Ron Lamb, President, Reynolds and Reynolds
This week, the Reynolds and Reynolds Company announced an agreement with Global Payments Inc. to offer point-of-sale, electronic payment solutions for automotive dealerships. Reynolds is recognized as a leading provider of automobile dealership software, services, and forms while Global Payments is known as one of the largest worldwide providers of payment solutions.
As part of the agreement between the two companies, Reynolds will add Global Payments’ technology across its software solutions, including its Retail Management System to deliver secure, cost-effective, and efficient electronic payment solutions in-store, online, and on mobile devices.
“Consumers today expect their experience with the dealership to mirror their experiences with other retailers,” said Ron Lamb, President of Reynolds and Reynolds.
“That expectation applies whether the consumer is browsing the dealer’s website or paying for service at the dealership. To meet those expectations, dealers are looking for the tools that support a familiar shopping experience for consumers. Certainly, one of those tools is secure, efficient payment processing with the dealership.”
Lamb noted that adding payment technology will also deliver a number of productivity benefits for dealership personnel, in addition to the consumer benefits.
“This partnership demonstrates the strength of Global Payments’ distribution, combined with a differentiated service offering,” stated Eddie Myers, President of Global Payments’ Integrated Solutions division. “Our ability to provide a breadth of integrated payment processing products and services is ideally suited to meet the needs of automotive dealerships, especially when combined with the strength of Reynolds’ other technology offerings. We continue to expand our technology channel across different vertical markets and segments.”
Lamb concluded: “As we looked for payment processing solution partners, we looked for companies that shared our vision for the consumer experience, security, and advanced technology. We found this in Global Payments, as well as a company with deep experience in their industry. Adding this technology is one more step for Reynolds in helping dealers improve how their businesses operate and how they deliver a true retail experience to their customers.”
