Pay in Full (TotalPay) is a platform built for financing clients who also want the ability to offer pay-in-full payments. The Payments Platform is built for pay-in-full clients who want to offer financing. The revenue stream for these payment solutions is through ACH and credit card fees. It has the added advantage of creating an environment where our customers think of IPFS as their singular payment partner.
Pay in Full (TotalPay) – TotalPay allows agents to offer multiple quotes and payment options. Insureds can select from various policy options to finance or pay in full via ACH or credit card. This convenient tool is useful when the agent doesn’t know if their insureds want to finance or pay in full. Agents are notified via email when a pay-in-full payment is completed. Both financing and pay-in-full transactions are delivered to the agent on a funding report when funding will occur. This shows all activity on one report. This solution is ideal for agents that regularly use IPFS.com.
Payments Platform – The Payments Platform is a great tool for agents who primarily process pay in full. (Stay tuned for a financing solution here, too!) This solution is a quick and easy way to send pay-in-full links to insureds on a platform that updates in real-time. This tool is configurable, allowing agents to use their branding for payment links and shopper notifications, and the option to customize their content. Agents can subscribe to notifications for a wide variety of payment events.