Prevention is always proven to be better than cure. In 2012, Oriel launched a platform to help students better manage their payments by enabling them to create fully-managed payment plans using the FlexPay portal. This service has transformed collections in the education sector, unique to Oriel. FlexPay picks up where payment platforms and automated credit control naturally end, by offering a fully staffed credit control team to manage flexible payment plans that can be tailored to each individual customer, managed through their own unique account login and serviced by FCA and CSA regulated and accredited agents.
Although launched within the education sector, FlexPay now provides a convenient and risk-free addition to offering payment by instalment in multiple sectors, knowing that any customer or student referrals to FlexPay will be handled from first instalment to last, backed by a comprehensive debt recovery strategy, should it be required. This is not a credit facility, so no loans, interest or credit-checking takes place. Flexpay is a payment management service that ensures customers financial wellness is put at the centre of the transaction.
In many cases the service is free to clients, since many choose for the customer to pay a small fee for the benefit of using the service. All that you may need to pay is a similar transaction cost that you currently pay now. Visit our website for more information: https://flexpay.uk.com