Instant Bank Transfers for
the Motor Trade with same
day settlements

Card payments are commonplace in the motor trade; most traders will have an agreement with a card processor to handle debit and credit card payments, but when it comes to bank transfers it’s usually a manual process where bank details are passed to the customer and ‘finance’ then confirming that the money has arrived before the vehicle is released

How it works

The GlobalCharge payment platform helps speed up the sales process, reducing uncertainty and the risk of fraud by bringing the process up-to-date.
The platform has been carefully crafted to suit the needs of busy vehicle sales operations. Sales staff use a simple web page (right) to enter the amount required and the customer's details which triggers a link to be sent to the customer for payment.

“Have the funds been sent?”

The customer follows the link launching their mobile banking app which is prepopulated with your details - as soon as the funds are sent, the salesperson is notified by text or email; avoiding the need to call the finance team. Notifications can be sent to multiple team members. Funds are settled to your bank immediately in the normal way.

Simple to Sign-up and manage

Your customers are not required to sign up

A simple sign-up process and management portal provides you with all the information you need to keep on top of your bank payments.
The system is an effective way to collect deposits and pay for vehicles and can be used on web pages as a means of payment to reserve a vehicle. Links can be created and added to invoices too, ideal for vehicle workshop payments.
GlobalCharge’s secure ‘token based’ system all but eliminates the chance of misdirected payments either through error or fraud.

Eliminate ‘Man in the middle attacks and fraud

Security is a key component of Open Banking.

FCA compliant payment flows mean the consumer connects directly with their bank app.
No sensitive financial data is entered or shared.
No chargebacks and also no charges for failed transactions.

See how we compare

	GlobalCharge	Other Open Banking providers	Credit Card
Low transaction fees
Streamlined 2-tap user journey
Subscription payments supported
Extended global coverage
Fully automated payment reconciliation
Simple one API integration
Zero chargebacks

Use Cases

iGaming

No spend limits. Real time deposits and instant withdrawals.

Games

Lower transaction cost on all in game purchases - plus instant payments.

Dating

Open Banking and dating - a perfect match!! Increase conversions with streamlined 2 tap checkout flows.

E-Commerce

Worldwide integrations provide global reach and localisation out of the box.

The integration with GlobalCharge was one of the simplest and most straightforward that we’ve ever undertaken and best of all, it has enabled us to fully automate the process of accepting direct bank deposits into our systems.

Duncan Cunningham

Director at The Dating Lab

Instant Bank Transfers for the Motor Trade with same day settlements