MURRIETA, Calif. — Payment assurance technology provider Sekurus Inc., manufacturer of the ON TIME starter interrupt device, has announced the launch of ON TIME FLEX XL, an upgraded version of the ON TIME FLEX payment system.

"ON TIME FLEX software has been so well-received that we immediately began embarking on new ways to broaden its range of offerings," said Mike Simon, founder of Sekurus. "ON TIME FLEX XL successfully leverages GPS technology to further empower the user and offers even greater protection during a payment schedule. By being able to immediately locate assets throughout the process, ON TIME FLEX XL provides financial institutions and dealers with the opportunity to offer an even greater choice of higher end vehicles to credit challenged customers."

By combining the latest in GPS technology with the ability to wirelessly change a customer's payment schedules, the company hopes that ON TIME FLEX XL will enable financial institutions and car dealerships to instantaneously locate assets when a grace period has ended or an emergency code has been used. As with the original software, ON TIME FLEX XL was designed to allow for wireless changes to payment terms and further streamline the overall payment experience for finance institutions, car dealerships and credit-challenged customers.