The Industry's Leading Source For F&I, Sales And Technology

DP's Office

DealerSocket Adds LenderPay Integration to FEX DMS

June 29, 2016

SAN CLEMENTE, Calif. — DealerSocket’s FEX DMS is now fully integrated with ProPay’s LenderPay platform. The partnership, the company stated, will allow FEX users to select the credit processor that best fits their dealership’s unique needs.

“Dealers who take advantage of this integration will benefit from significantly lower, transparent merchant card processing fees, as well as convenience fee option for those who want to eliminate the cost of card processing,” said Cameron Darby, COO at DealerSocket. “In addition, dealers can now accept credit cards, debit cards and electronic bank transfers without ever leaving the DealerSocket platform.”

The platform, according to the company, is fully compliant with Payment Card Industry Data Security Standards (PCIDSS). Dealers can enroll in the platform with one click and immediately start taking payments through ProPay, according to the company.

The ProPay LenderPay integration is available for FEX DMS users and will be integrated into DealerSocket’s new iDMS when it’s released this year.

Your Comment

Please note that comments may be moderated. 
Leave this field empty:
Your Name:  
Your Email:  



OP-ED: NADA Chairman Calls on Dealers to Rally Behind CFPB-Reform Bill

Introduced in March, U.S. Senate Bill 2663 aims to repeal the bureau's March 2013 guidance on dealer participation and add a few more steps to the regulator's guidance-writing activities. In an op-ed piece posted on the NADA's website, Chairman Jeff Carlson offers his thoughts on the legislation and explains why dealers need to rally behind it.