Convert customers on-the-spot via text message
Let’s see Jill's experience in action
Jill sends an SMS to the phone number in the car loan advertisement and receives an SMS back with an Instant Link
Jill accepts the Terms & Conditions and clicks on the link. Payfone authenticates her device behind the scenes
Payfone uses the name and address on file at her mobile operator to provide a match with her credit bureau records
The credit bureau completes the underwriting process with the lender and Jill is approved for a $15,000 car loan
Jill receives an SMS telling her she’s been approved for a $15,000 car loan (as well as all of the pertinent details)
Jill is thrilled that she's one step closer to getting a new car
Did You Know?
- This experience can be enabled in messaging apps such as WhatsApp and Snapchat, or on a mobile website, laptop or tablet.
- If Jill doesn’t accept the Terms & Conditions, she can choose to apply for a loan the Business as Usual way with forms.
- With Configurable Enrollment Rules and Trust Score, Payfone can now authenticate every login and every digital engagement for every end-user, creating a VIP lane for the legitimate. Known and suspected fraud, as well as unknown cases are delineated for further inspection using step-up authentication processes.
Creating an account is a snap. Get access to:
- Product Manager Resources
- Developer Resources
- Info-Sec Resources
- Implementation Guides
- Call Flows
- Data Coverage Stats
- Configurable Enrollment Rules