CURO Group Holdings Corp. Announces Agreement With DirectPay, Allowing Canadian Customer Payments Through e-Transfer
August 11 2023 - 4:30PM
Business Wire
CURO Group Holdings Corp. (NYSE: CURO) (“CURO”), an omni-channel
consumer finance company serving consumers in the U.S. and Canada,
today announced an agreement with Toronto, Ontario-based payment
technology company DirectPay (a Payment Source Inc. owned company),
to further enhance CURO’s consumer loan repayment capabilities.
Beginning in August 2023, CURO’s ~250,000 Cash Money and
LendDirect customers in Canada will be able to choose Interac
e-Transfer® to make highly secure, near real-time payments that
will often process in under a few minutes. CURO already uses
Interac e-Transfer to quickly deliver loan funds to consumers and
will now extend the same benefits to customers who seek a more
secure, faster way to make electronic loan payments. “This new
payment method will not only give our customers more convenient
options for how they make payments, but will also give them peace
of mind, knowing their payments have typically been processed the
same day,” said Doug Clark, CURO’s Chief Executive Officer.
Interac e-Transfer is accessible by over 99% of Canadian
consumers, and is integrated with over 250 different banking and
financial institutions.
About CURO
CURO Group Holdings Corp. (NYSE: CURO) is a leading consumer
credit lender serving U.S. and Canadian customers for over 25
years. Our roots in the consumer finance market run deep. We’ve
worked diligently to provide customers a variety of convenient,
easily accessible financial services. Our decades of diversified
data power a hard-to-replicate underwriting and scoring engine,
mitigating risk across the full spectrum of credit products. We
operate a number of brands including Cash Money®, LendDirect®,
Flexiti®, Heights Finance, Southern Finance, Covington Credit,
Quick Credit and First Heritage Credit.
(CURO-NWS)
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Investor Relations: Email:
IR@curo.com
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