Transcard offers a cloud-native payments platform designed to modernize financial workflows in the insurance industry. For insurers, carriers, and brokers, Transcard simplifies receivables (premium collection) and payables (claims, vendor, lienholder, and multi-party disbursements) through real-time, multi-rail, and integrated payment capabilities. With deep connectivity to banking, ERP, and accounting systems, Transcard helps insurers reduce manual effort, cut operational costs, increase transparency, and accelerate cash cycles.
On the policyholder side, Transcard enhances the customer experience by offering flexible payment options, faster refunds or claims payments, and clearer payment tracking. This dual focus ensures insurers can meet rising consumer expectations while maintaining control, compliance, and efficiency in their financial operations.
InvoiceCloud and Transcard together empower insurers to deliver a seamless digital experience by uniting billing, payments, and claims disbursements in one ecosystem. While InvoiceCloud drives premium collections and customer engagement, Transcard streamlines outbound disbursements — from claims payouts to refunds and lienholder payments.
By integrating InvoiceCloud’s intuitive payment portal with Transcard’s real-time, multi-rail disbursement capabilities, insurers can pay policyholders, vendors, and third parties faster, more transparently, and with greater flexibility. This joint solution reduces operational friction, accelerates claims settlement, and elevates policyholder satisfaction by ensuring funds are delivered quickly and securely, exactly where they need to go.