Catalyit Guide

Digital Payments & Premium Finance

Digital payment and premium finance technology streamline insurance payments with secure transactions, flexible financing, automated billing, and compliance management.
Section 1: Digital Payments & Premium Finance in 2026
  
Section 1

Digital Payments & Premium Finance in 2026

What is Digital Payment & Premium Finance technology?

Digital Payments and Premium Finance technology work together to enhance how insurance agencies manage client payments and financing options. These solutions provide secure, convenient payment methods while enabling flexible premium financing plans, making insurance more accessible and affordable for clients. Agencies can streamline the collection process with online payments, recurring billing, and electronic invoicing, while premium finance tools automate payment schedules, manage agreements, and ensure regulatory compliance. By integrating these technologies, agencies can improve cash flow, reduce administrative burdens, and deliver a seamless, client-focused payment experience.

This guide can help...

  • Alternative Payment Schedules & Options
  • Workflows, Processes & Automation
  • Payment Tracking
  • Agreement Processing
“Digital payments and premium finance technology are true game-changers for independent agencies. Integrated payment solutions reduce manual work inside the AMS, while modern premium finance tools streamline agreement data entry and help clients make faster, more informed decisions. The real win is that agencies can eliminate unnecessary service-team tasks without sacrificing accuracy, control, or the client experience.”
Angela-Ford
Angela Ford

Chief Strategy Officer

      
Section 2

How do I get started?

Are you looking for a digital payment and premium finance solution that meets your agency’s unique needs? With so many options available, it can be overwhelming to make a decision. Here's what we think you should consider.

Insurance Trust Accounting

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.

Types of Payments

What types of payments can be accepted?

Processing Time

How long does it take for the payment to show up in your bank account?

PCI Compliant

Does the vendor hold a PCI Level I compliant certificate?

Agency Branding

Can the payment page be branded with your agency information?

     
Section 3

What solutions are available?

Take a closer look at all your available options by visiting their profiles.

Applied Pay
Applied Pay

Applied Pay
by Applied Systems

AMS-native payments solution with direct integrations into Applied Epic, EZLynx and Applied CSR24

Digital Payments Premium Finance

Ascend
Ascend

Ascend
by Ascend

The only complete accounting automation solution for insurance.

Digital Payments Premium Finance Commission Management

ePayPolicy
ePayPolicy

ePayPolicy
by ePayPolicy

The fastest, easiest and most secure way to move money in the insurance industry.

Digital Payments

PayMyPremiums
PayMyPremiums

PayMyPremiums
by AFCO Direct

Fully digital premium billing, down-payment collection and financing solution

Digital Payments Premium Finance

Agave
Agave

Agave
by Agave Pay, Inc.

Digital Payments

AgentSnap
AgentSnap

AgentSnap
by SnapRefund

Digital Payments Premium Finance 101 Weston Labs

Converge Pay
Converge Pay

Converge Pay
by Converge Pay

Digital Payments

CoverForce
CoverForce

CoverForce
by CoverForce

Premium Finance Enhancement Quoting Platforms - Commercial Lines

EasyPay
EasyPay

EasyPay
by EasyPay

Digital Payments

Input1
Input1

Input1
by Input1

Digital Payments

InsurePay
InsurePay

InsurePay
by InsurePay

Digital Payments

IntelliPay
IntelliPay

IntelliPay
by IntelliPay

Digital Payments

IPFS TotalPay
IPFS TotalPay

IPFS TotalPay
by Imperial PFS

Digital Payments Premium Finance

QuickBooks
QuickBooks

QuickBooks
by Intuit

Digital Payments

RevitPay
RevitPay

RevitPay
by RevitPay

Digital Payments

SimplePin
SimplePin

SimplePin
by SimplePin

Digital Payments

simply easier payments
simply easier payments

simply easier payments
by simply easier payments

Digital Payments

Tranzpay
Tranzpay

Tranzpay
by Tranzpay

Digital Payments

WeSignature
WeSignature

WeSignature
by WeSignature

Digital Payments Electronic Signature

Xpress-pay
Xpress-pay

Xpress-pay
by Xpress-pay

Digital Payments

        
Section 4

State of Tech Report

44%

of Catalyit agencies are using a digital payments system. Are you one of them?

For the fourth year, Catalyit is partnering with Big “I” state associations to survey independent insurance agencies nationwide about their current tech stack. Agencies are sharing the solutions they use, their ratings, and where they see the most opportunities.

Take the Agency Tech Assessment and tell us what powers your agency’s operations. See the results now in Catalyit's State of Tech Report, presented by Momentum AMP.

     
Section 5

Additional Resources

Keep yourself informed with the latest insights and product demos.

TechTips Articles

A Smart Move Every Agency Should Make: 4 Reasons to Modernize the Payment Experience
AFCO Direct

A Smart Move Every Agency Should Make: 4 Reasons to Modernize the Payment Experience

May 19, 2026 1 min read
Simplify Payments with Xpress-pay
Digital Payments

Simplify Payments with Xpress-pay

July 25, 2025 2 min read
How Text Messages Can Help Grow Your Bottom Line
Digital Payments

How Text Messages Can Help Grow Your Bottom Line

March 3, 2025 3 min read

Webinars & Demos

ePayPolicy Live Demo
ePayPolicy logo
Digital Payments

ePayPolicy Live Demo

May 12, 2026
Unlocking Efficiency Through Integrated Premium Finance
Digital Payments

Unlocking Efficiency Through Integrated Premium Finance

March 19, 2026
Ascend Agency Bill Automation Demo
Digital Payments

Ascend Agency Bill Automation Demo

February 12, 2026
     
Section 6

Have questions?

The Catalyit Team is here to help! Get in touch with us.

  • Ask the Catalyit Chatbot
  • Submit a Support Ticket
  • Call us
Contact Us
Laptop and phone on desk

Contributors:

Angela-Ford

Angela Ford

Casey Nelson

Casey Nelson

Guide Last Updated: June 2026

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