Software to simplify loan payments.

Make the loan payment process more manageable. LenderPay is a real-time payment solution that offers one-click payment technology for loan payments. Your members can seamlessly manage their loan payments with their preferred payment method. This helps to bridge the gap between outdated payment methods and your members’ current, modern expectations.

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Better for Lenders

Advantageous for every credit union.

Regardless of asset size or member count, LenderPay can benefit all credit unions:

  • Generate Fee Income: LenderPay offers unique options to generate fee income
  • Save on Card Processing: With LenderPay, you can accept debit card payments with zero transaction fees, so your credit union will save on costly payment processing
  • Improve Efficiencies: See a reduction in administrative overhead and manual errors when you streamline and automate your payment processes

Benefits of LenderPay

With LenderPay, you can turn your website into a virtual cash register and automate 100% of your accounts receivable. Plus, payments can be posted directly to the Sharetec Velocity core. Plus, LenderPay is…

Secure

LenderPay payment processing is safe and secure, handled by Global Payments (NYSE: GPN), and adheres to robust security protocols

Free

LenderPay allows credit unions to accept debit cards with zero transaction fees

Convenient

Increase brand loyalty by letting your members pay with their preferred Visa® or Mastercard®

Better for Members

Boost your members' experiences.

Your members will experience a painless process when you use LenderPay. They can make one-time or scheduled payments by debit card, ACH, and more – without creating a username or password. Members can also make one-tap payments by text message or email invoice.

  • Improve Member Service: Boost your members’ experiences by offering convenient payment options and reminders
  • Offer Convenience: Your members can now pay loans from anywhere with their preferred method of payment
  • Recurring Payments: Forgetful? That’s ok. Borrowers can easily set up recurring payments to stay up-to-date on payments and reduce the risk of delinquency
Member Concerns with Digital Banking

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