Loan Payments for Financial Institutions
CheckAlt's LoanPay is an online loan payment application that enables financial institutions to accept various loan payments from their customers, including auto and business loans, mortgages and credit cards.
With LoanPay’s fully hosted, private-label platform, your bank or credit union can process loan payments quickly and easily via debit card, credit card or any checking account. Whether used online, at the branch or over the phone, CheckAlt's LoanPay will help your institution improve processing efficiencies and increase customer satisfaction.
Using LoanPay, your customers can make one-time or recurring payments. Scheduled payments can be edited or canceled as desired.
CheckAlt’s LoanPay allows customers to make payments across all channels including in branch, at a call center, online and on mobile. Our solution has the capability to connect multiple payments methods, including debit, credit, and any internal or external checking account.
LoanPay is a white-label application brandable by your financial institution. The functionality available at every role level can be adjusted based on needs. We support single sign-on for both mobile and online banking.
Financial institutions and their customers can quickly access various account data points, including payment due dates, amounts due and current balances, directly from the LoanPay platform. Reports can be filtered in real time and exported.