SAN CLEMENTE, Calif.,
June 23, 2016 /PRNewswire-USNewswire/
-- DealerSocket's FEX DMS has added to Independent dealers' payment
processing options by fully integrating with ProPay's LenderPay
platform, a leading credit processing platform for complete,
end-to-end payment solutions that are simple, secure and
affordable. This partnership will provide FEX users with more
options to select the credit processor that best serves their
dealership's unique needs.
"Dealers who take advantage of this integration will benefit
from significantly lower, transparent merchant card processing
fees, as well as a convenience fee option for those who want to
eliminate the cost of card processing," said Cameron Darby, Chief Operating Officer at
DealerSocket. "In addition, dealers can now accept credit cards,
debit cards and electronic bank transfers without ever leaving the
DealerSocket platform."
"By embedding both real-time merchant account setup and
activation all within their native application, DealerSocket has
taken a giant leap beyond anything currently seen in the automotive
industry," said Dave Duncan,
president of ProPay, a TSYS company.
The automated solution features dealership bank settlement
reconciliation all within DealerSocket, embedded within a platform
that is fully compliant with Payment Card Industry Data Security
Standards (PCI DSS). A simple, one-click enrollment process means
dealers can immediately start taking payments through ProPay.
Making a payment is easy for consumers too, with on-demand
one-click payment options.
The ProPay LenderPay integration is now available for FEX DMS
users, and it will be part of DealerSocket's new iDMS to be
released this year.
Dealers who want more information on ProPay, including how to
start using it at their dealership, can contact a DealerSocket
representative at (866) 701-4393 or online at DealerSocket.com/IND.
About DealerSocket
DealerSocket is a leading
automotive technology platform that helps dealerships in
the United States, Canada, and Australia improve profitability through a
fully integrated suite of marketing, sales, service, customer
experience, DMS, websites, data mining, and inventory management
solutions. Headquartered in San Clemente,
Calif., DealerSocket employs more than 1,000 people, serves
more than 10,000 dealerships and 300,000 active users in
the United States, Canada, and Australia. DealerSocket's advanced technology
provides benchmarking data that paces the industry, and its
insightful experts identify trends and develop strategic roadmaps
that help dealers optimize processes and operate more profitably.
Visit DealerSocket.com/IND for more information.
About ProPay
Since 1997, ProPay has provided simple,
secure and affordable payment solutions for organizations ranging
from small, home-based entrepreneurships to multi-billion-dollar
enterprises requiring complex payment solutions. ProPay's
ProtectPay platform provides software integrators, payment
facilitators and SaaS providers with all the tools necessary to
easily implement payments processing. As a leading provider of
complete end-to-end payment security solutions, ProPay helps reduce
the client organization's risk of sensitive payment data
compromise. ProPay is a wholly owned subsidiary of TSYS (NYSE: TSS)
and is a leader in payment data security. For information, visit
ProPay.com or call (888) 227-9856.
About TSYS
At TSYS, (NYSE: TSS), we believe payments
should revolve around people — not the other way around. We call
this belief People-Centered PaymentsSM. By putting
people at the center of every decision we make, TSYS supports
financial institutions, businesses and governments in more than 80
countries. Through NetSpend, a TSYS Company, we empower consumers
with the convenience, security and freedom to be self-banked. TSYS
offers issuer services and merchant payment acceptance for credit,
debit, prepaid, healthcare and business solutions.
TSYS' headquarters are located in Columbus, Georgia, with local offices spread
across the Americas, EMEA and Asia-Pacific. TSYS provides services to more
than half of the top 20 international banks and has been named one
of the 2015 World's Most Ethical Companies by Ethisphere
magazine. TSYS routinely posts all important information on its
website. For more, please visit us at tsys.com.
Logo - http://photos.prnewswire.com/prnh/20150909/265190LOGO
To view the original version on PR Newswire,
visit:http://www.prnewswire.com/news-releases/dealersocket-integrates-with-propay-to-expand-independent-dealers-payment-processing-options-300289315.html
SOURCE DealerSocket