Premium Credit has launched an online payment portal called EPICC (Electronic Payments for Insurance Customers and Clients).
EPICC provides insurance brokers with a secure, compliant and personalised online payment gateway that enables them to offer their clients choice in how to pay for their insurance premiums.
Brokers can choose from multiple payment options to present to clients including pay in full alternatives (credit/debit card, bank transfer and cheque) as well as premium finance – introducing Premium Credit’s finance options to broker clients every time.
Simon Moran, chief sales and marketing officer at Premium Credit, said: “We are delighted to launch EPICC, our progressive online solution providing an efficient, one-stop-shop and a unique first to market payment portal for the insurance industry.
“We’ve developed the portal in close consultation with the broker community producing an accessible payment system that’s quick, efficient, easy to use and relevant to client needs.
“This premium payment method uses the latest technologies to make the business transaction between broker and client smoother, more straightforward and helps brokers to increase their finance penetration.”