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From the CEO
February 28, 2020

Dear Members:

I am excited to announce the launch of Payigy (Pā\ĭ\jēē), the first payments solution developed by Corporate One’s CUSO Sherpa Technologies as a result of its Innovation Council collaboration. Payigy is designed to enable greater payment flexibility and deepen relationships with indirect auto loan members via a simplified digital user experience, which was modeled to emulate biller-direct payment offerings. With biller-direct payment experiences currently accounting for more than 70% of bill payment activity, the creation of Payigy is more than timely, and Payigy’s biller-direct-like user experience, with the credit union as the biller, will help keep your credit union at the center of the member engagement process.

Payigy Webinar

Date: Tuesday, March 10

Time: 2:00 p.m. - 3:00 p.m.

 

Special thanks to the following credit unions on Sherpa’s Innovation Council who assisted with the development of Payigy:

  • Achieva CU, Dunedin, Florida
  • Gulf Winds FCU, Pensacola, Florida
  • Kemba CU, West Chester, Ohio
  • KEMBA Financial CU, Columbus, Ohio
  • Ohio Educational CU, Cleveland, Ohio
  • Pathways Financial, Columbus, Ohio

Payigy is accessed through a link on a credit union’s website or via a notification email from the credit union and provides indirect members a simple, yet robust digital experience to make loan payments. An expansive back-office admin portal streamlines support so that staff can service loans through quick access to loan details and history, invite new and/or disable existing borrowers, and communicate directly with borrowers through direct messages. While indirect lending presents a strong use case for this solution, Payigy’s strategic roadmap includes supporting additional loan types and real-time payment enablement in the future.

To learn more about Payigy, I’d like to invite you attend a special live webinar exclusively for our member credit unions on Tuesday, March 10.

In addition to its ability to deepen member engagement and retention, Payigy is unique because it’s an innovative solution that demonstrates the power of credit union collaboration. Part of our vision when Sherpa launched was to help credit unions on their journey of digital transformation through the creation of solutions by credit unions for credit unions. I want to thank the 28 credit unions on the Innovation Council that dedicated time and resources to partner with Sherpa, providing valuable insight and feedback throughout the development of Payigy to ensure it is a solution that truly meets credit unions’ needs.

I hope you will join us on March 10 to learn more about this wonderful new solution.

Best,
Melissa Ashley
President/CEO