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Ottu and Keyloop Introduce Integrated Payment Solution for Automotive Retailers

November 07, 2024
2 Min Reads

Keyloop, a reputable supplier of automotive retail solutions, and Ottu, a well-known FinTech business in the GCC, have announced a strategic alliance.

According to FF News, the companies' joint goal is to provide car dealerships with a seamless, end-to-end payment experience that boosts customer happiness and operational effectiveness.

 

The goal of the collaboration is to revolutionize remote payment processing for auto dealerships and their clients.

 

The alliance aims to streamline the payment process while guaranteeing safe and effective reconciliation for all stakeholders by combining Ottu's payment management capabilities with Keyloop's automotive retail platform.

 

As an online payment gateway management system (OPMS), Ottu's platform gives businesses—including car dealers—the means to safely handle consumer online payments.

 

Businesses may connect directly to local payment gateways and take payments using both debit and credit cards thanks to the platform's integration of many online sales channels and payment methods.

 

A reputable company in the automobile industry, Keyloop is well-known for its cutting-edge retail automotive solutions. Dealerships may integrate connected goods using its decomposable Automotive Retail Platform, Fusion, which provides smooth connectivity across the sales and service lifecycle. Keyloop's automotive software expertise and network give dealerships the infrastructure they need to stay competitive and enhance customer experiences.

 

Dealerships may take use of a variety of payment connection points through this relationship between Ottu and Keyloop, including e-commerce, mobile applications, Dealer Management Systems (DMS), and payment linkages. By providing a straightforward, safe transaction experience that expedites reconciliation, this unified solution lowers payment process friction and raises customer satisfaction.

 

Ottu's payment orchestration solutions are enhanced by Keyloop's network and cutting-edge automotive platform Fusion, giving dealerships the digital resources they need to succeed in the fiercely competitive automotive market. Ottu and Keyloop are working together to set a new industry standard for customer experience.

 

Munaf Bukhari, DCEO of Ottu, stated, "We are excited to collaborate with Keyloop, a business that shares our vision of fostering innovation and fintech efficiency in the automotive sector." "In addition to optimizing payment solutions, our collaboration will establish a new benchmark for the industry's customer experience."

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