The Collections Snapshot offers a comprehensive overview for tracing a consumer and provides the facility for decision-making based on the viability of collection. It ensures a complete understanding of a consumer and their financial stability and empowers the credit provider to make accurate decisions.
Our solution provides you with an overview of a consumer to enable the collection of debt, in real time or batch.
It uses advanced predictive analytics to determine a consumer's possibility of repayment. it is available on our VerifyID platform.
It provides you with the insight to determine if a consumer can pay, when they can pay and what they can afford, making the collections process more efficient and effective.
VerifyID's Pricing is based on credits, 1 credit = R1.15. You purchase credits within the system and then with your credits you can purchase the available Searches and Services. Each service costs a variant of credits for example a Bank Account Verifications costs 15 credits or R 17.25.
| Service | Description | Credits | Rands |
|---|---|---|---|
| Collections Snapshot | Comprehensive view of a consumer’s possibility of repayment based on their past payment history and industry repayment trends. | 65 | R 74.75 |
