My-Insurer & Wellnex Signed with Grab to offer PayLater by Grab to its Merchants & Members9/28/2021
PayLater is a post-payment service by Grab that lets you:
• Pay in 4 instalments, • Pay next month in one bill The flexible payment options allow customers to enjoy more of what they love today, while giving them the freedom to manage their finances and pay later. Wellnex team has decided to increase the value proposition and offers to all its members the opportunity to make lifestyle and health services more affordable. Now with Wellnex, you will be able to afford comprehensive health screenings, maternity packages, dental reconstructive services or physiotherapy packages. GrabPay is integrated in the Wellnex App. Users can top-up credit and pay using their GrabPay integrated Wallet for Wellnex merchants and clinics. Customers can choose to pay in 4 equal instalments or in one bill the next month. Wellnex will pay its merchant in full within 2 days and Grab will notify the customer of upcoming repayments, which are automatically deducted from their GrabPay balance or their linked card in case of insufficient GrabPay balance. No additional fees are charged to the customer as long as payments are made on time. We are confident that with this new features that will be available third week of October, Wellnex will be able to position itself even more as a differentiating app for all Financial Advisors Clients. All our FA Clients can now activate a 2-factor authentication for even better security !
WELLNEX & My-Insurer remain a small start-up. Most start-ups decline to share data as they fear to disclose how small, fragile and poorly performing they are. Well, at WELLNEX & My-Insurer , we decided otherwise! We want to show, despite being self-funded and highly conservative in our development, that we are growing steadily and sustainably. WELLNEX & My-Insurer are small but profitable, thanks to our clients ( Singapore Financial Advisors) that trust us since 2020 and work with us to make a difference in the Insurance industry. Here are some metrics as at August 2021! WELLNEX & My-Insurer is: - 996 FAs, - 47,000 policyholders, and - most importantly: 1,689 members that login and surf on our app at least once a month to use our services! We want more and target to reach 2,400 by January 2021! Let's try We will be launching more functionalities that focus on healthcare and lifestyle services!
This to serve more and better our Wellnex members! We are also trying to enhance our payment facilities to broaden our value proposition that FA are looking at. We have a lot of different surprises to truly becoming the first and leading insurtech in Singapore! |
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January 2025
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