DealerSocket’s FEX DMS has added to independent dealers’ payment processing options by fully integrating with ProPay’s LenderPay platform, a credit processing platform for complete, end-to-end payment solutions that are designed to be simple, secure and affordable.
The company highlighted 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,” DealerSocket chief operating officer Cameron Darby said.
“In addition, dealers can now accept credit cards, debit cards and electronic bank transfers without ever leaving the DealerSocket platform,” Darby continued.
Darby went on to mention 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.
“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.
Dealers who want more information on ProPay, including how to start using it at their store, can a DealerSocket representative at (866) 701-4393 or online at .