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Keeping you updated

We’re Using ClearPay!

We’re taking a step forward to make it even easier to do business with ABEX with the roll out of ClearPay.

Did you know that every cheque and associated report you send to ABEX actually costs you about $18 to issue and mail to us? On the other hand, ClearPay is integrated into the majority of broker management systems and is an easy digital solution for less than $2 per payment!

Anytime you need to send funds and underlying policy information to us, ClearPay makes electronic payments easy and far cheaper than cheques.

The software is broker-friendly; you follow your existing workflows in generating disbursements and ClearPay automates the gathering of approvals, report and funds delivery. Once and done from your BMS! At a cost of less than $2 per payment, you’ll be saving approximately $15 per transaction that you spend today with cheques and manual reporting. Saved time can be used to devote to more productive customer services. And, most importantly, it’s a digital solution that presents a modern alternative to cheques and helps ensure accurate application to our customers’ policies.

The table below outlines some of the benefits of using ClearPay over cheques and EFTs:

This is just another step towards making it easier to do business with ABEX!

This platform presents mutual benefits and you can learn more by:

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