AutoPayPlus’ financial payment platform will be a customer of Alviere’s embedded financial services.
Headquartered in Orlando, Florida, AutoPayPlus offers automated biweekly and early loan payoff services for RV, automotive and other consumer loans.
AutoPayPlus provides buyers enrolled in its automated loan payment service with a prepaid promotional debit card that can be used exclusively at the selling dealership’s service department. The new card offers AutoPayPlus dealership partners the added advantage of a new dealer loyalty program, the company stated.
“AutoPayPlus is another example of how Alviere’s embedded financial services platform can help brands transform relationships with consumers from one-dimensional single events into continuous, long-term, deep, value-driven connections,” said Yuval Brisker, Alviere co-founder and CEO.
Since 2003, AutoPayPlus enrolled more than 250,000 members and processed more than $5.65 billion in loan payments, primarily through the automotive industry.
“Alviere enables AutoPayPlus to transition from being a valuable resource in helping dealers close a one-off purchase into a trusted partner that can now offer the opportunity for dealers to create long-term relationships that are critical to driving repeat business,” said Robert M. Steenbergh, AutoPayPlus founder and CEO. “And now every dealer partner can send buyers home with a card in their pocket that lets dealers send offers that will bring car buyers back to the dealership for deals and offers long after the buyer drives off the lot.”
