MARKHAM, ON, NOVEMBER 18, 2016 – Everlink Payment Services Inc. announced today the successful conversion of Khalsa Credit Union to the Everlink payments processing environment. With this latest conversion, Khalsa Credit Union brings over 14,534 members and 3 ATMs to Everlink.

Effective immediately, Khalsa Credit Union 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. In addition to the above, going forward, Khalsa Credit Union will be able to take advantage of Everlink’s leading payments innovations across all seven of its Lines of Business: ATM Managed Services, Card Issuance & Management, Fraud Management Solutions, Mobile Payments, Payment Network Gateway, Professional Services and SME Solutions.

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.

“In keeping with our mandate to provide members with the most up to date technology, we are delighted to partner with Everlink to offer the Interac Flash® debit card,” said Dalbir Mehta, Chief Executive Officer of KCU. “This card will allow members to make purchases up to $100 at many retailers by flashing their card at the checkout terminal. Flash and dash will provide a real advantage for time starved consumers. Personally, I like the feature because I don’t have to put on my glasses to punch in the numbers or insert the card.”

“Khalsa Credit Union has an uncompromising desire to do the right thing for their members, employees, partners and the community. Everlink shares these values as we continually seek to build solid, long term partnerships with each of our credit union partners, providing uncompromising innovation and service excellence to our client credit unions and their members,” says Mark Ripplinger, President & CEO at Everlink. “It’s an honor to welcome Khalsa Credit Union to the Everlink client family. We are dedicated to providing Khalsa Credit Union with cost-effective, innovative solutions, paired with outstanding client support to assist them in serving their growing base of members better than ever before.”

About Khalsa Credit Union: KCU is a full-service credit union that has been responding to the financial needs of the Sikh community in British Columbia for over 30 years. It has assets of over $400 million dollars and branches in Abbotsford, Surrey (2), Victoria and Vancouver with a 6th branch scheduled to open at the 128^th street in Surrey in early 2017.

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 Solutions, Mobile Payments, Professional Services and SME Solutions.

# # #