Whether we’re buying something online or in-store, the number of payment options we now have at our disposal is enormous. With credit cards and debit cards in both our physical and digital wallets, we no longer need to rely solely on cash or check, and we can even complete transactions with our smartphones or watches.
No matter the purchase, we now have a plethora of ways to pay. But why can’t we have the same choice when it comes to our mortgage payments too?
In this episode of Forces in Fintech, we explore this very question and take a look at the solutions available for borrowers to pay off their mortgages using newer and more convenient means. We speak with REPAY’s Mortgage Vertical Executive, Erik Skinner, to understand the innovations transforming the mortgage payment space. We’ll take a look at the industry to find out why evolution in this sector is so important, and we’ll explore why mortgage providers need to update and expand their payment options.
We’ll also find out:
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1:10) – What were the career experiences that led Erik to REPAY?
(3.01) – What are the unique characteristics and complexities in the mortgage payments space?
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5:24) – What’s the competitive landscape like in mortgage payments?
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7:30) – What makes REPAY's service offerings unique?
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9:10) – Why are REPAY’s partnerships with Black Knight and Visa game changers?
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11:50) – What is the growth opportunity like in this space?
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13:06) – What is REPAY’s GTM strategy in this vertical?