By partnering with insurance carriers to modernize premium collections and digital claims, DreamPay offers a full suite of embedded payment solutions that simplify operations, enhance customer satisfaction, and drive business growth.
Modernize Premium Collections & Claims Disbursement with DreamPay
Premium Collection & Payment Automation with DreamPay
Transform your premium collection process with automated, flexible payment options through DreamPay, ensuring timely payments and a better customer experience.
Multiple Payment Types
Provide policyholders with the flexibility to make any type of premium payments—one-time, recurring, or zero-fee payments using DreamPay.
Recurring Payment Automation
Automate premium collections through various payment methods, including Pay-by-Bank (EFT / ACH), credit cards, and debit cards with DreamPay’s payment platform.
Multi-Channel Payment Options
Provide policyholders with the flexibility to pay through multiple channels—online, mobile, or a virtual terminal powered by DreamPay.
Digital Claims Payouts with DreamPay
Expedite claims settlements with DreamPay’s digital-first payout solutions, delivering funds to policyholders and third-party vendors quickly and securely.
Instant Payouts
Disburse claim settlements instantly via DreamPay’s real-time payment options or virtual cards, reducing the typical waiting period for policyholders.
Multiple Payout Methods
Offer flexible disbursement options through DreamPay, including direct bank deposits, traditional check payments, and Interac E-Transfers.
Automated Claims Workflow
Automate the entire payout process—from claim approval to fund disbursement—with DreamPay, reducing manual effort and processing time.
Compliance & Security
Ensure your payment processes meet the highest security and regulatory standards with DreamPay, safeguarding policyholder data and reducing compliance risks.
Payment Card Industry
Data Security Standard
E2EE
End-to-End Encryption
AML
Anti-Money Laundering
Service Organization Control Type 2
KYC
Know Your Customer
GDPR
General Data Protection Regulation
Use Cases & Industry Applications Powered by DreamPay
DreamPay’s payment solutions are designed to meet the unique challenges of insurance carriers, enabling you to streamline premium collections and enhance claims payouts.
Auto Insurance
Improve customer retention by offering flexible premium payment options and providing instant payouts for auto claims through DreamPay.
Health Insurance
Streamline the collection of monthly premiums and disburse claims to providers or policyholders quickly and securely using DreamPay’s capabilities.
Property Insurance
Handle complex, high-volume claims payouts with ease through DreamPay, ensuring policyholders receive their funds promptly.