SWIVEL Enable
Text Message
Payment Reminders
Empower your account holders with seamless and hassle-free payment management through our text message payment reminders. Enhance their financial experience, increase on-time payments, and reduce late fees by providing a convenient and proactive solution that keeps them informed and in control of their financial obligations.
On-Time Payments
Boost on-time payments by 9%
according to SMSGlobal.
Low IT Involvement
Non-Delinquent Messaging
MANAGED UNSUBSCRIBE PROCESSES
Seamless integration with Autopilot Account Services
Benefits Of Text Payment Reminders
Increased Performance
- Increases On-Time Payments
- Opt-in/Opt-Out preference support
- Comprehensive Reporting
Increased Account Holder Satisfaction
- Account Holder Access 24/7
- Customizable Time & Frequency Messaging
- Available For All Loan Types
Helping your account holders stay on top of their payments
98% Open Rate
Account holders are able to act on their payments almost instantly when they receive a text message reminding them about their accounts.
PayPrompt®
PayPrompt is a text messaging payment reminder service used for all loan types, promoting timely payments and reducing the risk of missed or late payments.
Service features include:
- Automated payment reminder alerts sent prior to due date
- Extensive phone scrubs to identify restricted numbers
- Managed opt-in/out processes
- Comprehensive reporting
- Low IT overhead and 45 day implementation
- Available for all loan types
Need an enterprise-wide messaging platform, or already utilize Eltropy? SWIVEL’s PayPrompt is deeply integrated with Eltropy, enabling your firm to have a singular enterprise messaging provider and integrate payment reminders out of the box.
Eltropy Benefits Include:
- Customized timing and frequency options
- Customizable messaging for your financial institution
- Seamless payment portal for account users
- Strengthens account holder relationship with real time payment confirmation
- Utilization of reporting to gain useful insights into text message payment conversion
Increase On-Time Payments
Related Case Studies
Lone Star Credit Union
WEOKIE Federal Credit Union
Happy Financial Institutions
“SWIVEL provides our account holders with the self-service tools they need to quickly and conveniently manage loan payments.”
“With SWIVEL, we’ve seen an 80%+ switch from agent-aided payments to online payments.”
Learn more about Transaction Enablement™
-
9311 San Pedro Avenue, Suite 600
San Antonio, TX 78216 - 1-888-610-2574