Payments for Insurance businesses.
Insurance businesses require a payment infrastructure that supports diverse premium collection, claims payouts, and subscription models. Cardflo provides a resilient payment orchestration platform, enhancing authorisation rates, reducing churn, and simplifying compliance for complex financial operations.
What's included.
- Optimise premium collection with smart routing across multiple acquirers.
- Improve customer retention through intelligent decline recovery and rebilling.
- Securely process claims disbursements globally.
- Manage complex subscription billing cycles effectively.
- Ensure PCI DSS compliance and robust fraud prevention.
- Integrate with core insurance platforms via a flexible API.
Common questions.
How does Cardflo improve premium collection for insurance businesses?
Cardflo uses smart routing to direct transactions to the best-performing acquirer, increasing authorisation rates. Our decline recovery and subscription rebilling features capture more failed payments, boosting overall premium collection efficiency for insurers.
Can Cardflo handle complex insurance subscription models?
Yes, Cardflo's robust subscription management features support various billing frequencies, prorated charges, and plan changes. This flexibility allows insurance businesses to manage diverse policy structures and customer billing needs effectively.
What security measures does Cardflo provide for insurance payments?
Cardflo implements advanced security protocols, including tokenisation, encryption, and PCI DSS compliance. We also offer sophisticated fraud prevention tools to protect sensitive customer data and financial transactions for insurance companies.
Ready for velocity?
Tell us about your business. We'll match you with the right acquiring partners and the right route, typically inside a week.