Lightico PayNearMe Partnership Adds Payment Options to Digital Completion Suite

The integration adds powerful payment options to Lightico’s to Digital Completion Suite for customer-facing interactions.

(Image source: PayNearMe homepage.)

Lightico, a New York-based vendor offering a next-generation platform for digital customer interactions for the insurance market, has announced a partnership with PayNearMe (Santa Clara, Calif.), a payments platform focused on easing the payments process for both businesses and their customers. The partnership will provide existing and new Lightico clients a wide range of payment options for their customers all from within Lightico’s Digital Completion Platform, according to a Lightico statememnt. The integration will augment businesses’ ability to complete B2C deals such as auto loan originations and servicing digitally and instantly, the statement asserts.

Zviki Ben-Ishay, Co-Founder and CEO, Lightico.

PayNearMe’s technology processes cards, ACH, mobile-first options such as Apple Pay and Google Pay as well as cash via its proprietary network. PayNearMe enables management of the end-to-end customer payment experience through a single platform businesses in consumer finance, property management, insurance and other industries.

“Lightico’s Digital Completion Cloud enables businesses to digitally complete entire customer journeys seamlessly and match the ‘Amazon standard,’” comments Zviki Ben Ishay, CEO and Cofounder, Lightico. “The new partnership with PayNearMe is a significant step towards making all types of payments—including cards, ACH, digital wallets—more accessible, easy and secure on the platform.” 

Launched in September of 2021, Lightico describes its Digital Completion Cloud as a no-code, mobile-first solution for companies that enables them to quickly and seamlessly complete high-friction interactions with customers such as auto loans, insurance claims and onboarding or opening of new financial accounts. Unlike existing siloed solutions offered by legacy eSignature providers the Digital Completion Cloud unifies eSignature, document collection, identification and verification, payment and more to enable B2C interactions to be completed in a highly convenient and efficient multi-purpose channel, the vendor says.

Joe Rodriguez, VP of Strategic Partnerships and Channel, PayNearMe.

Making Payment and Deal Completion Frictionless

“We are excited to partner with Lightico to deliver the payment experience and journey that consumers have come to expect.” said Joe Rodriguez, VP of Strategic Partnerships and Channel, PayNearMe. “We’re meeting the challenge of making payment and deal completion as frictionless as possible for both consumers and businesses—truly a win-win.”

“Together Lightico and PayNearMe will accelerate the ability of businesses to complete end-to-end deals quickly and efficiently,” adds Lightico’s Ben Ishay.

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Anthony R. O’Donnell // Anthony O'Donnell is Executive Editor of Insurance Innovation Reporter. For nearly two decades, he has been an observer and commentator on the use of information technology in the insurance industry, following industry trends and writing about the use of IT across all sectors of the insurance industry. He can be reached at [email protected] or (503) 936-2803.

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