Get the Complete Package for Managing your Refund Payments
Rebate Refund Disbursement Services helps Companies get a complete package to manage and maintain their outgoing refund payments based on set business rules. For real-time disbursements, you can send instructions to initiate a payment using our secure administration system or our Rebate’s application programming interface (API).
Get payments sent out through Paper Checks, Digital Checks, or ACH using preferred or existing file specifications.
- You send the instruction file to Rebate through or secured administration system or automate it through our API.
- Rebate checks the file for errors and duplicate disbursement, as well as ensures it passes OFAC requirements.
- Rebate sends out the money to the recipient.
- You pull the response and adjustment files back through the same secure process as you would traditional payment activity.
INDUSTRY-LEADING FEATURES
- Recipients get paid quickly and easily
- Paper Check, Digital Check, and ACH(Automated Clearing House) payments
- Payments clearing in real time
SECURE
- Industry-leading security
- Positive Pay security
INFORMATIVE
- Eliminates operator/analyst keying and decision errors
- Increases positive dispute case resolution rates
- Reconciliation file delivery
- Your staff can initiate payment refunds and re-issue payments
PRODUCT BENEFITS
- Reduce costs by leveraging Rebate’s economies of scale to lower the cost of sending checks.
- Increase payment insight by enabling you to efficiently administer the entire payment lifecycle, ensuring accurate and efficient credit and refund management. Increase accuracy and consistency: Offers a view into all electronic disbursement services with access to instant payment information and on-demand reporting from a web-based interface.
- Improve customer service by releasing credits/refunds faster and provide customer service representatives access to real-time check copies to answer customer service inquiries.
- Eliminate potential sources of error by automating reconciliation activities, connect to on-demand reports to protect against fraudulent activity, and leverage RebateFirm’s technology to help uncover and eliminate payment errors.
- Get a complete package to manage and maintain outgoing payments based on your business rules. For real-time disbursements, you can send instructions to initiate a payment using the Rebates application programming interface (API). For check and ACH payments, Rebates Disbursement Services let you use preferred or existing file specifications.
SPEED AND ACCURACY MEANS IMPROVED CUSTOMER SERVICE
- Rebates solution releases payments quicker
- Consumers enjoy good service if they call since Rebate provides real-time reporting
- Using a web-based tool, consumer service representatives can see check copies, whether the check has cleared, and the clearing date
- For check payments, representatives can take action, such as stop, stop and refund, and stop and re-issue
- Consumers enjoy good service if they call since Rebate provides real-time reporting
- Using a web-based tool, consumer service representatives can see check copies, whether the check has cleared, and the clearing date
- For check payments, representatives can take action, such as stop, stop and refund, and stop and re-issue.
- You decide how the funds will be sent to the consumer — in real-time using Digital Checks or ACH, or get paper checks sent out through the USPS – allowing you to manage how funds disburse.
- Checks are printed by Rebate on an account owned by you — meaning you maintain ownership of the funds and manage the clearing of consumers’ checks.
- Ease of use:
- For Administrators: it offers powerful administrator tools for exceptions, reporting, research, and more
- For Payees: offers clear and transparent refund choices, robust communications, and simple-to-use online portals
- Workload reduction: fully supported by expert refund customer service for every aspect of the process and provides comprehensive communication with recipients, every step of the way, reducing customer service calls
- Improved control of the refund process with an easy-to-use secure administration portal that offers individualized access levels for administrators
IMAGINE A REFUND PROCESS THAT IS SIMPLE, COMPLIANT, AND EASY TO USE!
Take the headaches and inefficiencies out of sending money to consumers. Part of RebateFirm’s comprehensive payout solutions, using Rebate to improve customer service, reporting, and security. Some of the nation’s largest corporations use Rebates electronic disbursement services for situations like credit card balance transfers, overpayment, the return of prepaid funds, refund of fees, insurance claims, loyalty rewards, and more. Plus, with Rebates economies of scale, you save money on disbursements.