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Car Owners Want Control Over How They Pay. How Should Dealerships Respond?
New PayJunction Data Reveals the Importance of Payment Choice at the Dealership When dealerships add a credit card surcharge, customers don't necessarily walk away. They adapt.
Randy Modos
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Debit Card Fees: Why Optimizing Debit Matters
Many dealerships have taken an important step toward lowering payment acceptance costs by implementing credit card surcharging. By using a surcharge to pass eligible credit card processing fees to customers who choose to pay with credit, they're protecting more revenue from every repair order, parts purchase, and vehicle sale.
PayJunction Team
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Rethinking the Fixed Ops Checkout: Capture More Profit on Every Repair Order
Payment processing is one of the few controllable expenses left in today's dealership.
PayJunction Team
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The Modern Automotive Payment Experience: The Rise of Alternative Payment Options
Payment choice and flexibility are of critical importance for dealerships with an eye on long-term growth. This key finding is an overarching theme from a recent survey commissioned by PayJunction, that surveyed 500 U.S. consumers who own a vehicle, possess a credit card, and have visited a dealership within the past 12 months. The strongest lesson from the data is not that consumers prefer one payment method over another. It's that consumers want options. Whether they choose a credit card, debit card, cash, check, or Buy Now, Pay Later solution depends on their circumstances, financial goals, and stage of life.
PayJunction Team
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The Modern Automotive Payment Experience: What Surcharges Actually Influence
Payment choice and flexibility are of critical importance for dealerships with an eye on long-term growth. This key finding is an overarching theme from a recent survey commissioned by PayJunction, that surveyed 500 U.S. consumers who own a vehicle, possess a credit card, and have visited a dealership within the past 12 months.
PayJunction Team
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Credit Card Surcharge: Fees, Rules, and Implementation Considerations for Veterinary Clinics
Veterinary practices continue to face rising costs, from medical supplies and technology investments to staffing and facility expenses. At the same time, more pet owners than ever prefer to pay with credit cards, making payment processing fees a growing operational expense for many clinics.
PayJunction Team
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