Provide simple and efficient payment options for customers
- The Customer:
Carfinco Inc. provides vehicle financing to consumers in all Canadian provinces who are unable to obtain funding from traditional lending sources.
- The Challenge:
Carfinco needed an inexpensive and efficient solution for customers to make one-time or recurring payments.
- The BluePay Solution:
To reduce payment cycles and save time and costs associated with traditional check and online banking payments, BluePay implemented both a hosted payment form and a pay-by-phone option.
- Solution Benefits:
Using these simple and secure payment acceptance solutions, Carfinco has benefited from an improved payment cycle, reduced days sales outstanding (DSO), and more satisfied customers.