All payment methods supported. Credit/Debit card, Net Banking, UPI, Wallet, EMI, Post-paid, Bank Transfers
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
Enablement via Bharat Bill Payment System (BBPS) across multiple consumer apps
Easy recurring premium collection via SI on Credit Card, eNACH Mandate & UPI Autopay
Support for offline collection modes via EDC Machines, QR code.
Payment Links and Dynamic QR for easier renewal experience
Increase sales reach via The Paytm Mini App Store
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
Freedom of Choice
Customers can choose from a variety of options to pay their insurance premiums. Paytm provides the widest range of payment solutions from Credit Card, Debit Card, NetBanking, UPI, Wallet, EMI and Post-paid, eNach mandates, as well as UPI Autopay.
Premium Payments Anytime, Anywhere
Insurance company representatives can generate payment links or dynamic QR codes, anytime they speak to customers and share via email or SMS for customer's convenience to renew or purchase new plans.
Paytm & Other Wallets
Insurance companies can get onboarded as a BOU with BBPS via Paytm, which enhances their reach and gives their customers the option to pay using any wallet of their choice.
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.