DEALER group JCT600 has become the first retailer to use Lloyds’ new PayFrom Bank product, which aims to provide customers with an easy, secure option when shopping online.
The new functionality forms part of JCT600’s latest ‘Buy Online’ offer, allowing customers to browse, reserve, and buy a vehicle, all totally online and without the need to visit a dealership.
Lloyds Bank has developed PayFrom Bank to help customers make online purchases without the hassle associated with payment cards.
PayFrom Bank removes friction from the checkout process, giving users an option that doesn’t require them to register, input card details, or even share sensitive personal data.
Instead, PayFrom Bank – also known as Lloyds Bank Pay – means a customer can use their own online banking service to make a payment, rather than digging out a credit or debit card, and the purchase amount, reference, and JCT600 account details are all automatically populated, saving the customer valuable time.
Andy Bateman, Director of Customer Experience for JCT600, said: “We’re seeing more and more customers choosing to complete either part or all of their buying journey online. Whether they choose to shop with us in-store, on the JCT600 website, or a mix of both, we’re committed to providing choice and flexibility.
“PayFrom Bank is the perfect option for buyers looking for a safe, convenient, secure way to purchase their next car or van. It’s great to be working with Lloyds on new technology like this, and we’re excited to see our customers taking advantage when choosing their next vehicle.”
Steve Everett, Managing Director Payables and Receivables for Lloyds Bank, said: “We recognise the importance in making the online buying experience as simple, secure, and hassle-free for customers as possible. PayFrom Bank is one of a suite of APIs we have developed to help create friction-free customer journeys and streamline business processes.”
