Carwow SmartPay allows buyers to pay for stock sourced through the Carwow platform. With Carwow SmartPay, buyers can quickly fund their wallet and release payments to relevant beneficiaries in just a few steps. Sellers can also settle any negative equity balance through Carwow SmartPay ensuring a seamless payment on the day of collection.
Carwow SmartPay leverages Airwallex (the banking engine behind Carwow SmartPay) to send funds securely through the UK banking network. Airwallex is a regulated business and therefore funds remain secure through the regulatory banking protections.
Who is Airwallex?
Airwallex is a leading fintech company that offers a range of payment solutions. With a focus on efficiency and security, Airwallex enables businesses to manage their finances across borders with ease.
How does Airwallex and Carwow relationship benefit Dealers?
Streamlined Payment Processing: By integrating with Airwallex, buyers can process payments more efficiently, ensuring that transactions are completed quickly and securely.
Enhanced Security: Airwallex uses advanced security measures to protect sensitive financial information and safeguard funds, giving Carwow buyers peace of mind when making transactions.
Improved Car-Buying Experience: With faster processing times, SmartPay enhances the buying experience, making it easier to complete purchases.