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New Jersey Credit Union League Announces Partnership with PowerPay

Partnership Provides Comprehensive Product Base to Support New Jersey Businesses

Portland, ME and Hightstown, NJ – May 9, 2010 - New Jersey Credit Union League (NJCUL), a cooperative financial services organization located in Hightstown, NJ recently announced their partnership with PowerPay, one of the nation’s premier providers of integrated eCommerce and point-of-sale (POS) payment processing solutions. The agreement allows PowerPay to offer merchant card processing products and services to the League’s membership base and to their business members.

"Increasingly, the popularity of credit unions demonstrates the need for a high quality merchant processing solution to provide to members, says Paul Gentile, President and CEO of the NJCUL. "After researching a variety of alternatives, the New Jersey Credit Union League is proud to have selected PowerPay as the solution for New Jersey credit unions and their business members. We're confident that PowerPay's longstanding reputation and quality service will allow us to help credit unions meet a growing need by New Jersey merchants."

On the partnership, Jim Raftice, President and COO of PowerPay said, “We’re excited to partner with the New Jersey Credit Union League. Our values are consistent with each other, in providing quality service first and foremost. Our products will provide the League a full range of payment processing solutions they can utilize to maintain and attract new business members.”

PowerPay has uniquely positioned itself as a leader in the payment processing industry, offering some of the most advanced credit and debit card processing options and customized payment programs to their customers. In addition to payment processing, the New Jersey Credit Union League will also offer their members additional PowerPay products including: online merchant accounts, mobile accounts, check ACH conversion and guarantee, merchant branded gift cards and Visa branded gift cards.

About PowerPay

PowerPay is one of the nation’s premier providers of integrated eCommerce and point-of-sale (POS) payment processing solutions. Founded in 2003, the Portland, Maine-based company offers a unique, consultative approach designed to maximize customers’ payment processing efficiency, security and investment. PowerPay’s unique methods of underwriting and risk management coupled with a robust IT department, gives them the flexibility and agility to excel as a payments processor. PowerPay delivers comprehensive, innovative solutions that help customers grow their businesses and improve their bottom lines. www.powerpay.biz

About the New Jersey Credit Union League
The New Jersey Credit Union League is a not-for-profit trade association serving New Jersey’s credit unions. The New Jersey Credit Union league encourages the growth and development of the credit union movement by providing a variety of support services to all affiliated credit unions. An important objective of the League is to link these credit unions, providing a framework for collective efforts of improving products, service delivery, education and political action. www.njcul.org

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