Transcard Announces Payment Solution That Accelerates Lienholder Endorsement and Payment Disbursement | PR Newswire [Video]

Transcard has launched a multi-party lienholder payment solution that digitizes and streamlines the traditionally slow check endorsement process. Developed with input from leading insurers and banks, the solution accelerates payouts, enhances visibility, and improves customer experiences. Part of Transcard’s SMART Suite, it integrates seamlessly with existing systems for secure and efficient B2B and B2C payments.

, /PRNewswire-PRWeb/ — Transcard, a leader in payment orchestration, announces an industry-leading multi-party lienholder payment solution. Created with input from several prominent insurers and lienholders, the solution streamlines the multi-party payment process when a lienholder is involved, digitally transforming the payment experience for all parties involved.

We are thrilled to bring our multi-party lienholder payments solution to market. Designed in collaboration with major insurers, mortgage servicers, and banks, we look forward to transforming the current lienholder endorsement process into an improved digital experience that reduces weeks to minutes.

Transcard’s solution replaces the slow, cumbersome process …