OnPoint Community Credit Union Partners with Tyfone to Launch iCashe Mobile Wallet Program

New service allows members to purchase and send gift cards with a smart phone End Quote

Portland-Vancouver, OR-WA (1888PressRelease) November 23, 2011 - Through a partnership with Portland-based mobile financial services firm Tyfone, OnPoint Community Credit Union today announced the launch of the iCashe Mobile Wallet program. iCashe Mobile Wallet provides OnPoint members with a simple and fun way to purchase gift cards on their mobile phones and send to anyone instantly by text message or email. OnPoint is the first credit union in the nation to offer the iCashe Mobile Wallet program to members.

Gift card recipients can use their cards in-store or online via their smart phone or with a printed copy of the confirmation email. More than 50 national retailers and restaurants are now offering the mobile gift cards for purchase, with local retail options expected to be added in the future. Current participating retailers include, American Airlines, Nike, K-Mart, Land's End, Barnes & Noble, Overstock.com, REI and more.

"iCashe Mobile Wallet is the latest example of how OnPoint is offering the best technology and convenience services to its members," said Rob Stuart, OnPoint Community Credit Union president and CEO. "We are happy to have a local company, Tyfone as our partner. Their commitment to providing secure and innovative mobile programs is remarkable."

ABOUT ONPOINT COMMUNITY CREDIT UNION
OnPoint Community Credit Union is the largest credit union in Oregon, serving more than 226,000 members and with assets of $2.9 billion. Founded in 1932, OnPoint Community Credit Union's membership is available to anyone who lives or works in one of 13 Oregon (Benton, Clackamas, Columbia, Crook, Deschutes, Jefferson, Lane, Linn, Marion, Multnomah, Polk, Washington and Yamhill) and two Washington counties (Skamania and Clark). More information is available at www.onpointcu.com or 503-228-7077 or 800-527-3932.

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