PYMNTS-MonitorEdge-May-2024

Global Payments To Power Hyundai Connected Car Pay

Global Payments, a provider of payment technology services around the world, announced Wednesday (May 31) it inked an agreement with Hyundai Motor U.K. to provide payment technology services to Hyundai Motor U.K.’s online car buying platform, Click To Buy.

In a press release, Global Payments said Click To Buy is the first car buying platform where customers nationwide have the opportunity to buy a car from any participating Hyundai Dealership in the U.K., all from their computer or mobile device.

“One of the last areas of retail to embrace true online shopping has been car sales,” said Nigel Hyslop, president and managing director U.K., Global Payments, in the press release. “Ecommerce has changed the way we shop, and the online car buying experience provided by Hyundai’s Click To Buy is transformational to this industry. This software-enabled technology allows customers to now have more choice in how and when they can purchase a car.”

According to Global Payments, the number of new cars sold and registered in the U.K. hit an all-time high in 2016, marking the fifth year in a row that sales of cars increased. Click To Buy changes the way customers can buy new cars by providing them with more choice. The eCommerce solution provides an enhanced customer experience and allows the customers to complete the entire car buying experience from their own home. Enabled by Global Payments, Hyundai Motor U.K. now offers online card payment solutions on their Click To Buy platform.

“Click To Buy is an industry first developed by Hyundai in-house, and it aims to make the car buying process easier and more transparent than ever before,” commented Tony Whitehorn, president and CEO, Hyundai Motor U.K. Ltd., in the same press release. “Consumers today demand choice and simplicity; they already expect to be able to buy a car in the same way that they’d be able to purchase their clothes or electrical goods online. This is a pivotal time for the car industry, and I’m delighted that we are leading the way and we will continue to innovate within this space moving forward.”

PYMNTS-MonitorEdge-May-2024