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Publix Employees Federal Credit Union Selects Payrailz To Deliver Smarter Digital Payments Experience
-Credit Union�Partners�with�Payrailz�
Glastonbury, CT ?�April�13,�2021�?�Payrailz�, a digital payments company offering smarter, more engaging payment experiences to banks and credit unions across the United States,�announced�that Publix Employees�Federal�Credit Union�(PEFCU)�has signed�on for digital payments.��
PEFCU serves�current and retired�Publix�Super Markets, Inc. associates�and their families across the�Southeast. The credit union strives to be�the primary financial institution in members? lives. To create a�one-stop shop�for members, the credit union decided it had�to�provide�a better digital�payment�experience�
When searching for payments options�to take�its�digital experience to the next level,�PEFCU chose�Payrailz�over�the others�in the marketplace�because�of its complete payments platform that�encompasses�A2A,�P2P, bill pay�and�loan payments. The credit union also cited�Payrailz?�vision�for�and commitment�to�the future of AI and machine learning�within�the�payment�
?We�chose�Payrailz�for their�best of breed digital payments platform�and�because they are�a trusted�partner�that will�help�us build for the future,? said Ted�Hassenfelt, CIO of Publix Employees Federal�Credit Union.�?Payrailz�has great�people,�and we�love their vision�and how it has�come to fruition over the past few years.�The�Payrailz�platform is much more than just�bill�pay, A2A and P2P.�Our members will see�our�deeper�Payrailz�
?We are so proud to work with�thought-leading�credit unions�like Publix�that not only understand our vision�for a smarter payments experience, but believe in it,? said Fran Duggan,�CEO�of�Payrailz. ?Publix Employees�Federal Credit Union�is a great example of a credit union that shares our vision for payments and�truly wants to create the best digital experience for�its�members.?�
About Publix Employees Federal Credit Union�
Headquartered in Lakeland, Fla., Publix Employees Federal Credit Union (PEFCU) is a member-owned co-operative that was founded in 1957 to meet the financial needs of current and retired Publix Super Markets Inc. associates and their family members. PEFCU, with over $1 billion in assets, is ranked in the top five percent of credit unions nation-wide. PEFCU maintains a five-star rating by Bauer Financial and boasts an ?A? in financial health. PEFCU remains committed to improving the financial lives of its members and continues to expand its membership throughout the southeastern U.S.�For more information, visit�pefcu.com.��
About�Payrailz��
Payrailz�is a digital payments company offering advanced payment capabilities and experiences including�consumer and business bill pay, external and internal transfers,�new account funding, P2P, B2B, B2C and other related solutions to banks and credit unions. In a society that increasingly has become focused on a ?do it for me? culture,�Payrailz? smart technology makes the difference.�Payrailz�creates smarter payment experiences for the financial services industry that are predictive and more engaging than currently available alternatives. Financial institutions can confidently embrace�Payrailz? API-first and cloud-native technology engine, to offer unique payment solutions to their consumers and businesses.�Payrailz�helps financial institutions meet the payment expectations of today and the payment innovation needs of tomorrow. For more information, visit�payrailz.com, follow them on�Twitter�@Payrailz,�Facebook