AUSTIN, TX--(Marketwire - Oct 13, 2011) - BancVue, the leading provider of innovative products, dynamic marketing, and data-driven consulting solutions to community banks and credit unions around the country, today announced the firm has partnered with PayPal to offer its clients the newest technology in peer-to-peer money transfers.
The offering -- Send Money -- will be available to community financial institutions in 2012 as part of BancVue's planned online money management solution. The company's new program, designed to be the industry's most integrated and functional, will allow customers to securely and easily make payments to another person.
"We're particularly delighted to announce this new association with the folks at PayPal and their peer-to-peer payment technology," said Gabe Krajicek, CEO of BancVue. "Send Money promises to be the kind of powerful benefit our clients have come to expect."
BancVue, recognized earlier this year by Fast Company as one of the 10 Most Innovative Companies, has been bringing game-changing innovations to the marketplace since its founding in 2004. With offerings like Kasasa®, a national brand of superior products, and Choice Checking™, an account specifically designed to help community financial institutions generate non-interest income and offset the impact of regulatory changes, BancVue has helped its partners around the country compete and win against the megabanks.
About BancVue
BancVue is the leading provider of innovative products, world-class marketing, and data-driven consulting solutions to community financial institutions across the U.S. Featuring offerings like Kasasa®, a national brand of superior products and marketing scale, BancVue products are designed to deliver controlled new account growth, higher profitability, and increased customer retention. Today serving nearly 1300 community banks and credit unions around the country, BancVue is empowering its clients to compete in and win the war against megabanks. For more information on BancVue, visit www.BancVue.com.
About PayPal
PayPal is the faster, safer way to pay and get paid online. The service allows members to send money without sharing financial information, with the flexibility to pay using their account balances, bank accounts, credit cards or promotional financing. With more than 90 million active accounts in 190 markets and 24 currencies around the world, PayPal enables global ecommerce. PayPal is an eBay company and is made up of three leading online payment services: the PayPal global payment service, the Payflow Gateway and Bill Me Later. More information about the company can be found at PayPal.com. PayPal is headquartered in San Jose, California and its international headquarters is located in Singapore.
Contact Information:
Contact Information:
Dan Mahoney
970-405-8060
www.csg-pr.com