Valley First

New Payment Technology

Valley First and Enactus use new payment technology to share the spirit of the season

December 17, 2015

Penticton, B.C.—Okanagan College students have been delivering Christmas cheer to unsuspecting Kelowna residents as part of a classroom assignment that blends new payment technology and random acts of kindness.

In partnership with Valley First, a division of First West Credit Union, students from the college’s Enactus group were each asked to surprise and delight a stranger in their communities. The only guidelines required to complete the assignment – pay for any random acts of kindness with a Valley First DASHBAND™ and record and share the interaction. The assignment can be viewed online on the Valley First DASHBAND™ Youtube channel.

A DASHBAND™ is a wearable payment technology – a wristband loaded with a pre-paid credit card and with a simple tap users can make on-the-go payments at any Paywave-enabled retailer. First West Credit Union, Valley First’s parent company, was among the first financial institutions to trial wearable payment technology in Canada.

“It’s been exciting to work to launch the trial of DASHBAND™ and learn how wearable technology can support people’s busy lives,” says Valley First’s Drew Geldart.

“What’s even more rewarding is seeing how people can use this technology to create social good. Joining forces with Enactus was an obvious choice for Valley First. Students are engaged, creative and often early-adopters of new technology. The stories they captured with their videos not only demonstrate how easy it is to pay with a DASHBAND™, but are truly heartwarming, too.”

While DASHBAND™ is currently in a trial-and-learn phase and not available to the general public, Valley First is confident some form of wearable payment technology will be offered in the future.

Enactus Okanagan College president Cassandra Lum echoed Clark’s sentiments.

“Our team was thrilled to have the opportunity to partner with Valley First,” says Lum. “We both work within our communities to empower the people we work with and enable change, making this a great fit! Assignment Happiness, was a great way to get in the spirit of giving, and try out this innovative new technology Valley First has developed.”

You can see the entire collection of Assignment Happiness videos and vote for your favorites at: https://www.youtube.com/channel/UC-naLXXnIhAzzgk-hNFfEjA

About Valley First

Valley First is a premier provider of banking, investment and insurance services for residents and businesses in the Okanagan, Similkameen and Thompson valleys. As a division of First West Credit Union, B.C.'s third-largest credit union with 54 branches and 38 insurance offices throughout the province, Valley First brings innovative products, an extensive branch network and local decision making to the banking experience. For more information on Valley First, visit www.valleyfirst.com.

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