MISSISSAUGA, Ontario, Canada – Curomax, a leading developer of dealer finance e-commerce solutions, reached an agreement with San Antonio FCU for the $1.7 billion CU to use the company's point-of-sale lending platform, mycreditshop.com. With the fully integrated POS lending platform, a SACU member visiting a dealership or other merchant, can fill out a credit application that is electronically sent to SACU's loan origination system for an automatic credit decision. Upon approval, a credit card number is generated and then through Curomax, is transmitted back to the dealer or merchant. By the time the dealer or merchant enters the credit card number to complete the purchase, the account is live and the purchase can be authorized immediately.
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