Payrailz™, a digital payments company offering smarter more engaging payment experiences to banks and credit unions announced it has changed its recently launched CUSO’s name from CU Payz to CU Railz. This change aims to support Payrailz’ brand consistency as it continues to grow.
Payrailz decided to make this change because the name CU Railz better reflects the CUSO’s relationship to Payrailz’ products. As the CUSO brings the Payrailz payments platform to credit unions, the company sought to clarify this by including “railz” in the name. This new name also better illustrates the variety of payments rails available through Payrailz’ platform like real-time payments and Mastercard’s Bill Pay Exchange.
This will also help support continued growth by more closely aligning the CUSO with Payrailz, as the company has a strong presence and reputation in the credit union space. The company’s deep understanding of and extensive experience with credit union-specific challenges and opportunities is one of the many aspects that sets this CUSO apart from others.
The formation of CU Railz came out of a working relationship with established CUSOs MDC and Constellation Digital Partners. CU Payz includes six founding member credit unions: Coastal Credit Union (Raleigh, NC), Farmers Insurance Federal Credit Union (Los Angeles, CA), Georgia’s Own Credit Union (Atlanta, GA), Meritrust Credit Union (Wichita, KS), Teachers Credit Union (South Bend, IN) and TwinStar Credit Union (Lacey, WA).
The mission and product offerings of the CUSO will remain the same. To learn more about the CUSO or to join, please visit www.curailz.com, email info@payrailz.com or call 860-430-5200.