Business Insurance
Improve Premium Collection, Reduce Policy Lapses & Increase Sales
Solution to address all Insurance Collection needs - Online & Offline
Collect Insurance Premiums with ease with PaytmPayment Solutions
Benefits That are Front & Center.
Insurance renewals on the go
With multiple online and offline pay modes that Paytm offers, the end consumers gets the flexibility to choose from different options for their insurance premium payment.
Avoid policy lapses or churns
Through Integration on Paytm App, Insurance companies can choose to send notifications to their policy holders on Paytm App which helps in easy and quick payment of renewal premium thereby reducing policy lapses.
Deliver A Great Customer Experience
Great Partnership
Deliver A Great Customer Experience
Large Payment Collection
Increase ease of investment and reconciliation through quick fund realization via Bank Transfers.
Subscriptions
Automate collection through eNACH Mandate and UPI Autopay with the best success rates.
Payment Links
Easily generate and use Payment Links to send subscription links and automate collections.
Frequently Asked Questions
Why should a General Insurance Company, Life Insurance Company, and Standalone Insurance Aggregators opt for the Paytm Payments solution suite?
Paytm Payments is the preferred partner for payment solutions for Insurance providers. The Paytm Payments Solution Suite is a combination of different payment solutions by Paytm, specifically engineered keeping in mind the challenges faced by the Insurance industry for collecting premium payments, reducing policy churn, and improving sales.
Did Paytm for Business do any research specific to the General Insurance, Life Insurance & Standalone Insurance industry before creating this suite?
Yes. The Paytm Payments solution suite was designed after in-depth research into the customer mindset and expectations for insurance premium payments. The suite is thus a complete solution to what insurance customers need today.
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Start The Next Chapter In Your Growth.
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