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From the January 26, 2011 issue of Credit Union Times Magazine • Subscribe!

S1 Begins PayPal P2P

The Global e-commerce provider S1 Corp. of Atlanta is now offering PayPal service integrated with its online and mobile banking solutions.

The P2P deployment is part of an agreement with PayPal to jointly develop payment solutions for use by financial institution users of S1's online and mobile banking platforms.

Eleven credit unions have signed up so far, all clients of PM Systems, a Chapin, S.C., subsidiary of S1.

The new integration allows credit union members to log into their online or mobile banking solution and send money using a destination e-mail address or mobile phone number.

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