Partnership enables a faster payment execution and greater visibility into money movementTORRANCE, Calif., July 9, 2024 /PRNewswire/ -- Happy Money , a leading provider of unsecured lending that helps credit unions grow, today announced a strategic partnership with Method , a leading provider of real-time data and payment access for consumer liabilities, to enhance the way members consolidate and pay off high-interest credit card debt.Happy Money and Method joined forces to provide members with a seamless experience paying off outstanding credit card debt via Happy Money’s Direct Card Payoff™ feature.Happy Money offers personal loans to streamline paying off credit card debt, saving consumers thousands of dollars thanks to low interest rates and a single, fixed payment. The integration of Method's liability connectivity APIs into Happy Money's platform enables more accurate and real-time identification of members' outstanding credit cards, live balance retrieval and balance transfer, without requiring members to enter account numbers or remember passwords. The partnership has resulted in an enhanced member experience and deeper transparency into money movement."Happy Money is helping consumers across the country access the capital they need to reach their goals in partnership with credit unions and other community-focused lenders," said Jose Bethancourt, CEO at Method. "With the integration of our technology, they are ensuring the process is as seamless, quick and efficient as possible, creating value for all involved."Since the partnership's onset , Happy Money members have connected over 50,000 accounts through Method's APIs, with millions of dollars of consumer debt being consolidated monthly via Method's connectivity and payment rails. Through the partnership, Method has facilitated over $7M in balance transfers for Happy Money members, helping them pay off debt faster."At Happy Money, we believe that prioritizing borrowers' well-being is a winning strategy; our platform allows consumers to meet their financial goals and enables credit unions to diversify their portfolios and grow," said Nick Pesce, Head of Product and Design at Happy Money. "With Method's sophisticated APIs, we gain more real-time information around consumers' outstanding credit cards, faster payment execution and more robust reporting."About Happy MoneyHappy Money is designing a happier way of lending that helps borrowers achieve their goals and helps credit unions achieve greater impact

Method was named a finalist in the PayTech Start-up of the Year category at the PayTech Awards USA 2023.

The provider of Bitcoin and cryptocurrency payment services has teamed up with Method Financial, an embedded banking service, to pull bills and liabilities in real-time, ensuring BitPay users have the most up-to-date information regarding their accounts and balances.