Products & Service
PRODUCTS
The iPAY™ product line uses patented technology to help protect its clients assets. These products truly help consumers get positive payment behavior back on track by using positive reinforcement coupled with tough love.
What is
iPAY™?
iPAY™
is a payment protection
system installed in a vehicle to ensure payments are made by the vehicle
operator. iPAY™ provides a
friendly reminder that helps you manage your payments. The
iPAY™ system is safe and does
not pose any safety hazards to the vehicle or its passengers.
How
does iPAY™work?
iPAY™
acts as a starter
interrupt and prevents the vehicle from starting if a payment has not been
made on time. The iPAY advanced system can also locate the vehicle.
Specifically;
a)
Using WEB based software,
the lien holder chooses a starter disable date following the
contract payment due date. This period is known as the acceptable
payment tolerance stage.
b)
If payment hasn’t been
made by the contract payment due date a LED turns from green to a flashing
yellow on the system.
c)
3 days prior to the
starter disable date the system starts blinking red in a sequence of 3
flashes. 2 days prior to the starter disable date the systems blinks
red in a sequence of 2 flashes.
(d)
On the final day, the
system blinks red 1 time coupled with a beep. This is the “0 tolerance
stage” and the vehicle is about to have the starter fully disabled.
e)
Providing the contract
payment has been received prior to the contract due date or the
starter disable date, a code is released into the system and the system
returns to the safe LED green stage until the next contract payment
due date.
Why
is iPAY™ Beneficial?
Our
patented technology has provided hundreds of thousands of people the
opportunity to rebuild their credit. In this fast pace environment, we often
need a reminder to help us prioritize our bills. The iPAY™ system will
assist in developing good payment behavior.
Who
owns iPAY?
TheiPAY™ system is owned and maintained by the lien holder.