At National Processors, we have the most effective payment processing system for insurance companies that simplifies processing and improves communication with policyholders. We offer insurance providers what they need: reliable, efficient, and secure payment processing solutions that streamline every facet of their business operations.
National Processors offers comprehensive insurance payment services that help your business run smoothly.
National Processors provides merchant accounts to many types of insurance brokers:
At National Processors, we offer numerous payment processing features designed to elevate the operations of insurance companies. Partnering with us is like taking out an insurance policy against your competition!
One of the most popular payment methods in the insurance industry, recurring billing charges customers on a regular, agreed-upon basis for goods or services. Because insurance policies are typically split into monthly payments, this feature helps to ensure a steady cash flow, eliminate payment delays, and reduce late payments.
An invoice is a payment request for rendered goods or services. Insurance providers rely on invoices to determine accurate premiums for customers. Our invoicing features minimize human error, providing the precise, up-to-date invoicing information required to assess risk and set correlating premiums.
At National Processors, we know it may be necessary, in certain cases, for insurance providers to collect payment information over the phone. We provide cutting-edge virtual terminals into which insurance merchants can easily input their policyholders’ credit card information for fast, secure processing.
The Payment Card Industry (PCI) Security Standards Council sets requirements to protect consumer cardholder data. All businesses that process, store, or transmit credit card information must be PCI compliant, lest they incur fees or, worse, lose their ability to process payments. We only connect our merchants with secure, PCI-compliant payment solutions—giving you one less thing to worry about!
At National Processors, we strive to be at the forefront of payment solution technology. In doing so, we support text-to-pay and QR-code payment methods. Because if your customer already has their phone in their hand, why not allow them to pay with it?
It’s now easier than ever for consumers to make purchases without carrying cash or even credit cards. Mobile payments allow policyholders to pay their premiums using their smartphones or other mobile devices.