Quick Pay2024-11-21T13:02:25-08:00

Pay any loanany wayfrom anywhere

Provide a fast and easy path to online loan repayment.

With Quick Pay, your account holders will enjoy a degree of payment flexibility they’ve never experienced before, with options including credit cards, debit cards, eCheck, ACH, internal accounts, and PayPal.

Your Account Holders Are Tired Of Tedious Processes

Loan payments can be time-consuming, inconvenient, and expensive. Your account holders seek the freedom to choose when and how they make loan payments, whether it’s at their convenience or using a debit or credit card.

Our Quick Pay solution is digital banking agnostic meaning it integrates with any digital banking platform. Provide your account holders with a simple way to make loan payments and elevate your financial institution to new user satisfaction.

Discover A Real-Time Loan Payment Solution

Provide a seamless solution for loan payments without requiring login credentials. Users can conveniently pay their loans directly from your website with ease. Take advantage of competitive card processing fees and fee customization options, allowing you to set fees according to your account holders’ preferred payment methods.

Step 1:
Identify Account

Direct Access
Account/Member Number
DOB or SSN (last 4 digits)

From Online/Mobile Banking
Via Single Sign On

Step 1:
Identify Account

Direct Access
Account/Member Number
DOB or SSN (last 4 digits)

From Online/Mobile Banking
Via Single Sign On

Step 2:
Select Loan

All Loans in the Core are Listed
All Pertinent Loan Details Displayed
Amount Due
Minimum Amount Due
Due Date
Payoff Amount

Step 2:
Select Loan

All Loans in the Core are Listed
All Pertinent Loan Details Displayed
Amount Due
Minimum Amount Due
Due Date
Payoff Amount

Step 3:
Select Payment Method

Internal Account Transfer
External ACH Transfer
eCheck
Credit or Debit Cards
PayPal

Step 3:
Select Payment Method

Internal Account Transfer
External ACH Transfer
eCheck
Credit or Debit Cards
PayPal

Step 4:
Confirm Payment

Choose Card
Use a Saved Card
Confirm Payment
Fees Based on Payment Method

Step 4:
Confirm Payment

Choose Card
Use a Saved Card
Confirm Payment
Fees Based on Payment Method

Step 5:
That’s It!

Loan Paid
Core Updated in Real-time
For Internal Transfers, Cards & PayPal
Payment Queued In GL
Loan Paid Same Day For ACH & eCheck
GL Cleared When ACH Posted
Account Holder Notified Immediately
Immediate History Available

Step 5:
That’s It!

Loan Paid
Core Updated in Real-time
For Internal Transfers, Cards & PayPal
Payment Queued In GL
Loan Paid Same Day For ACH & eCheck
GL Cleared When ACH Posted
Account Holder Notified Immediately
Immediate History Available

Save Your Staff Thousands of Hours Annually

Automated loan processing slashes time and resources needed for loan payments. By streamlining workflows and eliminating manual tasks, financial institutions can efficiently handle a significantly higher volume of payments.

Reduce Operational Costs

Quick Pay reduces reliance on manual labor, which in turn reduces operational expenses. By streamlining processes, it minimizes errors that could result in costly rectifications and delays. Additionally, automated processing guarantees  uniform and accurate handling of loan payments.

Loans Posted in real-time!

Real-time posting instantly updates both borrower and lender records, ensuring up-to-date account balances. This not only maintains accuracy but also empowers your financial institution to make more informed decisions for future planning.

Fully Customizable

Quick Pay lets you customize fees based on payment method, Your financial institution can optimize revenue by offsetting the higher processing costs associated with certain methods, such as credit card payments, while incentivizing the use of lower-cost methods like ACH transfers.

Hear What Our Customers Are Saying

Leading financial institutions nationwide partner with Tyfone to achieve strategic objectives, retain accountholders, acquire new business, and turn their vision into reality. Hear their stories.

Tracy Ingram

Chief Digital And Infrastructure Officer
Achieva Credit Union

“The Quick Pay solution has significantly enhanced our member experience, while also streamlining operations for our staff, this has resulted in improved internal efficiency and overall member satisfaction.”

Jim Daly

Vice President & Chief Information Officer
Diamond Credit Union

“Quick Pay is an integral part of our operational toolkit, primarily utilized by our Collections team. Tyfone’s Quick Pay product streamlines our processes, making it easier for our members to fulfill their financial obligations.”

Learn More About Quick Pay

Ready To Experience The Future Of Digital Banking?

Get a personalized demo and discover how we can transform your banking experience. Fill out the form below, and one of our experts will guide you through our platform’s powerful features.

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