Five Methods You Can Use to Reduce Late Payments
REPAY provides the latest digital payment solutions that integrate with your existing loan management system (LMS) so you can manage all aspects of your business from one place.
Omni-channel solutions: mobile, online, phone or text
Accept credit cards or debit cards, ACH, checks, online cash and digital wallets
Text alerts and payment links keep borrowers engaged
Access realtime reporting and reconciliation dashboards
Offering payment convenience doesn’t have to be complicated or expensive. Speed up the time to revenue and increase on-time payments by providing a seamless, omni-channel payment experience for your borrowers.
When customers need a loan, they want it now. Be the first choice for borrowers by offering Instant Funding. After an application is approved, you can disburse funds to a debit or prepaid card within minutes.
Streamline the way you manage payments with a single payment system that integrates easily with your LMS. Our technology makes the transition straightforward for you and your employees, requiring little training and optimizing workflows almost immediately.
… by seamlessly allowing customers to pay by debit card.
See how our payment experts worked with a leading consumer installment lender to significantly boost their cash flow and loan volume with payment solutions and instant funding.
eCash streamlines payment acceptance, enabling customers to pay their loans or bills using cash at any of the thousands of participating payment locations, including major convenience stores, dollar stores and pharmacies.
U.S.-based and available 24/7/365, our dedicated customer service team can assist you with every aspect of REPAY’s payment processing program.
Increase on-time payments and improve the borrower experience by supporting how borrowers prefer to pay.
Digital payment technology evolves every day, and REPAY has the resources and expertise to keep you ahead of the changes. Rely on REPAY to simplify payments and manage the platform integrations for improved cash flow, streamlined internal processes and increased customer satisfaction.
Payment digitization has transformed how businesses and consumers pay. Consumers, including borrowers, are looking for faster and more convenient payment options and are not afraid to seek out providers who offer their preferred payment technology.
Customer demands and preferences are constantly changing. They value convenience and speed during the payment experience in today's fast-paced environment. As a business owner, it's essential to provide payment options that satisfy their wants and needs.
In today's digital age, convenience, reliability and security are top of mind for companies wanting to keep their customers satisfied. Merchant payment options continue to evolve as more customers shop online, use contactless payments for in-person purchases and seek to guard themselves against increasing fraud risks.