Itron Prepayment Management Platform (IPMP)
Product Detail
Itron Prepayment Management Platform (IPMP) offers STS prepayment, hybrid or STS Token Over the Air for AMI-enabled STS prepay meters and AMI-based thin prepayment. This is available for residential and large power users of electricity, gas and water. This prepayment solution ensures the utility receives cash flow in advance of usage. Outstanding debt can be collected as a portion of each vending transaction and new debt, or delinquent accounts are prevented from forming, while fraud risk is decreased. IPMP provides value to both utilities and consumers in numerous ways. Utilities can provide a higher level of service to consumers, who in turn, are empowered to directly and proactively manage energy use and cost. This solution combines significant experience and innovative technology to offer prepayment services which:
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- Reduces utility arrears and write-offs by 80% or more
- Helps customers reduce their carbon footprint by 3-12%, while saving money
- Provides more than 80% customer satisfaction!