Industry use cases: Utilities
The platform that helps utility customers pay on time
Put your customers in control of their utility bills and payments and they’ll pay sooner. Much sooner. Payreq lets you share bills, notices and other important information with customers in a secure and private space. No email links. No post. Just self-service, anytime access to documents, slashed admin costs – and faster reconciled payments.
Solve your late-payment problems
Late or missed payments, debt disputes and payment fraud cost utility companies millions of dollars every year. Payreq can help. It provides a secure platform via which to transact, and bridges the black hole between payment requests and actual payments. The result? Bills get paid faster and collection costs plummet.
Put customers In control. Reap the rewards
20% of consumers that use Payreq elect to automate payment of bills when they receive them (as opposed to when they’re due).