One Inc’s Payment Model includes the following features and benefits:
Payments are PCI and Nacha compliant and tokenized to remove sensitive information off the insurance or carrier’s network. Reduce risk exposure while simplifying network security and compliance practices around PCI, NACHA, SOC-2, and more.
The insurer can choose how payment details are to be collected, whether through branded and embedded payment input forms or portals.
Tokenized payment information provides a multi-step authentication process, assuring insurers and policyholders that their sensitive information is secure. One Inc tokenizes both premiums and claims payment data and passes half of the token to the insurer. Authenticate by having individuals provide personal information as well as a code provided via phone or text.
Self-service payment process screens are embedded onto a carrier’s site or implemented as a pop-up and are easily configured to reflect a carrier’s branding and style, giving the insurer control over the customer experience.
Policyholders can store, update, and manage payment preferences quickly and effectively using the digital wallet.