EVERLINK COMPLETES CONVERSION OF QUINTESSENTIAL CREDIT UNION, THE FIRST ONTARIO BASED CREDIT UNION TO CONVERT THIS YEAR

October 4, 2016

MARKHAM, ON, OCTOBER 4, 2016 – Everlink Payment Services Inc. announced today the successful conversion of QuintEssential Credit Union Limited to the Everlink payments processing environment. As the first Ontario based credit union to convert to Everlink this year, QuintEssential Credit Union Limited brings 8,000 members and 3 ATMs to the Everlink payments processing environment.

As an added benefit due to its conversion to Everlink, QuintEssential Credit Union Limited will be able to issue the latest in debit card technology – Interac Flash® – to all of its members, further preparing the credit union for the adoption of Mobile Payments in Canada. This is in addition to extending its leading payments innovations across all of its Lines of Business: Payment Network Gateway, ATM Managed Services, Card Issuance & Management, Fraud Management and Merchant Services.

Upon the Payments Strategy Committee’s announcement last fall selecting Everlink as the recommended switch provider for Canadian credit unions, numerous B.C. and Ontario based credit unions have chosen to make the transition. This has further cemented Everlink as the market leader in the provision of payments solutions to credit unions in Canada.

“QuintEssential is proud to partner with Everlink. Thanks to the hard work and dedication of the Everlink conversion team our switching conversion was seamless to our members. We’re looking forward to working with Everlink in this new partnership,” says Carrie Gregoire, CEO, QuintEssential Credit Union Limited.

“This year, a large number of credit unions have selected Everlink as their trusted partner in bringing new, innovative, cost-effective solutions to their organizations and members. We are honored to have QuintEssential join our secure, reliable and innovative payments processing environment,” says Mark Ripplinger, President & CEO at Everlink. “We at Everlink, view this as the first step in forming a long-standing, trusted relationship with QuintEssential, their employees and members.”

QuintEssential Credit Union Limited is a full service credit union offering a full range of financial products and services for both personal and business banking to our members. QuintEssential Credit Union serves over 8,000 members and holds approximately $120 million in assets under administration. We have two branches in the Quinte area and have been supporting our members and investing in our local communities for over 62 years. Working together, we create financial well-being for our members, their families and our community, one relationship at a time.

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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