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Wespay launches new business membership program

SAN FRANCISCO, CA (December 7, 2022) — The five unique Passports are designed to meet the needs of businesses that are stakeholders; they include the following:

Access Passport – U.S. payment systems are integral to their business. Access Passport members include high-volume users, solution providers, and payment processors.

Network Passport – Taking an active role in Wespay equates to membership value. Network Passport members include industry leaders and organizations that learn through collaboration with payments colleagues.

Discover Passport – Strive to keep their teams up to date with the latest in payments and value a trusted source in payments education.

Promote Passport – Seek more significant exposure to financial institutions and payments system users. Promote Passport members, including suppliers of payments-related products and services.

Partner Passport – Our highest level of members for organizations that wish to stand out from the crowd. Partner Passport members include innovators and leaders that supply payments-related products and services.

About Wespay

Celebrating 50 years of payments expertise, Wespay is believed to be the nation’s first non-profit association dedicated to the advancement of electronic payments. Originally formed by a small group of California bankers, the association has grown to over 900 members including financial institutions, third-party payments providers, and other organizations supplying payments-related services. “The payments industry has evolved tremendously over the last 50 years, and I am proud that Wespay has been at the forefront, helping to shape that payments journey,” said William J. Schoch, President and CEO of Wespay. “We’ve experienced ripples of progress, leadership, and collaboration as we’ve partnered with our members, rules makers, regulators, and other associations. This is not only a landmark for Wespay, but also a milestone for electronic payments, and we look forward to continuing to shape the future of payments,” continued Schoch. In 1972, the Special Committee on Paperless Entries (SCOPE) was converted into the California Automated Clearing House Association (CACHA), becoming the first ACH association in the United States. In 1974, CACHA joined with three other associations to form Nacha, and the CACHA ACH Rules were transferred to become the Nacha Operating Rules. In 1993, CACHA was renamed to Western Payments Alliance, now known as Wespay.

About Partner Passport Company:

Identifee (www.identifee.com/) is a connected platform built specifically for financial services organizations to help them grow top-line revenue faster by providing better, data-driven insights about their clients and prospects.