Mortgage, credit card companies and other loan services providers can make payment easy for customers with ChoicePay electronic payment offerings.
- AutoPayTM allows lenders to accept recurring loan payments. Billers can elect to have ChoicePay distribute payment notification reminder emails prior to the scheduled transaction with biller-supplied marketing or alert messaging to notify specific consumers of payment increases due to adjustable rate mortgages or other terms impacting their monthly payment amount.
- Velocity checking can limit the number of payments accepted within a specified time period across all ChoicePay payment channels.
- Payment limits can be established and enforced per payment channel.
- Payment history is available for payments processed by ChoicePay within the last twelve months.
ChoicePay’s extensive customization options extend access to payment interfaces that feel like the lender’s website, while providing the extra features lenders require and the ultimate security offered by ChoicePay’s superior technology infrastructure.
Why ChoicePay?