Our LoanPay Xpress solution delivers an all-in-one, multichannel, mobile-optimized platform for payment acceptance. You can provide borrowers of all types with a quick and easy method for making their loan payments from any outside checking/savings account or credit/debit card. Reduce paper check handling, increase on-time payments, decrease your in-bound call volume, and automate your back-end ACH payment posting. All payments post directly to the individual loan account via ACH as early as the next business day, eliminating the need for manually posting credit. As an alternative, a daily payments file can be imported to your core system for manual posting of same-day credit.
We offer solutions to speed payment receipts and enhance your customers’ user experience.
- Reduce late payments.
- Increase payment collections.
- Add new loan payment methods.
- Solutions are safe and secure and offer detailed reporting for easy audit.