Direct loan disbursements from lenders to borrowers often comes with increased risk and default rates – not to mention a manual and expensive undertaking for finance teams. Usually involving manual processes of collecting debt account information, calculating payoffs, mailing checks and reconciling returned payments.
The Solution
Method's embeddable, developer-first API solution allows you to retrieve all of your user's debts, access live payoff amounts and make disbursements directly to your users' debts using just their phone number. Decrease default risk and delight users with a one-click payoff experience.
Balance transfers are necessary to increase utilization of your credit product. Implementing a balance transfer experience is a manual and expensive undertaking for finance teams. Usually involving manual processes of collecting debt account information, mailing checks and reconciling returned payments.
The Solution
Method's embeddable, developer-first API solution allows you to retrieve all of your user's credit cards, access live balance amount and make electronic payoffs to your users' cards using just their phone number. Method validates all debt account information in real-time and handles the entire payment process. Increase utilization and delight your users with a one-click balance transfer experience.
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