Huge initiative by Travelers; far too often even the slickest digitally transformed claims process falls down at the point of payment and funds into the customers account.
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Travelers Customers Can Receive Payments via PayPal
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PayPal is a digital payments platform that provides users with access to financial services including a digital wallet to send or receive money as well as make purchases anywhere PayPal is accepted. By distributing claims through PayPal, funds are usually delivered the same day that payment is issued by Travelers. The company’s Workers Compensation claimants are expected to be eligible to receive payments via PayPal in 2020.
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