DisburseCloud Set To Launch Crypto Functionality For Claimants' Payment

United States - August 17, 2022 /MarketersMEDIA/ —

The DisburseCloud team is leaving no stone unturned in the pursuit of delivering the best possible experience to Insurance Carriers, MGA’s, and their customers as the digital payment disbursement platform recently announced plans to launch a crypto payment modality in addition to their seven other claim payment options. The feature offers more payment options to clients, enabling them to choose crypto for their claim payment.  

According to a report published by Grand View Research, the global digital payment market size was valued at $68.61 billion in 2021. It also projected the value to hit $361.30 by 2030, a growth attributed to an increase in customer preference for real-time payments as well as the massive adoption of mobile wallets. However, many of the available payment platforms and solutions do not meet the needs of users – businesses, and clients, in terms of user-friendliness and comprehensiveness. Consequently, DisburseCloud is seeking to challenge the status with its wide range of features.

"We do PAYMENTS… and constantly strive to provide customers with the best experience in the last step of the claims process by giving them the ability to choose with the “how” and the “timeliness” in which they are paid for their claim." - Skip Gilleland, VP of Marketing and Product Development.

DisburseCloud is particularly suited for insurance carriers, MGA’s, and other organizations involved in outbound payments to clients, claimants, vendors, or contractors. The API-driven mobile-friendly platform allows companies to send their customer a link to choose their payment modality, with features such as multiple payment options to pay claimants, vendors, contractors, and others. In addition, payments can be paid to anyone utilizing the "Simple Payment" option from UI/API without needing additional Claim Information. Payees get notified by SMS and email of a pending claim payment, are secured by OTP verification and are given the choice of multiple payment modalities.

Other features and benefits of the digital payment disbursement platform are simple API integrations with current software, Payee/Payor W9, and 1099 service, adding additional cost savings by paying claims faster, thus reducing prolonged car rental days and living expenses, and offloading payment customer support to Disbusecloud.

The plan to include crypto in addition to other options such as virtual debit card, ACH, digital check, Paypal, Venmo, and Instant Deposit will ensure the easy and effective payment of claims, irrespective of location or amount.

For further information about DisburseCloud and the amazing features of the payment disbursement platform, visit -  https://www.disbursecloud.com/.

About DisburseCloud

DisburseCloud is a digital payment disbursement platform created to revolutionize how businesses pay claims to their clients by offering multiple payment options using the latest technologies to ensure a fast and easy process.

Contact Info:
Name: Skip Gilleland
Email: Send Email
Organization: DisburseCloud
Address: 30212 Tomas, Suite 355, Rancho Santa Margarita, CA , 92688
Phone: 407-393-7011
Website: https://www.disbursecloud.com/

Release ID: 89080217

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