Paycision is the leading enterprise-grade instant payment platform tailored for the consumer finance and healthcare industries. From purchase order to reconciliation, we modernize your financial supply chain by optimizing your payment workflows.
The Paycision edge
- Smooth integration Support for multiple banking relationships and enterprise systems
- Vertical expertise Deep understanding of your industry’s unique workflows and challenges
- Multimodal support Instant and traditional payment capability from a single platform
- Configurable workflows Easy adaptation to your specific business processes without custom coding
- Comprehensive reporting Full transparency and control over your payment operations
- Fraud mitigation Proprietary real-time rules engine for enhanced security
CONSUMER FINANCE
- Real-time and traditional loan disbursements
- Digital reimbursements to borrowers
- Effortless loan payoffs and draws
- Disbursements to merchants, partners and investors
HEALTHCARE
- Support for payer and provider payment models
- Reimbursements for member claims
- Fixed-price contract payments
- Disbursements to consumers
Precision payments
- Smart payment routing Automatically targets the most efficient and cost-effective payment rail for each transaction
- Comprehensive payment support Handles instant payments, ACH, wire transfers, card payments and other traditional methods
- Industry-specific solutions Purpose-built for healthcare payers and consumer lenders
- Seamless integration Effortlessly connects with your existing systems and banking partners
- Cost reduction Slashes payment processing expenses by up to 90%
- Enhanced liquidity Optimizes cash flow with real-time fund transfers
- Automated reconciliation Eliminates manual processes and errors
- 24/7 availability Conduct business beyond banking hours
- Rich data messaging Enable straight-through processing with detailed remittance information
- Flexibility Maintain support for legacy systems while embracing the future of payments
- Easy to implement Deploys without costly internal development