PSCU Reports 2008 Bill Pay Surge

ST. PETERSBURG, Fla. - PSCU Financial Services said it signed 22 credit unions as users of its PayLynx bill pay solution in 2008 and added 783,000 new individual subscribers.

By Marc Rapport | February 09, 2009 at 07:00 PM

ST. PETERSBURG, Fla. – PSCU Financial Services said it signed 22 credit unions as users of its PayLynx bill pay solution in 2008 and added 783,000 new individual subscribers.

Eight of the credit unions are first-time users of bill pay, according to the nation's largest CUSO, which said more than 470 financial institutions are now using the service.

The number of individual subscribers jumped 38% in 2008 over the previous year, the company said.

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