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Payment Solutions
Payment Solutions for SMEs
Domestic Pay as you go
Cost to serve
- Keypad uses a virtual key in the form of an encrypted code and therefore does not have the added cost of tokens an average of 20% of all tokens issued are lost or stolen = value of £70K per 100K Key meters.
- In a two year period it cost the industry £34 million to convert direct debit customers to PP and PP customers back to direct debit with Keypad this is done remotely at no cost.
- Debt is managed on the Client Software and not held in the meter allowing for better debt transfer and management.
- No mis-directed payments and associated costs.
- Eliminates fraud.
Customer satisfaction
- No forced disconnections during Holidays and weekends.
- No Bills.
- Flexible vending infrastructure.
- Easy access to consumption data (Freedom unit).
Fuel poor
- Lower cost to serve delivers lower PP tarrif.
- Customer specific consumption data better budgeting.
- Social inclusion.
Energy Conservation
- Customer interface delivers consumption data in simple format.
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