Garage Support 3 May 2020 ECP PR Reilly
Payment Assist offers a simple, short-term, interest free loan to customers who have a one-off or unexpected vehicle repair bill. Customers can spread the cost of a one-off bill/purchase over four equal payments interest and fee free. All that’s required is just a 25% upfront payment and garages are charged 7.5% of the invoice value.
Benefit for your business ■ Helps convert customers who cannot afford the large repair bill in one hit ■ Payment is made to your garage within 5 days ■ No risk to the business ■ Help you build a relationship with your customer Benefit for your cuStomer ■ Ability to spread the cost of an unexpected repair bill over a short time frame ■ No credit checks for bills less than €1,000 ■ 25% initial payment followed by 4 further interest free instalments ■ No arrangement fees
How does it work? ■ Log on to www.paymentassist.ie and login with your unique business details ■ Complete your customer’s details to set up an agreement. When the details are completed the payment instalments will be shown ■ Enter customer’s debit card details. (Credit card transactions are not allowed) ■ Once all details have been completed the customer gets a text to their mobile phone or message to their tablet to complete and sign ■ Assuming the application is successful, you will receive confirmation that the customer has been billed for the initial payment and future payments have been set up
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