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Wescom Resources to offer P2P services
PASADENA, Calif. (5/26/11)--Wescom Resources Group (WRG), a credit union technology provider, has partnered with PayPal to offer person-to-person (P2P) payment services. WRG has integrated the PayPal Send Money for Financial Institutions service into its MemberEdge Mobile Banking solution, which is available to credit unions nationwide. With PayPal Send Money integrated into MemberEdge Mobile, end users can send payments to anyone with an email address or mobile number from their mobile banking application. Tim Dolan, president of WRG, noted that PayPal has “a well-known, trusted brand in the P2P payments industry, and their adaptive payments enabled us to leverage that into our product, for an end solution that is safe, simple, and ubiquitous. Credit unions that deploy this will delight their members and set themselves apart from competitors.” WRG credit unions can offer their users the ability to pay any consumer or business instantly in more than 60 countries where PayPal is accepted, said Dan Schatt, general manager of financial innovations for PayPal. WRG is backed by $2.7 billion-asset Wescom CU, Pasadena. WRG offers an online banking solution with electronic bill pay, mobile banking, remote deposit, eAlerts, multi-factor authentication, member-directed ACH and online account opening and more. The WRG Services Division provides merger support, custom programming, system efficiency studies and consulting services.


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