PayU products for Insurance sector
Simplify Payment Collection and Grow Your Insurance Business
Boost premium collections, policy renewals, and sales with PayU's Payments Suite for Insurance
Convenient Solutions for Premium Payments
First-Time Payments
Manage collections via website, app, and agents using payment gateway, payment links, and QR codes
Recurring Payments
Automate premium collections by setting up e-mandates for cards, UPI, and net banking
Payment Reminders
Send reminders with payment links through customer engagement platforms to collect timely premiums
Increase Premium Payment Avenues for your policyholders with BBPS
Collect premium payments cost-effectively by getting listed as a biller on BBPS
Expand premium collection avenues to 40+ online and 900+ offline agent institutes
Automate sending bills to customers using PayU MicroEngine
Get early access to funds with the fastest settlement cycle of T+1 days*
Amplify your insurance policy sales with PayU
Increase buying intent and offer discoveryShowcase EMI options and offers directly on product pages with Affordability Widget
Make insurance affordable for your customersOffer 35+ credit, debit, and cardless EMI options to drive up conversions
Offer payment flexibility to policyholdersAccept all international cards to accept flexible premium payments from anywhere
Drive customer loyalty and increase conversionsSource and configure offers on all payment modes and leverage analytics to fine-tune future campaigns using Offer Engine
