Frequently asked questions

Need something cleared up? Here are our most frequently asked questions.
How does Yariex handle payment reconciliation?

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.

Does Yariex support multi-currency payments?

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

How can insurance companies leverage Yariex's services?

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.

What services does Yariex Payment Rail offer for insurance companies?

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.

Can Yariex process real-time reimbursements?

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.

What additional tools does Yariex provide?

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.