Recurring payments

 

Automate the collection of monthly recurring premium

Insurers need to automatically collect monthly premiums from their customers across any payment method. This enables them to take the responsibility off customers and to avoid the administrative efforts of issuing invoices and tracking down late/non-payments. However, in order to do so, they require the flexibility to connect to multiple payment providers and methods. Single integrations to PSPs are complex, expensive, time-consuming and resource-draining, making it difficult for insurers to innovate.

How do we solve it?

The Imburse platform acts as your single access point to the payments ecosystem. Imburse does all the payment integration heavy-lifting, so you can access all relevant payment providers and methods to process recurring payments. Our platform is easily integrated with core insurance IT systems to seamlessly interoperate with existing billing processes. By integrating with Imburse your organization can automate the day-to-day operations of processing recurring payments.

 

Benefits

Offer a seamless payment experience for your customers
Reduce the occurrence of late payments and take immediate action
Save on administrative resources
Offer multiple recurring payment methods
Pay at bind - immediate creation of recurring payment schedule