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The Evolution of Payment Processing in the Auto Industry
The automotive industry has seen some significant changes over the years, and one of the most impactful areas is payment processing. As technology advances, dealerships are adopting more streamlined and efficient ways to handle transactions. PayJunction has been at the forefront of this evolution, providing solutions that simplify payments, enhance customer satisfaction, and increase profitability. Let’s look at how payment processing in the auto industry has evolved and where it’s headed next.
PayJunction Team
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Everything You Need to Know About Automotive Credit Card Processing
Automotive dealerships increasingly embrace digital solutions to keep up with changing consumer expectations. With customers demanding seamless and flexible payment options, having a robust credit card processing system is essential for running a successful automotive business. Let’s explore what automotive credit card processing entails, its benefits, and how it can transform your dealership’s operations and customer experience.
PayJunction Team
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How to Elevate Your Dealership's Payment Security
In June 2024, a prominent software-as-a-service (SaaS) solution provider for automotive dealerships faced two severe cyber attacks. These incidents disrupted operations for approximately 15,000 car dealerships that rely on the solution for various operations, including sales, customer relationship management (CRM), back office administration, billing, financing, inventory management, service, and support.
Ursula Librizzi
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Efficiently Manage Your Multi-Location Dealership
Large, multi-location auto dealerships operate complex business hierarchies, with headquarters overseeing multiple automotive brands, locations, departments, and staffing roles. This operating model presents unique challenges with accepting, managing, and analyzing payment activity. Typically, each location has dedicated merchant services and bank accounts.
Ursula Librizzi
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How United Toyota Dealership Benefits From PayJunction Payment Processing
Forman Automotive, formerly Rogers & Rogers, is your typical multi-location auto dealership. Each day is busy as Forman Automotive features various brands at it's multiple locations, including United Toyota.
Christina Lavingia
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Auto Dealers Streamline Service Operations with Safe Payment Solutions
Managing an auto dealership’s service operations in good times is stressful enough. The coronavirus pandemic demands even more from service techs, requiring them to adopt business practices that adhere to health and safety standards. And it all must be done without compromising the service experience.
PayJunction Team
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