Electronic collection and payment facility, just a click away.
Escape Premium Collection (Pty) Ltd. was formed as a response to the influence of e-commerce, the Internet, increasing and onerous legislative requirements, as well as the changing role of insurance intermediaries.
Escape was initially created to provide a value added service- Electronic Collections and Payments- to short term insurance commerce. The efficiency of this innovative service and business model, being built around customer needs, has since evolved to serve a variety of industries which includes schools, gyms, sport clubs and even churches.
Escape ensures that their clients remain updated with the latest technological legislative changes. In light of this Escape has introduced ESFT (Secure file transfer) which is in the line with the Electronic Communication Act of 2002, ensuring safe and secure delivery of data to and from Escape.
Escape collects more than 300 000 monthly transaction. This is done via the processing of insurers and business debit orders on a monthly basis through our collection and payment channels.
Our present business initiatives & developments
• Customer loyalty programme
• Credit card collection
• Establishment of additional products i.e. PCF, administered collection facility, broker financing.