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Quotepro launches bill payment kiosk for car dealerships

Payment technology company Quotepro has launched a new bill payment kiosk for buy-here-pay-here automobile dealers. Customers will be able to use the kiosk for loan payments, down payments and insurance premium payments.

February 29, 2016

Payment technology company Quotepro has launched a new bill payment kiosk for buy-here-pay-here automobile dealers. Customers will be able to use the kiosk for loan payments, down payments and insurance premium payments, according to the press release.

The kiosk acts as an ATM and can be customized for each dealership's accounting system. "Cash is extremely difficult to control. Even with strong systems, it was a consistent frustration," said Eddie Hale, general manager, Neighborhood Autos "Now, all the cash is counted and boxed for us. We never even touch it, and an armored vehicle picks it up at the end of each day. We receive a report to reconcile with our statements, so our role is just bookkeeping now. Thanks to these kiosks, 100 percent of our cash management issues have been eliminated."

The kiosk is designed to provide the following benefits to dealerships:

• Increases traffic to store;
• Provides continuous service during hours;
• Helps prevent cashier mistakes;
• Saves time for employees; and
• Reduces risk of counterfeiting.

"These kiosks save dealers thousands of dollars each month by eliminating the overhead and risks normally associated with cash payments," said Marco Freudman, president of Quotepro. "In addition, each kiosk is equipped with the same comparative rating technology Quotepro provides in the F&I office through its DMS integrations. The Quotepro software offers up to six insurance quotes from trusted local agencies who personally serve buy-here-pay-here customers, rather than selling the leads to a third party. Whether in the F&I office or at the kiosk, buyers can sign up for quality car insurance within minutes."

The kiosks are available in all 50 states, and the company plans to add additional features to allow the kiosk to accept payments for municipalities, utilities, cell phone companies and cable companies, according to the release.