EVERLINK AND COLLABRIA PARTNER TO OFFER INSTANT CREDIT CARD ISSUANCE

April 13, 2016

MARKHAM, ON; CALGARY, AB, APRIL 13, 2016 – Everlink Payment Services Inc. and Collabria Financial Services Inc. announced today the introduction of the next generation of Instant Card Issuance (ICI) solutions that will be capable of instantly issuing personalized MasterCard® and VISA® Card credit cards. The new ICI service is set to launch this fall. This is the first integration of its kind in Canada for Everlink and Collabria.

With the new addition of MasterCard® and VISA® Card instant issuance, financial institutions that have partnered with Everlink and Collabria will benefit from real-time account processing with zero lag time. Essentially, upon approval of a credit card application, credit union and bank staff can immediately produce personalized credit cards for their members and clients, thereby eliminating the need to mail sensitive information to approved applicants. Everlink’s existing ICI clients will also be pleased to hear that their existing ICI equipment will be able to support Everlink’s next generation of ICI solutions, including the new MasterCard® and VISA® Card services.

“Everlink is proud to offer the next generation of Instant Card Issuance, continuing our tradition of providing innovative and cost-effective solutions for our clients. Everlink’s next-gen ICI will immediately position our clients with the very latest in ICI technology, and with a very effective upgrade path as current Everlink ICI clients can easily take advantage of this new offering with minimal effort,” says Mark Ripplinger, President & CEO at Everlink. “We are very pleased to introduce our next-gen ICI as our first formal engagement with Collabria, and excited by the potential for other new offerings made possible by this partnership.”

“Collabria is very excited to partner with Everlink and bring this innovative instant card issuance technology to our credit union partners,” says John Dundas, CEO at Collabria. “Credit card instant issuance provides our credit union partners with a competitive advantage against all competitors and redefines excellence in member service and engagement.”

Collabria Financial Services Inc. is a unique payment solutions provider created to deliver customized, end-to-end credit card products and services. At its core, what sets Collabria apart is its foundation in partnership, collaboration and responsiveness. With Collabria, you’ll never have to settle for “one size fits all” programs. Instead, Collabria professionals work with you to design solutions built around the exact needs of your financial institution and your customers. For more information, visit www.collabriafinancial.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 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, Merchant Services and Professional Services.

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