Pay By The Month Facility
QPR Premium Funding provides administration & collection of "Pay by the Month" facilities for Insurers & Underwriters. By paying in monthly instalments, clients can afford easy to manage instalments for their consumer insurances.
Documentation & procedures can be tailored to suit specific requirements of the insurer/underwriter, subject to any applicable legislative requirements.
Customer communication: all email/text/letter communication with customers can be tailored to meet specific requirements.
Security & Compliance: Cardholder & account data is stored, processed & transmitted using the highest standard of security. QPR is certified as a level 1 PCIDSS compliant payment provider & merchant – the highest global standard.
Seamless Integration: QPR’s payment & funding processing platform can be fully integrated with most underwriter’s software for seamless, secure end-to-end client management. All transactions are managed by our programming interface, which stores & processes all sensitive credit card data within QPR’s secure PCI compliant system.
The insurer/underwriter has access to a Level 1 PCI compliant payment process without the need for investing in payment processing infrastructure.