Attention Paymentus Bill Pay/P2P Credit Unions
Paymentus has informed us that they will be implementing a 3% price increase for clients using Paymentus bill pay and P2P products. This will apply to the transaction rates, as well as other ancillary fees that we pass through to CU*BASE credit unions based on our reseller relationship with Paymentus.
Although our cost will increase by 3% for P2P transactions, remember that we have waived those fees for several years – as such, there will still be no charge on your monthly invoice. The fee increases will take effect on July 1st, 2024, and this will be reflected starting with your August 2024 monthly invoice.
A document which details the updated pricing for both Online and Self-Processing credit unions has been attached to the associated email.
If you have any questions, please reach out to SettleMINT EFT.
