Seven of the top ten automotive brands use Onbe’s payment services
Company assists major automotive brands, dealerships, service providers and banks with rebates, sales incentives and other disbursements
CHICAGO and PHILADELPHIA CREAM, April 21, 2022 /PRNewswire/ — Onbe, a leading enterprise cash fintech, today announced that its automotive business is growing as seven of the top 10 automotive brands, along with dealerships, service providers and of banks nationwide trust Onbe for their payment solutions. Onbe provides automotive-focused businesses with a range of services, including solutions for service center promotions, auto loan repayments, settlements, test drive incentives, sales incentives, simplified payroll , loyalty programs and appeasement measures. Onbe helps ensure quick and easy disbursements within the automotive industry.
“Auto-centric brands are embracing digital payments, especially as new, younger customers look to purchase vehicles. These consumers want more end-to-end digital automotive experiences, from selection to financing to by maintaining their vehicles,” said Bala Janakiraman, CEO of Onbe. “We have seen phenomenal growth in this sector as Onbe provides a range of essential payment solutions across the automotive ecosystem.”
Onbe’s 2021 Automotive Payments Study found that to best reach millennials, automotive companies must design a marketing program that meets their preferences for instant gratification and seamless digital experiences. Whether it’s offering a loyalty program, encouraging car owners to return to the same service center, or providing immediate car loan repayment, virtual payouts are key to motivating millennials — and their parents and their younger siblings, who also prefer digital experiences – to engage with brands online, via mobile and in person.
To learn more about Onbe’s automotive solutions, click here. Onbe will also participate in the Automotive Finance Innovation Summit of the April 25-262022 in San Diego, which will showcase today’s technology and tomorrow’s innovation-driven opportunities to position automotive companies for success in this rapidly changing digital age. Onbe is sponsoring the mid-morning coffee break on Tuesday, from 10.30am-11.15am local hour. Participants are encouraged to stop by and say hello for a chance to win a prize. For those who haven’t registered yet, use code ONBE15 to save 15% on tickets.
With over 25 years of industry experience and offices in Chicago, philadelphia cream and London, Onbe is a fintech that manages and modernizes customer and workforce disbursements for enterprise customers ranging from the middle market to the Fortune 500. Onbe’s expert team and technology platform offers customers a turnkey solution to offload all of their B2C payment transactions, relieving them of the cost, complexity and risks associated with orchestrating these payments in-house. Backed by leading investors, Onbe delivers on today’s consumer expectations for instant, digital and seamless payments. To learn more, visit www.onbe.com and follow us on LinkedIn.