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ServiceUp Introduces InstaPay to Improve Payment Efficiency for Auto Repair Shops
ServiceUp, a leading company in automotive repair technology, announced the launch of InstaPay, a new feature in its platform aimed at expediting payments to auto repair shops. This innovation promises to enhance cash flow and productivity for repair shops by ensuring they receive payments within 24-48 hours post repair completion. InstaPay targets repair shops within ServiceUp’s network, including those working with fleet and insurance clients of the company.
Kunal Rupani, CPO of ServiceUp, emphasized the importance of simplifying the payment process for repair shops, allowing them to concentrate on delivering quality repairs. InstaPay eliminates the traditional waiting period for payments, which can extend up to 60 days, thus facilitating better resource allocation and growth opportunities for repair shops.
Moreover, InstaPay not only benefits repair shops but also enhances the relationship between repair shops, fleets, and insurance customers by ensuring timely payments. Such developments are expected to foster trust and satisfaction across the industry.
ServiceUp positions InstaPay as a pivotal advancement in the automotive repair sector, aiming to mend the conventional payment bottlenecks. Rupani articulates a vision of ongoing innovation within the automotive repair space, with InstaPay marking the beginning of a transformative journey for the industry.
R. P.
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