Your Compliant, Secure Solution for Accepting Online and Mobile Payments
  • Home
  • Sign Up Today
  • Solutions >
    • Invoicing
    • Schedule Payments
    • API Integration > >
      • Insurance Easy Checkout Page
      • Insurance Embedded Payment UI
      • Insurance Billing and Invoicing Solutions
  • Expertise >
    • Our Partners
    • News
    • Insurance FAQ
  • Contact
  • Login

Smooth Online Payments Mean You Can Run Your Business While You Sleep

3/2/2020

 
By Duke Williams, Founder of Simply Easier Payments
SE blog 3/2
I'll never forget waking up the first morning after I made public our very first online service.

I hopped out of bed and went to my computer, logged in, ran my report and pumped my fist when I saw overnight someone had subscribed to our online service.

Twenty years later, I still check every day and get the same thrill. The idea that you can run your business 24 hours a day, even while you sleep, is amazing to anyone who grew up in the analog era.

It’s especially appropriate for the insurance industry, where policies are in effect 24/7 even while both clients and agents are asleep.

Doctors and lawyers and carpenters get paid when they do specific tasks. But the nature of an insurance policy is that you sell it and renew it on a specific effective date. Every day after that date you earn the premium and commission on that policy unless something goes wrong.

The only hitch: Insurance premiums depend on timely payments. The only way to do that online is to make sure your website has a smooth payment processing system.

In a way, insurance agents are really in the payment acceptance, collection and receivables business.

Online Payments Are the Solution
If you allow your customers to make payments online – self-service – at the time and place most convenient to them – you get yourself out of that game.

You get to spend your time doing the things that allow you to provide better service and to attract more clients.

The insurance policy you sold probably was not a sale you made online. It could be, but it doesn’t have to be.

Insurance policies often require payments after the deposit, such as down payments, or even the full payment for things like:

• Endorsements 
• Installments
• Renewals

These payments can and should be possible for your customers to make easily online. Once you’ve added this capability to your website, then your business is working 24 hours a day, even while you sleep.

Comments are closed.

    INSIGHTS
    ​
    by Simply Easier payments

    Welcome to Insights by Simply Easier Payments; a resource for insights and information. 

    Return to Main Menu

    Archives

    November 2022
    August 2022
    June 2022
    March 2022
    December 2021
    November 2021
    September 2021
    June 2021
    May 2021
    March 2021
    January 2021
    August 2020
    July 2020
    June 2020
    May 2020
    April 2020
    March 2020
    February 2020
    November 2019
    September 2019
    July 2019
    January 2000

    Categories

    All
    Thriving Series

Simply Easier Payments
3000 Croasdaile Drive
​Durham, NC 27705
p​ 800.768.0907
e sales@SimplyEasier.com
​s support@SimplyEasier.com
PCI Compliant: Visa Global Registry of Service Providers
ACCOUNT
Sign Up: Insurance Account
​Login


LINKS
​About
Insurance
News
​
Events
​FAQ
Careers​
​
   Privacy Policy
   Terms & Conditions
​
​
   ©2023 Simply Easier Payments. All Rights Reserved.
  • Home
  • Sign Up Today
  • Solutions >
    • Invoicing
    • Schedule Payments
    • API Integration > >
      • Insurance Easy Checkout Page
      • Insurance Embedded Payment UI
      • Insurance Billing and Invoicing Solutions
  • Expertise >
    • Our Partners
    • News
    • Insurance FAQ
  • Contact
  • Login