members also have access to the 2nd largest surcharge free ATM network in Canada with THE EXCHANGE® Network. For more information please visit www.alterna.ca.

Everlink Payment Services Inc. is a leading provider of comprehensive, innovative and integrated payments solutions and services for credit unions, banks, and independent sales organizations (ISOs) across Canada. In addition to supplying best-in-breed technology infrastructure and payment network connectivity via our well-established Payment Network Gateway, we offer a diversified range of integrated payments Lines of Business including: ATM Managed Services, Card Issuance & Management, Fraud Management Solutions, Mobile Payments, Professional Services and SME Solutions.

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For additional information contact:
Anastasia Sudetic
Marketing Manager
Everlink Payment Services Inc.
(905) 747-3692
Anastasia.Sudetic@everlink.ca