In an era where convenience and efficiency are paramount, the automotive industry is rapidly embracing digital solutions to cater to evolving consumer demands.
As the Keyloop Partner Ecosystem continues to expand, I’m delighted to share news of Bumper’s latest innovation, aimed at helping retailers deliver a seamless digital payments solution for consumers.
Seamless and easy – exactly how it should be.
Bumper, a leading payments provider in the automotive sector and certified Keyloop Partner announces its PayNow product. This cutting-edge digital payment method enables customers to pay digitally in full, from the comfort of their own homes.
Embracing the digital frontier
The latest offering from Bumper is designed to make it easy for retail customers to find a hassle-free method to pay for car repairs. Whether it’s routine servicing, essential repairs, or the purchase of parts and accessories, PayNow facilitates seamless digital payments and gives consumers an easy way to split repair bills into interest-free payments.
A two-pronged approach: PayNow and PayLater
Bumper understands that different customers have different preferences. For those who prefer settling their bills in full, PayNow provides the perfect solution. This digital payment solution allows retailers to send secure payment links directly to customers, enabling them to pay for their car services remotely. The process is not only efficient but also GDPR compliant, ensuring complete protection of customer data.
For customers seeking financial flexibility, Bumper’s PayLater product enables them to spread the cost over monthly instalments, interest-free. This dual-pronged approach empowers customers to choose the payment method that aligns best with their preferences and financial situations.
The power of PayNow
PayNow’s capabilities extend beyond mere convenience. This digital payment platform offers a range of benefits that amplify the overall customer experience and business operations:
Safety and security: It prioritises security, providing customers with a safe environment for making digital payments. By adhering to industry standards and best practices, Bumper ensures that every transaction is conducted securely.
GDPR compliance: In an era where data protection is paramount, PayNow takes the extra step to ensure GDPR compliance, safeguarding customer data and maintaining their trust.
Integration: Seamlessly integrated with websites, Vehicle Health Check (VHC) systems, and your Keyloop DMSPayNow fits effortlessly into existing dealership operations. It supports both remote and on-site transactions, adapting to the needs of the customer.
Transparent pricing: With PayNow, automotive retailers benefit from a pricing structure that is both transparent and cost-effective. No more hidden fees or unexpected charges.
No extra fees: It doesn’t burden retailers with additional expenses like card reader fees or monthly charges. It’s a straightforward solution that adds value without straining budgets.
Shifts in consumer demands
Statistics reveal an obvious shift in consumer preferences, with digital payments gaining significant traction:
- In 2023, 65% of global consumers preferred using digital methods for payments, a number that continues to rise.
- Online and mobile payments have surged, driven by convenience and the rise of e-commerce, with a 55% increase in online transactions in 2023.
Bumper’s PayNow seizes upon these changing dynamics, offering a solution that aligns with modern consumer preferences and expectations.
How Bumper can help
Bumper’s PayNow stands as a testament to the automotive industry’s commitment to innovation and customer satisfaction. By offering a secure, efficient, and flexible method of digital payments, Bumper is reshaping the way customers interact with franchise dealerships. As the digital landscape continues to evolve, PayNow’s versatility positions it as an invaluable tool for both customers and retailers, enhancing the payment experience and setting a new standard for convenience in car repairs.
Bumper is committed to automotive payment innovation and has been featured on the Financial Times Top 1,000 fastest-growing companies in Europe for three consecutive years. They are backed by industry giants such as Porsche Ventures, Jaguar Land Rover – InMotion, AutoTech Ventures, Revo Capital, and Itochu .
