New digital payment channel for BSP Life customers

New digital payment channel for BSP Life customers

By Krishneel Nair
Thursday 04/08/2022
BSP Life Managing Director Michael Nacola

BSP Life in collaboration with BSP Bank has launched an Internet Payment Gateway that allows customers to pay Life and Health insurance premiums from anywhere and anytime, using a BSP EasyCard or any VISA branded card.

BSP Life Managing Director Michael Nacola says their online payment portal is a convenient and safe way to pay, supporting their endeavour to provide world-class service making life and health insurance more accessible to Fijians.

Nacola says their recent experience shows that consumer behaviour has changed significantly with heightened demand for digital solutions.

He says customers can now generate quotes, access their vast Advisor network, receive policies electronically, pay premiums, lodge claims, and view information 24/7 on BSP customer portal

BSP Bank Country Head, Haroon Ali says digital payments eliminate the hassle of carrying cash and waiting in queues.

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Ali says they are delighted to welcome BSP Life to the growing group of IPG merchants whose customers enjoy a seamless payment experience.

He says they are glad to provide a hassle-free option for BSP Life customers to make payments from anywhere in the world.

As one of Fiji’s largest institutional investors, BSP Life’s investment portfolio is now valued at over $900 million.

The portfolio includes a number of landmark commercial properties in the Suva CBD, a gated high-end residential property, majority shareholding in Richmond Pte Limited trading as Sofitel Fiji Resort and Spa and 100% ownership of Oceania Hospitals Pte Limited and Future Farms Pte Limited trading as Rooster Poultry.

BSP Life says the Investment portfolio is balanced and diversified to ensure returns are optimized for customers who have a direct interest in the portfolio as Policyholders.

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