Ottu, a prominent FinTech company in the GCC region, has announced a strategic partnership with Keyloop, a well-established provider of automotive retail solutions.
Together the firms aim to offer automotive dealerships an end-to-end, streamlined payment experience that enhances operational efficiency and customer satisfaction, according to FF News.
The partnership is designed to transform how automotive dealerships and their customers handle remote payments.
By integrating Keyloop’s automotive retail platform with Ottu’s payment management capabilities, the partnership seeks to simplify the payment process while ensuring secure and efficient reconciliation for all parties.
Ottu’s platform serves as an online payment gateway management system (OPMS), providing enterprises, including automotive retailers, with tools to manage customer online payments securely.
The platform integrates various online sales channels and payment methods, allowing businesses to connect directly to local payment gateways, supporting payment acceptance through both debit and credit cards.
Keyloop, a trusted player in the automotive sector, is known for its advanced automotive retail solutions. Its composable Automotive Retail Platform, Fusion, allows dealerships to integrate connected products, offering seamless connections across the sales and service lifecycle. Keyloop’s network and expertise in automotive software provide the infrastructure needed for dealerships to remain competitive and improve customer interactions.
Through this partnership, Ottu and Keyloop enable dealerships to leverage multiple payment integration points, including e-commerce, mobile applications, Dealer Management Systems (DMS), and payment links. This unified system reduces friction in the payment process and enhances customer satisfaction by offering a simplified, secure transaction experience that streamlines reconciliation.
Keyloop’s network and advanced automotive platform Fusion complement Ottu’s payment orchestration solutions, equipping dealerships with the digital tools necessary to excel in the increasingly competitive automotive landscape. Together, Ottu and Keyloop aim to establish a new standard for customer experience in the industry.
“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 optimise payment solutions but also set a new standard for customer experience in the industry.”
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