EVERLINK SELECTED AS RECOMMENDED PAYMENTS SWITCH PROVIDER FOR CANADIAN CREDIT UNIONS

December 17, 2015

MARKHAM, ON, December 17, 2015 – Everlink is proud to have been selected by the Credit Union Payments Strategy Committee as the single recommended payments switch provider for Canadian credit unions.

Everlink currently serves 75% of the Canadian credit union system. In conjunction with this recommendation and the recent decision made by a majority of new credit union clients to partner with Everlink, this secures the company’s positioning as the market leader in Canada. Going forward, based on current commitments, by the end of 2016 Everlink will be serving:

• 75% of credit unions in BC
• 100% of credit unions in Alberta
• 100% of credit unions in Saskatchewan
• 100% of credit unions and Caisse Populaires in Manitoba
• 88% of credit unions in Ontario
• 100% of credit unions in the Atlantic provinces
• In total, Everlink will now serve close to 95% of credit unions in Canada

“We are honored to be the 1st choice of Canadian credit unions and excited to be onboarding dozens of new credit union clients in 2016, to be followed by a significant number of additional conversions in 2017 and 2018.” says Mark Ripplinger, President & CEO at Everlink. “To our current credit union clients, your trust, advice and partnership are invaluable to us and have contributed greatly to making this honor a reality — thank you. And to our new credit union clients, Everlink is committed to providing you with the same world-class client service and support, innovative payments solutions and performance reliability we have strived to provide to all of our clients — thank you for your business.”

“The movement by credit unions to a single national credit union owned payments switch supplier is a foundational step forward to realizing the national payments strategy vision to position credit unions as strong competitors in payments services for our members.” Graham Wetter, President & CEO Alberta Central, and Co-Chair, Payments Strategy Committee.

Everlink has a busy year ahead with the foreseeable launch of several new innovations in partnership with credit union and bank customers. A company with a history of successful launches and innovations, Everlink was recently the first payments company to launch Mobile Payments for credit unions, and in 2015 offered a whole new suite of payments products from ATM enhanced services to new debit card solutions. These enable Everlink’s clients to offer member/customer facing solutions that are relevant, meaningful and impactful to their organizations. To learn more about Everlink’s services, solutions and the team behind these innovations and achievements, visit www.everlink.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, POS Acquiring and Professional Services.

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