- Consulting
- Guides
Popular Guides
All Guides
Not sure where to start?
- Solution Providers
Solution Providers
Solution Provider Index
View all Solution Providers on the Catalyit platform.
Leave a Review
Submit a review so your peers can learn from your experience with a Solution Provider and make more informed decisions.
Refer a Solution Provider
Want to see a Solution Provider on the Catalyit platform? Let us know!
Partner Spotlight
- Solution Provider Index
- Leave a Solution Provider Review
- Refer a Solution Provider
- Become a Catalyit Solution Provider
Want to partner with Catalyit? Become a Catalyit Solution Provider.
- Resources
Main Resources
Tech Assessment
Getting tech to work for you begins with understanding where you are, where you need to be, and how to bridge that gap.
Catalyit Success Journey™
Technology changes and evolves, just like you. The Catalyit Success Journey gives you the tech roadmap.
TechTips Articles
Stay up-to-date on the latest industry trends and improve your productivity with Catalyit TechTips!
Upcoming Webinars
Become a Catalyit subscriber!
- About Us
- Partner with Catalyit
Guide: Digital Payments
Every agency must integrate electronic payment options to meet client needs and preferences. This guide will help you explore your options.
What are you trying to do?
- Considering a digital payment system for your agency? Start here.
- Do you need help deciding which solution to choose? Use the TechSelector to narrow down your options.
- Want to view different options side-by-side? Compare digital payment solutions in our comparison grid.
- Who’s who? Take a closer look at the players.
- Are you curious about what your peers are using and how they rate them? Learn from their experiences with the State of Tech Report.
- Get the latest news and insights on digital payment solutions? Explore our resources.
- Do you want someone to assist you in the process? Book an appointment with Catalyit.
Catalyit's Advice
Insurance trust accounting is regulated at the state level. You must ensure that any solution you use is legally compliant with the regulations in your state.
What types of payments can be accepted?
How long does it take for the payment to show up in your bank account?
Does the vendor hold a PCI Level I compliant certificate?
Can the payment page be branded with your agency information?
Steve Anderson's Take
“Many consumers nowadays prefer to pay their bills digitally rather than write checks. Failure to follow the insurance trust accounting rules of your state can land you in trouble with the state Department of Insurance. This is why it is crucial that your payment service provider informs you of the legal requirements in your state and how they comply with them.”
Pick Your Path For Help
The Catalyit Comparison Grid
Make an informed decision by comparing solutions side-by-side. Click the logo to take a deeper dive and learn more about the solution.
*All inclusive service means invoicing, premium collection, financing, pay in full services
Yes, Applies
| Name | Payment types accepted | Time to fund ACH | Time to fund Credit/Debit Cards | Available integrations | Branded payment pages | Level 1 PCI Compliance/AOC Certifications | Compliance with state laws | Cost | All-inclusive service* | Chargeback, NSF, incorrect banking info protection | Premium finance options | Max funding per day per account | Foreign currency exchange | Primary live support location |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
 Applied Pay | ACH, Credit Cards, Debit Cards | Next business day | Next business day | Applied Epic, Applied EZLynx, Applied CSR24 | Yes | Yes | Yes | Monthly fee | Yes | Yes | Yes | Single transaction cap of $1M, otherwise no limit | United States | |
 PayMyPremiums by AFCO | ACH, Credit Cards, Debit Cards | 72 hours | 72 hours | Vertafore AMS360, Vertafore Sagitta, Vertafore InsurLink | Yes | Yes | Free | Yes | Yes | Yes | No limit | United States | ||
 Simply Easier Payments | ACH, Credit Cards, Debit Cards, Foreign Currency/Exchange | 2nd business day | Next business day | Vertafore QQCatalyst, Vertafore Sagitta, Vertafore AMS360, NowCerts, Jenesis AMS, Applied Epic, Veruna, Salesforce, Partner Platform, Insuresoft, ConceptOne/Sure, HawkSoft, Custom/Proprietary AMS Systems | Yes | Yes | Yes | Free | Yes | Yes | Yes | No limit | Yes | North Carolina |
