Insurance companies serve customers across all demographics with payment habits and preferences that vary by user. ChoicePay offers a wide range of payment channels to accommodate insurance premium payment.
- Database field titles are customizable to include policy number heading labels.
- Minimum and maximum payment amounts can be enforced.
- Payment applications for insurance agents are offered to accept electronic payments to accommodate walk-in traffic, allowing agents to sign up customers for new services on the spot, fueling cross-selling initiatives and faster funds availability.
- Real-time memo posting reduces administrative work regarding policy suspension and reactivation.
- Outbound calling services provide phone payment reminder messages to consumers with the option to transfer to the IVR for payment, speeding up payments.
- Alpha numeric policy numbers are supported with payment engine flexibility to support changes in policy account numbers.
ChoicePay is the premier choice for insurance providers that wish to exhibit professionalism and provide payment convenience to increase stickiness with customers in an industry largely driven by competitive pricing and relationship building.
Why ChoicePay?