The only comprehensive, turnkey platform for efficient and convenient claim payments
Paysurance® is a comprehensive payment solution suite designed specifically for the insurance industry. The platform allows you to put money in the hands of your insureds up to 3X faster and reduce your expense by as much as 80%. Payments for auto, homeowners (structure, ALE, contents, CAT), vendor payments and mortgage are all offered within our secure and easy to integrate platform.
Your choice of payment vehicles includes all modern types of payments in EFT, card for single and multiple payees, vendor payments, as wells as payments for mortgages or liens.
Our patented electronic settlement system enables insurance carriers to offer policyholders the flexibility of claims settlement funds on two or more payment instruments that can be used simultaneously. All payees must approve payment before funds are available, replicating the safety features of multi-party checks – simplifying the claims settlement process overall.
The patents cover all electronic payments that replace multi-party checks – EFT, debit cards, payments with mortgages, and mobile payments.