BlytzPay and PassTime said they’re responding to the changing risk management and technical landscapes faced by buy-here, pay-here dealerships.

Their action is a strategic partnership to provide operators with advanced tools for effective cash flow and revenue management.

The partnership between BlytzPay, a provider in payments and communication solutions, and PassTime, a provider of advanced asset tracking, represents “a new standard of innovation and efficiency and compliance,” according to the companies.

BlytzPay and PassTime highlighted their combined technology will ensure customers have simple, easy and compliant ways to make their monthly payment so they can stay on the road and auto dealers have a way to offer financing and manage risk.

The companies pointed out the partnership offers numerous advantages. including:

—Unified payment experience: By combining PassTime’s GPS risk management technology and vehicle management with BlytzPay’s advanced payment and communication platform, customers can enjoy a familiar payment process without the hassle of navigating multiple systems.

—Two-way dealer interactions: The partnership facilitates immediate communication between customers and dealers, allowing for swift issue resolution and enhancing customer support and dealer responsiveness.

—Proactive engagement: Payment links are sent automatically to notify a customer of their delinquent status, preventing the escalation of payment issues. This allows for easy, compliant customer self-service without a need for communication with the dealer.

—Streamlined for at-risk customers: Customers can make their payments in an easy-to-use platform, using the same payment methods anytime, anywhere, simplifying the process for users to stay current and manage their auto loan obligations.

—Real-time data integration: Direct integration between BlytzPay and PassTime eliminates the need for multiple handoffs between systems that can enhance compliance risk.

“This partnership represents a significant step forward in the BHPH sector,” BlytzPay CEO and founder Robyn Burkinshaw said in a news release. “By combining our expertise with PassTime’s innovative technology, we can provide dealers and their customers with a seamless payment experience that meets their evolving needs.”

PassTime president and COO, Chris Macheca added, “We are excited to have BlytzPay joining our integration network. The partnership will greatly benefit our mutual customers, from both a payment processing and asset tracking perspective. The company’s focus on innovative solutions aligns perfectly with our own.”

For more information about the BlytzPay and PassTime partnership, visit www.blytzpay.com or www.passtimegps.com.