While payment security was critical, Mutual of Omaha also was seeking a solution to process Web-initiated premium payments and to have all credit card payments posted to the policyholder’s account, without manual intervention, says FTNI. The ETran platform was designed to incorporate PCI-compliant credit card processing, check scanning and ACH processing on a single, managed platform to help clients reduce costs, accelerate timelines and improve transaction processing quality.
“Providing a PCI-compliant solution that streamlines the payment clearing and posting operation while reducing risk results in savings to [Mutual of Omaha’s] bottom line,” says Kurt M. Matis, president of FTNI.