SHARONS CREDIT UNION IN BC SUCCESSFULLY CONVERTS TO THE EVERLINK PAYMENTS PROCESSING ENVIRONMENT

July 15, 2016

MARKHAM, ON, JULY 15, 2016 – Everlink Payment Services Inc. announced today the successful conversion of Sharons Credit Union to the Everlink payments processing environment. With 5 locations based in BC, approximately 10,000 members and 5 ATMs, the conversion was completed as scheduled.

As part of the conversion, Sharons Credit Union will to 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.

“Sharons Credit Union is ecstatic to convert to Everlink Payment Services. Not only does Everlink provide the latest technologies to enhance our services to our members, but more importantly, Everlink provides simple, yet more convenient methods for our staff to service our members,” says Hae Soo Lee, Chief Operating Officer, Sharons Credit Union.

“Sharons Credit Union has joined a growing number of BC based credit unions who have entrusted Everlink to provide secure, reliable and innovative services to their valued members,” says Mark Ripplinger, President & CEO at Everlink. “I am honored to extend a very warm welcome to Sharons Credit Union, their staff and members. The Everlink Team is committed to providing the credit union with quality services and innovative solutions for many years to come.”

Sharons Credit Union was founded in 1988 to serve the Korean-Canadian Communities of Vancouver and the Lower mainland. Sharons Credit Union is a full-service, member-owned credit union with over 10,000 members, 5 branches, an insurance agency and with over $310 million in assets under administration.

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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