AUTO & VEHICLES


Manage payments on behalf of car buyers, dealers, and individual sellers, generating new revenue for your marketplace without any extra overhead.

Auto & vehicle marketplaces


BOOST GROWTH WITHOUT ANY EXTRA OVERHEAD


Facilitate the collection and disbursement of holding deposits and entire car purchases

Collect a flat or percentage fee from car buyers, dealers, individual sellers, or any combination you prefer

Create referral opportunities and revenue through the on-selling of insurance, accessories, and more

Offer users choice and convenience, while providing a safe and secure experience without leaving your site

Feature Image

Car buyers


Feature Image

PAY SIMPLY, QUICKLY AND CONVENIENTLY


Pay for car holding deposits, entire car purchases, and release funds only when satisfied

Multiple payment methods including credit and debit cards, bank transfers, and PayPal

Buyers can pay anywhere, on any device at any time in a simple, convenient, and hassle free way

No need for cash, paper checks, time wasted visiting banks, or trips to dealerships to make payment

Dealers & individual sellers


COLLECT PAYMENTS EASILY AND HASSLE FREE


Dealers and individual sellers can collect car holding deposits and entire car purchases in minutes

Sellers can secure car buyer payments quickly allowing them to take cars off the market faster

No need for cash, paper checks, time wasting visits to the bank, or chasing car buyers for payment

Dealers can use custodian, trust, or holding accounts managed by PromisePay, or use their own

Feature Image

Silicon Valley is finally turning its attention to the auto industry, and we see good reason to be excited about the next-gen upstarts that are changing the way we buy, sell, use and pay for cars.


Built for auto


Perfect for collecting and disbursing car payments

 

CAR DEPOSIT


For a car buyer to hold or reserve a vehicle, your marketplace can collect a holding deposit and disburse it to dealers or individual sellers.

 

FULL CAR PURCHASE


For the sale of a vehicle, your marketplace can facilitate the entire transaction between car buyers and dealers or individual sellers, simply and compliantly.

 

WARRANTY HOLDING PERIOD


Collect full payment from the car buyer upfront, hold it securely in escrow, then release the funds to the dealer only once the warranty period has expired

 

ADVERTISING FEES


To collect advertising fees from agents or property owners, your marketplace can create automated subscription billing, reminders, and payment collection.