InstaTouch® Pay
Streamline the way your consumers make online payments with a frictionless digital experience that minimizes manual entry
InstaTouch Pay is a payment enablement tool that retrieves consumer credit card information from a consumer’s credit file in real time, populates that information in a payment or profile form for consumer selection, and checks the validity of the credit information.
Benefits
Improved Customer Payment Experience
Instant access to a pick list of active credit cards, including private label credit cards that can be used for payment without the hassle of entering multiple data points on a digital device
Reduced Abandonment
Limited key entry allows the consumer to complete their transaction with ease, driving more sales for the business
Limited Risk
By accessing a consumer’s credit file in real time, a business can have more confidence that only active cards belonging to the consumer are presented, which reduces the likelihood of a decline or the use of stolen or counterfeited cards. Reduces chargebacks and card-not-present fraud
Key Features
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Uses verified identity to present up-to-date reported credit card(s)-
Real-time credit file access – data is retrieved from a credit file in real time, ensuring that the most up-to-date reported credit card information is available
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PCI compliant – encrypted transition of masked credit card data that meets PCI Compliance standards
Use Cases
InstaTouch Pay is for businesses that want:
- To instantly retrieve up-to-date credit card information from a consumer’s credit file at the time of digital transaction
- To improve the consumer experience by presenting the consumer with a “pick-list” of their active credit cards to select and populate with one-touch
- To check the validity of the credit card information being used by cross-referencing with consumer’s credit file in real-time
InstaTouch Pay is used for:
- Banking and Lending: loan down-payments, paying processing fees
- Mortgage: Paying for home inspection online
- Cable & Pay TV: Paying monthly bill online, down-payments and new purchases
- Retailers: Making a payment online for a purchase
- Auto: Pre-payment for services
- Insurance: Paying monthly premium or paying deductible on a claim
