ClearPay
ClearPay, the Canadian leader in automating payment settlements and reconciliation for the Insurance Industry, announced today that there are now one hundred carriers receiving ClearPay transactions.
“Historically, the lack of supporting remittance advice has prevented carriers from accepting inbound electronic payments from brokerages,” said John Knotek, Chief Executive Officer of ClearPay. “This milestone of having one hundred carriers receive ClearPay transactions shows how carriers can accept electronic payments when the right information is provided at the right time.”