b payment offer multiple payment rails, including Open Banking, Direct Debit and credit/debit card processing. You can send quick and fully trackable PayLinks via email and SMS to improve your cash flow.
They understand your needs as a broker. Their system allows you to process payments through your management software, with instant reconciliation into most insurance broker software solutions, including SSP, Acturis, Transactor, Open GI, Schemeserve and Applied Systems.
Broker Benefits
- Seamless set-up: all your payment processing in one place
- User-friendly: simple and easy-to-navigate platform, split into four areas of Payments, Reporting, Customer Centre and Payment Operations
- Secure payments: anti-fraud security measures and fraud prevention tools to keep your business safe from cyber threats
- Faster access to your funds: next day funding available to all
- Improved cash flow: with Open Banking, transactions are instant, so you will have immediate access to your funds
How b payment can help the insurance industry:
Open Banking
- Can help with chasing payments on invoicing
- Allows for real-time funding
- Consumers prefer mobile payments as they provide a better user experience through quick payment options
Reporting
- Transparent reporting: from multiple revenue streams all in one place
- Seamless reconciliation: say goodbye to manual processes with our integrated payment software
- Enhance financial transparency: gain visibility into payment status with instant, accurate notifications
Payment links
- Efficient invoicing: ensuring your customers have an easy and quick way to transact when receiving an invoice - you spend less time chasing payments
- Automate the process of collecting payments: send customers automatic email reminders a few days before and after invoices are due
- Create tailored payment pages
- Instant payment notifications: stay in the loop and get immediate updates on payment confirmations
- Payment links are on the increase due to consumers adopting more mobile-friendly payment options
If you want to find out more about b payment, please get in touch with your BlinkIS Business Development Manager today!
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Full terms and conditions apply, please ensure that all of the contractual documentation is read and understood prior to use. This facility is marketed and distributed by Blink Intermediary Solutions. Blink Intermediary Solutions is a trading name of Iris Insurance Brokers Ltd, which is authorised and regulated by the Financial Conduct Authority (FCA) Register number: 310825.
This facility is provided by bpayment, a trading name of Fidelity Payment Processing Limited registered in England and Wales with registered number 08004359. Access to this facility is subject to approval by the product provider only. Blink Intermediary Solutions is not part of the approval process and is not the product manufacturer. Some products/facilities are not available in all territories. The intended recipients of this content are UK FCA-regulated insurance brokers. Full details of FCA authorisations can be found at www.fca.org.uk. This information is correct at the time of production, but may be subject to change.