Bumper and Keyloop launch major enhancement to DMS payment integration

Bumper and Keyloop have launched the next phase of their integration by adding all payment types and automatic payment reconciliation for dealers.

Bumper’s suite of digital payment solutions is included in the enhanced integration. Pay by link, payments made on the customers’ device via SMS or email; Pay by bank, an account-to-account open banking payment method; PayLater, interest-free monthly payments; and PayPads, the all-in-one point-of-sale device bringing together all payment types in a familiar mobile terminal.

Increased payment flexibility at the checkout improves customer satisfaction and retention. A survey of Bumper customers found 90% would return to the same dealership because Bumper was offered as a payment option and 89% said they felt less stressed.

This new solution is a major leap forward for retailers with reconciled payments within the Keyloop platform. Designed specifically for Keyloop’s dealer management systems, automated payment reconciliation saves all areas of the business time, from the advisors in the workshop to accounts teams in the back office.

Payments automatically reconciled across all systems mean advisors no longer need to switch between platforms, minimising the risk of miskeyed information and improving efficiency. Currently available in the UK, further payment enhancements will be rolled out across Spain, Germany, and the Netherlands in the coming months.

Bumper Co-Founder and CCO, Jack Allman, said, "This integration marks a major milestone in our mission to simplify and enhance the payment process for automotive retailers. We're excited to bring these advanced capabilities to Keyloop's network, driving greater efficiency and customer satisfaction."

Sebastien Fabri, Partner Director at Keyloop said, “The new enhancement to the Bumper-Keyloop integration marks a significant step towards full digitalisation of payments and reconciliation in the automotive space. Consumers today demand flexible options at the checkout and Bumper affords them this opportunity. Whether that’s Buy Now Pay Later, paying remotely via link, open banking, or instore on the PayPad, this integration is an essential tool for any customer-centric dealer.”

For more information on how the Bumper Keyloop integration can transform your dealership contact sales@bumper.co