Solid Technology Measurable results
SekurPay is an M2M asset management solution that's both scalable and reliable with a full loan, Payment and contract management facility. Ready-to-use web interface, and also provide an API that can be used to seamlessly integrate with DMS, Core Banking, ERP, CRM and contract management system.
Ready-to-use web interface, and also provide an API you can use to seamlessly integrate with DMS, core banking, ERP, CRM and contract management system.
Reduce your collection costs with SekurPay Asset Management Solution
At a time when providing automotive financing is riskier than ever and approximately 30% of sub-prime loans require collection activities, reducing payment defaults and related collection costs is the only way to keep your profits healthy. Sekurus -SekurPay payment protection is your solution.
Now you can interact with a vehicle remotely using satellite and wireless networks and the SekurPay password-secured, web-based application.
- Our payment protection system can be embedded in a vehicle in as little as 15 minutes once the asset management solution is installed, you can use the Warn feature to remind the driver that a payment is overdue.
- If no payments are made even after disabling a vehicle, the GPS can locate a vehicle in just a few seconds for repossession if needed.
Drivers cannot remove the SekurPay device without your knowledge, because a Power Loss Alert is sent to you immediately if the power supply is removed by tampering and the Vehicle is disabled.
As about our “SekurGateway” our Tamper proof wireless relay
SekurPay is the tool your collection agents need to increase their effectiveness
Just contact the vehicle's GPS monitoring device via wireless network, then use the "dashboard" application to observe location, send commands and more.
SekurPay a small vehicle-embedded device, so it can be discretely located on the vehicle. Protected by a rugged casing able to stand up to the harsh automotive environment, the GPS locator device consumes very little power, so there is minimal drain even on well-worn vehicle batteries. The device features wireless GPS monitoring and a starter interrupter which can disable a vehicle or re-enable it, plus an emergency by-Start code available via the clients Mobile App, Clients web login and IVR, so a driver can use the code to start the vehicle should it be disabled out of coverage range with accordance with the lenders policy.
You access the full loan portfolio of each client or each vehicle or group of vehicles remotely in real time through a web-based "application" accessible on any web-enabled computer or mobile device. Including a full management mobile installed App. This monitoring software lets you manage the loans and manipulate vehicle activities using wireless networks and a password-secured application.
The application allows you to locate any vehicle in a few seconds and send commands to each vehicle satellite location at any time. You and other staff members can also receive alerts via email or instant text messages on exceptional behavior which may require intervention, so that you can respond immediately. Finally, the monitoring software lets you save time by scheduling alerts (for example, Insurance renewal and validation, registration renewal and validation), minimizing the need to re-input repetitive commands.
SekurPay connects to the largest private network of carriers serving the fleet management market for the highest probability of seamless connectivity. This GSM/GPRS quad band wireless coverage with a full roaming management layer without the Roaming cost ensures the best results for lenders who want to constantly connect with their assets protection and security purposes.
- Perimeter-based alerts – Receive alerts when a vehicle enters or leaves a zone marked out by you. You can "geo-fence" a vehicle by designating keep-in or keep-out zones. Zones can be a small as a garage or lot, or as big as a country, to trigger cross-border violations.
- Network Presence Indicator - Displays which vehicles have connected to the network within the last 24 hours and their locations – no need to perform a locate command
- Power loss alert - A critical alarm when the power supply is suddenly removed by tampering with the device – an indicator of theft risk.
- Battery low voltage alert - Prompts an alert if a vehicle's battery is below its effective power capacity.
- Mileage threshold alert – Set predefined mileage alerts to prompt vehicle maintenance reminders and help maintain the value of the asset.
Optimizing Sub-Prime Auto Finance Payment Collections
Learn new collection strategies that emphasize customer satisfaction and automation with a positive impact on your bottom line.
See how to leverage the latest and best collection solution to:
- Increase cash flow with more "on-time" payments
- Reduce your risk of "skips"
- Cut the number of loan defaults
- Enable more efficient collection personnel
Make money from the riskiest BHPH customers
SekurPay lowers your risk, cuts your collection costs and increases your cash flow. It will help your Buy Here Pay Here business succeed!
SekurPay Payment Protection can help your business succeed
- Reduces skips by 33%
- Increase cash flow by 29-38%
- Decreases repossessions by 13%
- Drop delinquencies from 27% to 2%
- Cuts delinquencies and repossessions from 15% to 2%
- Boosts on-time payments
Right now providing BHPH financing is riskier than ever. Maybe one-third of your high-risk car loan customers are going to have to be chased for payments.
As a Buy Here Pay Here dealer, you need Payment Protection solution that manages your loan contracts that can ensure you make money even from the riskiest BHPH customers with capability to locate your asset when needed. Install our SekurPay in every car you lease or sell and you'll enjoy more on-time payments and therefore increased cash flow, fewer repossessions and greater profits.
A small vehicle-embedded device, so it can be discretely located on the vehicle. Protected by a rugged casing able to stand up to the harsh automotive environment, the GPS locator device consumes very little power, so there is minimal drain even on well-worn vehicle batteries. The device features wireless GPS monitoring and a starter interrupter which can disable a vehicle or re-enable it, plus an emergency by-Start code available via the clients Mobile App, Clients web login and IVR, so a driver can use the code to start the vehicle should it be disabled out of coverage range with accordance with the lenders policy.
A payment trigger exists for every payment that is due. At the time of setting the payment schedule with in the contract module of the SekurPay GPS (SU505L) Payment Assurance Solution The system releases an automated new trigger if a payment has not been made.
A reminder is send to the client via a number of delivery channel 4days before the payments due date.
The trigger is received by SekurPay-GPS (SU505L) and the vehicle is disabled. Before any payment due date is reached the solution reminds the customer via a number of delivery channel including the clients mobile app that the payment is due and if payment is not received within X number of days the vehicle will be disabled.
If the vehicle is disabled then SekurPay-GPS (SU505L) provides the facility to locate the whereabouts of the vehicle if recovery is required.
Our BHPH system helps you avoid late payments:
- Once the system is installed, you can use the Warn feature to remind the driver that their payment is overdue.
- An automated reminder is send to the client via a number of delivery channel 4days before the payments due date.
- The System will automatically disable vehicles when their late payment goes past a "grace period", by remotely disabling the vehicle.
- The System will automatically re-activate the vehicles after payment has been made
- You can also locate cars for recovery, if necessary
Now you have the power to ensure that car won't start until they pay up!
Our car Payment protection system can be embedded in a vehicle in as little as 15 minutes. It lets you interact with the vehicle remotely from anywhere, using our Mobile APP or any computer with Internet access.
SekurPay GPS (SU505L) payment protection significantly reduces the rate of skips and repossessions, saving you time and money. If repossession does become necessary, SekurPay GPS (SU505L) will help you cut repossession costs by disabling and locating the vehicle and send the location to your recovery personal right from out application using the recovery tools.
Overall, SekurPay payment protection system lowers your risk when giving credit, cuts your collection costs and increases your cash flow. It will help your Buy Here Pay Here business succeed!