Insurance

Insurance companies have very unique processing needs.  Solupay has created a turnkey solution that can eliminate all of your payment card acceptance challenges.  The largest component of your overall cost is interchange. Interchange is the largest single cost component billed to a merchant and is controlled by the card company rules and regulations.

Did you know Insurance companies have a special interchange rate set by Visa, MasterCard and Discover to reduce your overall costs?  Solupay has 50 years of interchange management experience and we can make sure your transactions are captured at the lowest possible rate.  Solupay can not only provide you with the lowest overall cost but we also provide solutions that will make you and your team more efficient in the processing of credit and ACH payments. 

INSURANCE PROCESSING SOLUTION

Virtual Terminal Solution – Recurring Payments

While Solupay can provide our clients with stand-alone terminal solutions and support, we focus on attempting to SIMPLIFY our customers’ lives by introducing solutions that save time and energy. For example, our virtual terminal solution allows our customers the ability to do one-time payments or recurring payments via a PCI compliant virtual terminal. All you need is access to the Internet to perform transactions in a secure environment and in accordance with the card companies.

Eliminate the need to key transactions every month or get up from your desk to walk over to a dial terminal to complete a sale. Now the process is as easy as 1, 2, 3… and best of all Visa, Mastercard, Discover, American Express, Diners and ACH/eCheck are all supported. 

Single Point of Contact
The time has arrived to work with a partner that can SIMPLIFY your payment processing program. Now in one phone call you can get all of your virtual terminal and merchant processing support.

Chargeback Reduction Center
Should you accept this order? Is it real? Can I trust this anonymous person? Will this result in another loss? Our free fraud tools provide you more information than ever to determine whether to accept this credit card.

Dedicated Relationship Manager
While PUBLICLY traded banks and processors are reducing staff, Solupay has been adding relationship managers to ensure that every one of our clients has a dedicated individual to handle their UNIQUE processing needs. Your relationship manager will remain a constant and direct contact for you at Solupay, a person highly invested in the success of your business.

Reporting Sent Anywhere You Request
Forget user IDs and passwords. We can email virtually any report you like, in any format you request to you and your accounting team. Find out more about both our Online Reporting and eMail Reports.

Next Day Funding
Expedite cash flow on all Visa, MasterCard, Discover and American Express. Money can be funded in as little as the next business day.

Easy Reconciliation
One deposit is now available for all Visa, MasterCard, Discover and American Express deposits. To keep things simple, we take our fees out once a month NOT daily.

Disruption Free Conversion
Change is EASY and Painless with Solupay. Why? We plan ahead, test and do not leave until everything works flawlessly. In fact, we will provide you with a 3-month trial period enabling you to leave at anytime.

Terminal Support
Solupay Processing Systems supports hundreds of different terminal types, integrated POS systems, as well as mainframe solutions and can easily reprogram your current systems to seamlessly convert you to our systems.  We will work closely with your employees to find the best possible POS system for your company’s growing needs.