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PSCU Extends Fiserv Bill Pay Pact

PSCU Financial Services said it has extended by three years its agreement to use the CheckFree RXP bill pay service from Fiserv Inc. to power the big CUSO's PayLynx online bill pay platform.

PSCU cited Fiserv's development of new solutions such as the ZashPay person-to-person option for the extension, which takes the deal through December 2013.

The PayLynx service is now in place at more than 475 credit unions and has 1.1 million payment subscribers, the company said, and 170 credit unions used the CUSO's services to facilitate marketing campaigns in the past year to drive activation numbers.

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