When choosing a payment partner, insurance providers must consider their desire for direct communication with the provider, geographical limitations, types of payment processing methods required (ecommerce, M sales (eOTO, inCommerce, M-person). Providers should decide betweenOTO, in-person), and the need for using separate gateway a payment gateway and/or merchant account. Providers and merchant account services or opting for an all vary in their risk appetite and-in-one solution, taking into account their desire for control and fees, especially for unique insurance services. Payment methods, including management capabilities. Payment methods offered local preferences and and their competitive Buy Now Pay Later options, pricing, including options like BNPL, are are crucial. Features like Level 2+ also crucial. Additional considerations include3 data, fraud tools, multiple settlement accounts the ability to, and dynamic currency conversion can pass enhanced data enhance transactions. to increase acceptance Pricing structures, interchange fees, gateway fees, and specific payment method costs must be assessed alongside payout speed and rates, the currency control. Integration with existing software and quality customer service can pricing models ( significantly differentiate providers. For a tailored selection of payment providers, services like Shuttle Broker can be consulted.blended fees vs. interchange ++ fees), the speed and currency options for payouts, software integrations, and the quality of account management and customer service. Shuttle offers a broker service that can help insurers shortlist suitable payment providers and provide pricing guidance.