Save money on mailing checks, close claims faster, and remove friction for policyholders and previously paid vendors by re-using already tokenized bank accounts.
Instantly disburse funds by issuing digital cards that can be used for any online purchase or converted to physical cards for card-present purchases.
Assist policyholders when they need you most by loading funds onto physical prepaid cards and distributing them on the ground when catastrophe strikes.
Securely capture bank account information from payees with dual-factor authentication.
Save bank accounts for repeat claims payments to claimants and vendors.
Save money on printing and mailing checks – checks can cost as much as 10x more than ACH transfers (Association for Financial Professionals).
Disburse funds to policyholders instantly, accelerating the time-to-settle.
Payees can manage funds through their own online account, make online purchases, or order a physical card.
Does not require a bank account, making it a convenient option for unbanked payees.
Your catastrophe response team can load and distribute prepaid cards onsite to policyholders with immediate needs.
Cards are custom branded for your organization.