Yariex Pay
Global Insurance
Payout Solutions

Your ultimate solution for real-time, borderless payments in the insurance industry. Whether you're reimbursing service providers or members, Yariex Pay ensures fast, compliant, and transparent transactions.
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Key Features

Unlock the full potential of your payment processes with Yariex Pay—experience seamless integration, real-time insights, unmatched security, and transparent pricing all on one powerful platform.
Multiple Ledger
Seamless API Integration
Manage all payments effortlessly (domestic, international, multi-currency) through a single API tailored for your org.
Commercial Card
Compliance and Security
Maintain compliance with SOC2 , Canada/US regulations and protect transactions with advanced bank account verification.
Multiple Ledger
Real-Time Tracking
Complete transaction visibility with real-time updates and instant notifications, ensuring control and transparency.
Money Movement
Competitive Pricing
Benefit from straightforward pricing with low transaction fees and competitive FX rates, free from hidden costs.
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One Single API for All Payouts

One Single API for All Payouts

Efficiently manage domestic, international, and multi-currency payouts, including policyholder reimbursements, claim payments, and scheduled batch processing—all through a single API.

Reconciliation

Enhance financial accuracy with seamless account reconciliation, transaction bundling for policyholders and service providers, and syncing payee information.
Reconciliation

Smart Pay

Boost efficiency with instant account verification and effortless retries for failed payments. Tailor Unpaid Claims (UPC) settings to streamline your process and keep payouts flowing smoothly.
SmartPay
Tracking

Tracking

Gain complete oversight with real-time transaction status monitoring and instant notifications for every payment.

Solutions

Integrate seamlessly with in-house or cloud-based insurance systems and claims software, supported by robust API health monitoring tools.
Solutions

Transparent Pricing

Enjoy clear, straightforward pricing with transparent transaction fees and competitive FX rates, free from hidden charges.
Transparent Pricing
Sandbox

Sandbox

Develop and test your integrations confidently in our secure, developer-friendly sandbox environment.

Global Payment Solution

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Canadian Payments
  • Interac e-Transfer Interac e-Transfer For Business
  • Electronic Funds Transfer Electronic Funds Transfer (EFT)
  • Visa Direct Visa Direct
  • Mastercard Send Mastercard Send
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International Payments
  • Nium
    220+ Markets
    Real-Time Markets
    100+ Currencies
  • Visa Direct Visa Direct
  • Mastercard Send Mastercard Send
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US Payments
  • ACH Automated Clearing House (ACH)
  • FedNow FedNow
  • RTP RTP
  • Visa Direct Visa Direct
  • Mastercard Send Mastercard Send
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Frequently Asked Questions

FAQs for Yariex Payment Rail for Insurance Companies View all

Yariex simplifies payment reconciliation by linking transactions to specific claims using provider IDs, policyholder IDs, and other identifiers. This ensures accurate tracking and reduces the administrative burden on insurance companies.

Yes, Yariex supports multi-currency payments, enabling insurance companies to handle transactions in various currencies and making managing international payouts and reimbursements easier.

Insurance companies can integrate Yariex's services through a single API, streamlining payment processes. Additionally, they can monitor and track transactions via a dedicated portal, schedule payments individually or in bundles, and use reconciliation tools that align transactions with claims by provider IDs or policyholder IDs. The platform also offers communication tools to inform payer and payee of transaction statuses and a helpdesk system to handle client inquiries promptly.

Yariex Payment Rail provides a comprehensive solution for real-time domestic and international reimbursements, multi-currency payments, and efficient provider payouts, all tailored to the specific needs of the insurance industry.

Absolutely. Yariex offers real-time reimbursement capabilities, allowing insurance companies to quickly disburse funds to policyholders and providers, enhancing the overall efficiency and customer experience.

Yariex offers a range of additional tools, including a communication platform to update both payer and payee on transaction statuses and a helpdesk system to manage client inquiries transparently and efficiently. These tools ensure smooth operations and high levels of customer satisfaction.
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