Car dealers really love instant payouts.

Car dealers are a great match for open banking payouts. When you are purchasing a car to sell on your floor, you can offer the sellers an instant, secure and automatic payout.

Finshark’s payouts, built on open banking technique, are cheaper than card payouts, handle larger amounts than Swish, and are faster than a regular bank transfer. They also require less manual work than all of them!

For many people, buying and selling cars means handling large transactions. Don’t let them worry about their money getting lost. When a payout is instant, the seller will receive the money in their bank account, the second you close the deal.

Don’t risk mishaps with human errors and minimize potential fraud. When the seller requests a payout, she also authorizes with a Strong Customer Authentication (SCA) like BankID, and selects her account. No copy/pasting or manually inputting account numbers. What’s more, Finshark’s payouts always include validating the recipient account and a real-time Transaction Risk Analysis.

Your customers are going to love the digital experience of open banking.  Increase conversions and save money in the process!