In the fast-paced world of lending, one thing is clear: efficiency matters. Whether it’s disbursing funds to your customers quickly or ensuring smooth collections, every part of the payments journey is crucial to the success of a lending business. That’s where Acquired.com comes in, offering a range of products designed to make life easier for lenders. From quick disbursements to smart collections, Acquired.com’s unified payments ecosystem provides everything you need to streamline the loan lifecycle.

Here’s how Acquired.com can help lending businesses like yours manage their payments ecosystem, from start to finish.

Instant Disbursements

A key challenge for lending businesses is providing quick access to funds. Customers increasingly expect loans to be disbursed as soon as they are approved, and any delay can affect satisfaction and retention. Acquired.com offers several payment rails to facilitate instant disbursements, enabling lending businesses to send payments directly to their customers’ bank accounts or cards in real time.

Faster Payments: By connecting to the UK’s trusted Faster Payments network, you can instantly transfer loan funds directly into your customers’ bank accounts.
Visa Direct: For customers who prefer using their Visa debit or prepaid cards, Acquired.com makes real-time payments easy, sending funds where they need to go in seconds.
Mastercard Send: If your customer has a Mastercard debit card, the process is still fast and secure. With instant transfers, you can disburse loans quickly and efficiently.

These disbursement options provide lenders with the flexibility to meet the needs of a diverse customer base, improving customer satisfaction while streamlining the payments process.

Smarter Collections

While disbursements are all about speed, collections require a more nuanced approach, one which has the customer experience at the centre. Keeping up with repayments can be a challenge, especially for vulnerable customers. Acquired.com simplifies this process by offering a variety of payment options to make collections hassle-free.

Direct Debit: Acquired.com’s Direct Debit system is powered by APIs, meaning you can set up and manage payments automatically, with minimal effort. Reduce time spent on manual file uploads or chasing payments—everything runs in the background, smoothly and efficiently.
Recurring Card Payments: Want to take card payments on a regular basis? Acquired.com supports continuous payment authorities (CPAs) for both debit and credit cards, including Apple Pay and Google Pay. Plus, with Network Tokenization, card details stay up-to-date automatically, so you can reduce failed payments caused by expired cards.
One-Off Payments: For one-off payments, Acquired.com offers Pay by Bank, a secure and cost-effective option. By skipping interchange fees and offering instant settlement, it’s a win-win for both you and your customers. You can even create custom payment links as needed without the need for a separate integration.

Data & Reporting

A major advantage of using Acquired.com’s unified payments ecosystem is the comprehensive data and reporting features. Lending businesses gain access to a full suite of transaction reporting tools that allow them to monitor payment histories, manage fraud, and reconcile collections effectively.

Customer Payment History: Whether it’s real-time data or historical transactions, you can keep track of everything. This is particularly helpful for customer service teams when they need to look into failed payments or check on a customer’s payment history.
Fraud Detection: Acquired.com helps you stay ahead of the game when it comes to fraud. Automated workflows and access to relevant data mean you can catch issues before they become big problems, helping to keep your business safe.
Reconciliation: Need to get a clear picture of your cash flow? Acquired.com delivers daily reconciliation data from its acquiring partners, all wrapped up in a single file. This means you can see exactly what’s impacting your bottom line, without having to piece together data from different sources.

For lending businesses, having a smooth, reliable payment system can make all the difference. With Acquired.com’s all-in-one payments ecosystem, you can handle everything from instant disbursements to efficient collections, all while keeping a close eye on your data. By offering solutions that could make your payments journey faster, simpler, and more transparent, Acquired.com helps you focus on what really matters—growing your lending business and keeping your customers happy.

Whether you’re just looking to speed up disbursements or need a full-scale collections solution, Acquired.com has you covered. It’s payments made simple, so you can get back to doing what you do best.