Insurance Payment Orchestration Module
The solution that adapts insurance to new payment methods
We know that collection management in the insurance sector is often a headache: rigid systems, complex integrations, and too many wasted hours reconciling accounts.
What problems does this Weecover module solve?
- Payment Methods: Facilitates collections by integrating any gateway and payment method. Credit card, Bizum, Pay-by-Link, PayPal, Stripe...
- Subscriptions: Build customer loyalty by automating recurring policy payments with any payment method.
- Custom payment plans: Split payments to adapt to what the customer can afford at any given moment.
- Editable payments: Say goodbye to asking the customer for their details over and over again for every single change.
- Automation and data: Gain full traceability and automate your financial reconciliation.
Natively integrated with top payment gateways and methods.
Set the rules. Get paid exactly how your customers want.
Regardless of your insurance product’s specific use cases. Configure the precise payment terms for every single policy and set rules to seamlessly combine payment methods.
Card payment, secure tokenization
Facilitate immediate payments with maximum conversion rates. Through Pay-by-link, the customer grants permission just once. We manage the secure TOKEN without storing card details, enabling frictionless future payments without requiring new permissions.
Flexible subscriptions
Build customer loyalty and automate recurring policy payments. Enable subscription models at any billing frequency (monthly, quarterly, annually…) automatically and frictionlessly.
Custom payment plans
Absolute flexibility for every policy and customer. Configure installment plans with asynchronous amounts and frequencies, adapting exactly to the user’s needs at any given moment.
Customizable operations
Update payment plans at any time to accommodate adjustments, taxes, or risk premium increases. Modify future payments without needing the customer to validate their details every single time.
Digital and physical omnichannel
Request payments via API directly from your systems, integrate the widget into your website, send a secure Pay-by-link via email or SMS, or integrate it with physical POS transactions at retail locations. A truly unified payment experience.
A 100% agnostic solution. Your payment gateways, your decisions.
Our module can be configured to work with any payment platform on the market. Data and events (callbacks) flow directly from these platforms, ensuring the highest level of reliability and security for your processes. There is no need to change providers; we simply enhance the setup you already have.
Scalable architecture built for complex ecosystems.
Ideal for corporate groups, brokerages, or multi-company models.
- Smart Routing: Connect multiple companies within the same platform, assigning different payment gateways based on custom rules.
- Fund Segregation: Keep revenue streams and transactions completely independent.
- Simplified Accounting: Distinct financial management that facilitates reconciliation and entity-specific reporting.
All information in real-time. Say goodbye to missing data.
Deploy a notification and reporting system that provides absolute visibility to your administrative teams.
- Online Callbacks: Automatic updates on payment statuses: successful transactions, declined payments, or expired links.
- Simplified Refunds: Automated integration for managing refunds and cancellations.
- Enriched Reporting: Integrate custom metadata and connect an advanced transaction log with your own systems (ERP/CRM) for perfect traceability associated with each customer.
- Communication Tracking: Monitor the delivery status of email and SMS payment requests.
Institutional-grade security and compliance.
We operate under the highest security standards and European regulations to ensure a risk-free integration.
- Next-Gen Cloud Architecture: Capable of processing thousands of transactions per second, highly resilient, and with maximum availability.
- Regulatory Compliance: A module designed in strict adherence to DORA, GDPR, and PSD2 guidelines.
- Proven Track Record: Technology validated and successfully implemented at El Corte Inglés Seguros.
- Adaptable & Global: Fully agnostic to currency, language, insurance line of business, and local legislation.
Discover how El Corte Inglés Seguros transformed its payment methods to maximize sales.
The payment orchestration model achieves a 98% success rate and was fully integrated in just 4 weeks.
Centralize your payments and scale your sales seamlessly
Leave us your details and discover how the Insurance Payment Module adapts to your business’s specific needs. Our technical team will show you how to unify your gateways, orchestrate multiple entities, and automate reconciliation from a single platform.
A payment solution built for insurance products:
- Agnostic and universal: Connect your tech ecosystem with any payment gateway on the market.
- Multi-entity Orchestration: Intelligent routing and financial segregation for groups and complex operations.
- Total automation: Real-time billing control, editable payment plans, and agile refund management.
- Robust infrastructure: Scalable cloud microservices architecture with guaranteed high availability.