Skip any loanany wayfrom anywhere
Life happens. Always be there for your account holders.
Skip-A-Pay saves your staff thousands of hours, generates revenue through skip fees and delights your account holders.
We have seen our customers generate over $125,000 in skip fee revenue in less than six months. Don’t miss out and discover how you can achieve similar success today!
Eliminate The Pain Of Manual Skips
Have you been worried about offering loan skips to your account holders because of the impact it can have on your financial institution’s back-office operations?
Your staff spends an average of 45 minutes to process a loan skip manually. Not only are manual skips time-consuming but they can also increase the risk of errors.
Our Skip-A-Pay solution changes everything by enabling automated loan skipping year-round with no impact to credit score.
$15 million+ skip fee revenue
3 million+ loan skips
1.5 million+ person-hours saved
Step 1:
Identify Account
No login required
Step 1:
Identify Account
No login required
Step 2:
Select Loan
Real-time Qualification
Account Holder
Loans
Step 2:
Select Loan
Real-time Qualification
Account Holder
Loans
Step 3:
Confirm Skip
Advanced Due Date
30 Day Default
All Pay Frequency Supported
Step 3:
Confirm Skip
Advanced Due Date
30 Day Default
All Pay Frequency Supported
Step 4:
Select Fee Method
& Agree to Terms
Multiple Fee Methods
Internal Transfers
Credit/Debit Cards
Add to Loan Balance
PayPal
Loan Specific Fees
Tiered Fees Based On
Loan Payment Amount
Loan Type
Step 4:
Select Fee Method
& Agree To Terms
Multiple Fee Methods
Internal Transfers
Credit/Debit Cards
Add to Loan Balance
PayPal
Loan Specific Fees
Tiered Fees Based On
Loan Payment Amount
Loan Type
Give Your Account Holders Real-time Financial Relief
Your account holders want flexibility, control, and anonymity when it comes to skipping their loan payments. Tyfone’s Skip-A-Pay offers users a simple and convenient way to skip their payments from home.
Faster Payment Relief
100% Self Service, No Forms, Calls Or Branch Visits Required
Private And Anonymous
24/7 Accessibility From Any Device
Automate All Processes In Real-time
Save your staff thousands of hours annually by eliminating manual payment processing. Advance payment due dates, update payments, extend loan maturity dates, and charge fees.
Fully Customizable
Skip-A-Pay offers admin controls to determine who is qualified to skip loans and which type of loan is eligible. Our solution also supports variable fees by loan type and allows personalized branding with custom colors, logos, and language.
Quick Time To Value
You can have our solution up and running in just a few weeks, enabling you to quickly start providing value to your account holders.
Reduce Operational Costs
Access a comprehensive self-service solution that lowers your internal operational expenses and staffing needs, while providing a delightful experience to your account holders.
Increase Non-interest Income
Generate income beyond loan interest through skip fees to offset administrative costs and boost your profitability.
Integrate Skip-A-Pay Into Your Digital Banking Platform
Providing a seamless and integrated experience is very important for us. That’s why we designed Skip-A-Pay to be digital banking agnostic, easily integrating with any digital banking platform including our own nFinia digital banking platform.
Skip-A-Pay offers unparalleled flexibility and allows you to deliver an efficient and user-friendly option for your account holders looking to defer loan payments.
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.
