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Ottu Announces Strategic Partnership With Keyloop To Revolutionize Automotive Dealers Digital Payments
Ottu, a leading fintech company in the GCC, announces its strategic partnership with Keyloop, a leading provider of automotive retail solutions. Ottu, in collaboration with Keyloop, promises to deliver a convenient, end-to-end, seamless payment experience.
Ottu is an online payment gateway management system (OPMS) that empowers enterprises and automotive retailers to securely manage consumer online payments. The solution integrates multiple online sales channels and payment methods, allowing retailers to connect directly to payment gateways provided by their local banks, and enabling the acceptance of online payments via debit and credit cards.
The partnership with Keyloop will enhance Ottu’s expertise in dealership payment management through an incorporated and secure payment gateway. It permits clients to restructure payment processes, reduce friction, and enhance customer satisfaction.
The partnership aims to transform the way dealerships and customers handle remote payments. This integration addresses a pressing need for easy end-to-end reconciliation and simplifying the payment transaction process for all parties involved.
This solution offers automotive retailers multiple payment integration points, including e-commerce, mobile applications, DMS, and payment links, ensuring streamlined reconciliation.
“We are thrilled to join forces with Keyloop, a company that shares our vision of driving innovation and fintech efficiency in the automotive sector,” said Munaf Bukhari DCEO of Ottu. “Our partnership will not only optimize payment solutions but also set a new standard for customer experience in the industry.
Keyloop’s extensive network, deep automotive expertise, and connected product capabilities through their composable Automotive Retail Platform, Fusion, combine seamlessly with Ottu’s robust payment orchestration. Together, they deliver a unique solution that equips dealerships with the tools they need to excel in today’s automotive landscape.
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The Rise of Private Credit and the Need for Flexible Loan Servicing
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88% of UK Customers Would Switch Banks Due to Financial Crime Failures, ThetaRay Report Finds
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Mifundo, a pan-European credit data platform, has integrated credit data from Equifax BoaVista, subsidiary of Equifax Inc. in Brazil, enabling European banks to access verified Brazilian credit information as part of their credit assessment processes.
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