In today’s digital world, policy holders expect to be paid quickly for unplanned situations, such as auto accidents and major homeowner repairs. Victims and responders need to be able to immediately receive emergency assistance during natural catastrophes. It’s essential that property and casualty insurers have flexible, responsive ways to deliver claims to their customers – from everyday collisions to disasters.
Convenient Pay-in Options
To Accept Payments
From Your Customers
CARDS
RTP
(Real Time Payments)
ACH
Multiple pay-out
options
to access funds
RTP
(real time payments)
instant payments
Zelle
virtual cards
credit and debit
reloadable cards
non-reloadable cards
ach
same day
direct deposit
cross border
private network
Driving
Payments
Innovation
Your company can choose how you want to make payments and your recipients can decide how they want to receive their funds.
Our flexible technology platform automates administrative workflows and TransCard’s Open API allows for a quick, easy integration of robust payment systems. And TransCard’s bank grade platform meets all industry compliance requirements.
Putting our
Technology
to Work
We work with leading insurance companies and associations.
Claims
Payouts
Policy holders can quickly receive responsive service and payment on their claims after a loss occurs. From a single platform, insurance providers can incorporate important documents, approvals, payment processing and multiple settlement options.
Emergency
Funding Cards
Rescue workers and policy holders can have access to essential services in the event of a catastrophic event, emergency rescue or weather damage through our emergency funding cards. Cards can easily be loaded and activated for people who need it.
Accounts
Payable
Insurers can move away from costly check disbursements and optimize payables through our accounts payable solution that supports multiple payment types, provides direct ERP integration and improves working capital.
Subscription
Billing Service
Customers can have a simple, easy-to-use online experience to review bills and make payments through a subscription billing service.
BNY Mellon and Transcard teamed up for a
webinar on the future of digital payments,
including Real-time Payments (RTP).