Toronto, ON (May 1, 2019) – FIRST Insurance Funding of Canada (FIRST Canada), the industry leader in payment solutions, in collaboration with Kixpay, has announced the launch of Request Pay, a broker-initiated payment request that gives brokers even more control over their payment process.
Request Pay allows brokers to securely send a request for payment for any client, any receivable, any time. Brokers’ clients can enjoy the ease and convenience of securely making a credit card payment 24/7.
“As part of our dedicated focus on innovation, we continue to develop payment solutions that advance brokers’ operations, profitability, and client experience,” said Stuart Bruce, CEO of FIRST Canada. “Request Pay helps brokers evolve their digital innovation strategy.”
“We’re proud to partner with the leader in insurance payments, FIRST Canada, to bring this innovative service to the Canadian insurance industry,” said Geoff Howes, CEO of Kixpay. “Together, we continue to provide brokers with more control over their payment process.”
In addition to providing insurance payment innovation and efficiency, Request Pay will provide benefits such as:
- Real-time payment notification
- Launched directly from your BMS
- Efficiency gains via the reduction of follow-up and management of outstanding receivables lists
- A secure process with upgraded anti-fraud technology
- A compliant process for trust account fund management
- Easy reconciliation with customizable broker data fields and bifurcated fees
- The ability to say “yes” to clients more often
For brokers using BMS software, now you can request payment for any client with a simple click. Request Pay is integrated within Power Broker™ for additional automation and ease of use.
Brokers looking to learn more about Request Pay are invited to talk to your account representative or visit firstinsurancefunding.ca/requestpay.
About FIRST Insurance Funding of Canada
FIRST Insurance Funding of Canada (FIRST Canada) provides the Canadian Insurance Market with innovate payment solutions. Brokers, MGAs, and carriers can partner with FIRST Canada and expand their offering to provide more value, choice, and convenience for all their clients. The combined strength of FIRST Canada’s dedicated team, evolved offering, and innovative platform positions its partners to meet the demanding future of the Canadian Insurance landscape armed with market-leading solutions for success. FIRST Canada is part of Wintrust (Nasdaq: WTFC) a financial services company with more than $30 billion in assets and a part of the largest premium finance companies in North America. For more information please visit firstinsurancefunding.ca.
Kixpay is a supplier of leading edge payment solutions for retail, e-commerce, legal and accounting professionals. Kixpay’s proprietary online product is changing back office and accounting process in a variety of verticals. In addition to their online product they offer traditional payment terminals, smartphone solutions and virtual terminals to all merchants at competitive rates with exceptional service. For more information about Kixpay, visit www.kixpay.com.
Source: FIRST Insurance Funding of CanadaTags: FIRST Insurance Funding of Canada, industry first, KixPay