Simplified Payments for Essential Services
Empowering essential services business with seamless collections, operational efficiency and exceptional customer experiences
Revolutionizing Payments for Consumer Services, Utilities and Insurance
Phi Commerce offers tailored payment solutions to address the unique challenges faced by subscription-based services, utility providers, telecom operators and insurers. From automated collections to real-time reconciliation, our platform ensures efficient operations, enhanced customer satisfaction and regulatory compliance.
Key Challenges in Consumer Services, Utilities and Insurance
- Inefficient billing and collection processes.
- High operational costs due to manual efforts.
- Low borrower engagement due to limited payment flexibility.
- Security vulnerabilities and compliance risks.
Solutions Tailored for different Essential Service Businesses
Subscription Platform
Automate recurring payments with the Subscription Suite
Smart Routing
Optimize payment processing via efficient gateways
Tokenized Payments
Securely store payment details for faster, safer checkouts
Automated Billing Cycles
Stabilize cash flow with scheduled billing
Self-Service Payments
Offer convenient bill payments via multiple options
Fraud Prevention
Reduce security risks with tokenization
Policyholder Portal Payments
Provide self-service options for managing premiums
Recurring Payments
Automate premium collections via UPI AutoPay or e-NACH
Split & Pay
Allow policyholders to split premium payments across multiple payment modes, ensuring flexibility and affordability
Recurring Payment Collections
Automate subscription payments for services like internet, cable and mobile to ensure consistent cash flow
Tokenized Transactions
Secure customer payment data to minimize fraud risks and reduce chargeback costs
Real-Time Reconciliation
Access instant transaction updates to streamline settlement processes and financial reporting
Trusted Partner for all Essential Services
Revolutionize Payments Across Consumer
Services, Utilities and Insurance
Deliver seamless collections and exceptional customer experiences with
Phi Commerce
Frequently Asked Questions
What payment modes are supported?
Our platform supports 270+ payment modes including UPI, cards, wallets, net banking, self-service kiosks, recurring payment options and more.
How do automated billing systems work?
Automated billing schedules collections at regular intervals, improving cash flow stability and reducing delays.
How does tokenization enhance security?
Tokenization replaces sensitive payment data with unique tokens, reducing fraud risks and ensuring secure transactions.
Can this solution scale with my business?
Yes, our cloud-native platform is built to handle high transaction volumes, ensuring scalability as your business grows.
Does the solution integrate with existing systems?
Yes, our API-first design ensures seamless integration with ERP systems, billing software and more.
What value does this solution add for subscription-based businesses?
It simplifies recurring collections, reduces churn and improves customer retention with flexible payment options.
How does the platform support utilities?
Our platform automates billing, offers support for self-service portals and enhances cash flow with scheduled collections.
What benefits does the solution offer for insurance providers?
It reduces policy lapses through automated reminders and collections, provides real-time reconciliation, helps split high-value transactions in multiple payments that can be paid through different instruments and supports regulatory compliance.
