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One Inc: Partners Mastercard for real-time insurance payments

One Inc: Partners Mastercard for real-time insurance payments

  • One Inc provides insurance companies a digital payments platform designed to increase retention, decrease admin expenses
  • Announced plans to disburse claims through Mastercard virtual cards and Mastercard Send
  • ClaimsPay the partnership builds on a shared vision to deliver near-instant, secure payments
  • The partnership is the latest initiative aimed at digitalizing the entire insurance payments stack with an alternative to checks
  •  It arrives at a time when virtual card adoption is expected to accelerate to over $5 trillion in transaction value by 2025
  • This partnership with Mastercard empowers insurers to offer greater peace of mind to claimants in the face of unexpected accidents or disaster
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