Enhancements to swipe transaction memos

Enhancements to swipe transaction memos
Jul 2025Platform improvementLOC & credit card

We made swipe transaction memo information more user-friendly, making it easier to identify swipes in the LoanPro UI and customer portal. Previously, swipe memos used merchant descriptor information, which, at times, provided hard-to-decipher transaction data. Now, swipe memos use merchant name information, making swipes more identifiable for agents and borrowers.

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