Accidents can result in many payments: to doctors, hospitals, body shops, towing companies, and the policy holders.
VPay is a total payment solution that can make the significant cost of issuing checks to all of them disappear.
VPay helps eliminate your cost and the inefficiencies of making claim payments. Unlike our competitors, we process all of your payments in-house through a single system of record, regardless of payment type. Plus we ensure Payees are paid according to their preferences—from checks and ACH to virtual cards.
We can pay more than 675,000 Payees and 100,000 auto mechanics and body shops according to their preferred payment type while providing policy holders the option to receive payments electronically. We can also provide an electronic platform for multiparty endorsements.
VPay has a dedicated, in-house Call Center, focused solely on supporting your claim payment process. Our agents are specifically trained and empowered to address your Payee’s issues promptly, intelligently and correctly.
Our solution replaces cumbersome, manual check tracking with real-time access to payment status and history. And we offer alerts and business rules configurable to your requirements. It’s the reconciliation process you’ve been waiting for.
Our team of implementation specialists work tirelessly for a smooth integration utilizing your existing technology and processes. And a responsive and dedicated account management team ensures your ongoing processing needs are met.
All of our electronic payments are 100% secure. One-time-use cards preloaded with an authorized amount put an end to card fraud.
Learn how insurers are making the cost of issuing checks disappear.
Find more details about transforming your Auto Insurance claim payments process in our free brochure.