 AGAVE | ACH, Credit Cards, Debit Cards | 2-3 business days | 24-48 hours | Contact AGAVE for full list | Yes | Yes | Yes | Monthly fee; pricing and fee model options available | Yes | Yes | Yes | Card: No limit ACH: Based on agency need and activity | Yes | Arizona |
 Ascend | ACH, Credit Cards, Debit Cards, Wire and Physical Check | 2-3 business days | 24-48 hours | Vertafore AMS360, Applied Epic, HawkSoft, Novidea, NowCerts, Salesforce, Veruna | Yes | Yes | Yes | Variable by premium and transaction volume | Yes | Yes | Yes | Card: No limit ACH: $2M per day | California | |
 ePayPolicy | ACH, Credit Cards, Debit Cards, Physical Check | 48 hours | 24-48 hours | Vertafore AMS360, Vertafore AIM, Vertafore FinancePro, Vertafore InsurLink, Vertafore QQCatalyst, Vertafore Sagitta, Vertafore MGA Systems, Dyad ALIS, Dyad Nexsure, Veruna, HawkSoft, Applied Epic, Applied CSR24, NowCerts, BindHQ, Jetfile, Novidea, WeSignature, Access My Insurance, Loro, Trailblazer, Pathway | Yes | Yes | Yes | $25/month | Yes | Yes | Yes | Varies by client | Texas | |
 Input1 | ACH, Credit Cards, Debit Cards, PayPal | 3 business days | 1 business day | Concept 1, Vertafore MGA Systems, NetRate, JetFile, Sirius, i-Engineering, NowCerts, HawkSoft, I-Engineering (Dyad), InsuranceGig, WeSignature | Yes | Yes | Yes | Free for digital payments and premium finance; other services vary | Yes | Yes | Yes | Negotiable | United States | |
 Xpress-pay | ACH, Credit Cards, Debit Cards | 2 business days | Next business day | HawkSoft, Vertafore | Yes | Yes | Yes | $6.95/month | Yes | Yes | Yes | Varies by client | United States |
Narrow Down Your Options
Digital Payments TechSelector
Currently in Beta, available for all agents for a limited time
Are you looking for a digital payments solution that meets your agency’s unique needs? With so many options available, it can be overwhelming to make a decision. That’s where the Digital Payments TechSelector™ comes in.
Our easy-to-use tool asks a few questions about your required features and generates a customized report. This report will help you identify the best digital payment solution for your agency.
Don’t waste any more time searching. Try the Digital Payments TechSelector™ today to simplify your search and get one step closer to finding the ideal digital payments solution for your agency.
The Players
Take a closer look at all your available options by visiting their profiles.
Applied Pay offers policyholders a secure way to pay their premiums from any device. It seamlessly integrates with Applied Epic™, Applied CSR24™, and EZLynx™.
PayMyPremiums is a digital payment, billing, collection, and financing solution. It provides financing and full-pay options, credit card payments, and free ACH payments.
Simply Easier Payments provides a full suite of digital payment solutions, including billing, invoicing, and integrated premium finance capabilities for your agency, tailored to your specific needs.
More Options
2024 State of Tech Report
Catalyit partnered with Big “I” state associations to survey 441 independent insurance agencies across the US and gather information about their tech stack and satisfaction.
| Most Used | % Use | Avg. Rating |
|---|---|---|
| ePayPolicy | 44% | 4.4 |
| Applied Pay | 9% | 4.2 |
| IPFS TotalPay | 9% | 4.6 |
| Simply Easier Payments | 8% | 4.6 |
| EasyPay | 7% | 3.8 |
| Carrier Online Billing | 4% | 4.4 |
| Ascend | 3% | 4.6 |
| QuickBooks | 3% | 3.3 |
| PayMyPremiums (AFCO Direct) | 2% | 4.3 |
| Xpress-pay | 1% | 4.0 |
| EZLynx Client Center (Applied) | 1% | 3.0 |
| Other | 7% | 4.1 |
Catalyit Resources
Keep yourself informed with the latest insights and product demos.
Your needs are unique, so we’ll work together to identify challenges and create a customized plan.
Our team of industry leaders can help you maximize your existing technology, discover and evaluate potential alternatives, and even assist with implementing new solutions in your agency.
Submit your review | |
