Neonomics and Car4Sale partner to drive seamless Open Banking payments in the Automotive Industry with Nello Pay

Neonomics
November 7, 2024
November 7, 2024
4 minutes

07.11.2024 - OSLO,NORWAY- Car4Sale, a leading platform for online car sales, is revolutionizing how customers purchase and finance vehicles by integrating Neonomics's Nello Pay open banking solution. Through this strategic partnership, Car4Sale aims to enhance payment security, streamline transactions, and offer a seamless buying experience for its customers across Norway.

Car4Sale simplifies the online car-buying process by integrating Nello Pay’s open banking technology. Customers can now make direct account-to-account (A2A) payments securely using methods like BankID, all within the platform. Open banking is especially beneficial for high-value car transactions, offering faster, more secure, and cost-effective payments without the need for intermediaries.

"Our partnership with Neonomics lets us simplify payments for large purchases all while enhancing security," said Sondre Vikøyr, CEO of Car4Sale. "Given the high transaction amounts in car sales, it's crucial to offer a secure payment method that doesn’t sacrifice ease and simplicity. Nello Pay helps buyers quickly and safely complete transactions directly from their bank account, saving time and reducing administrative hassle."

Neonomics’s open banking payment solution seamlessly integrates into Car4Sale’s platform, meaning users never need to leave the site.

"We're excited to collaborate with Car4Sale and bring the benefits of open banking to their platform,” said Christoffer Andvig, CEO of Neonomics. “Car4Sale shares our commitment to improving customer journeys through technology, and we’re thrilled to support their efforts in transforming how cars are bought and paid for online, without users ever needing to leave their platform to complete a payment. This partnership reflects the growing potential of open banking, and we look forward to exploring even more opportunities in the future.”

This partnership offers customers a simpler, safer way to purchase vehicles and enhances the overall car-buying experience in the digital age.

 

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About Car4Sale

Car4Sale is Norway's largest car brokerage, committed to making car sales easier and more secure through technology and exceptional customer experiences. With some of the country's leading data systems for vehicle sales management, the company continually explores new areas for simplification and efficiency enhancement.

Media Contact Details: 

Sondre Vikøyr, CEO of Car4Sale,  sondre@car4sale.no

 

About Neonomics

Neonomics is an open banking disruptor unifying access to over 2500 banks and 150 million bank customers across Europe via one of the most secure and cost-efficient pure PSD2 API platforms in the market. Founded and headquartered in Oslo, Norway in 2017, the company currently has a growing highly technical team representing 25 different nationalities with close to 40% being female. Authorized by the Norwegian FSA as a licensed payment institution the company is delivering payments initiation and account information services to a wide range of customers spanning FinTechs, payment service providers, banks and more. For more information about Neonomics visit at www.neonomics.io

Media Contact Details:

Tammy Gobel, Marketing @ Neonomics, tgobel@neonomics.io

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Neonomics and Car4Sale partner to drive seamless Open Banking payments in the Automotive Industry with Nello Pay

07.11.2024 - OSLO,NORWAY- Car4Sale, a leading platform for online car sales, is revolutionizing how customers purchase and finance vehicles by integrating Neonomics's Nello Pay open banking solution. Through this strategic partnership, Car4Sale aims to enhance payment security, streamline transactions, and offer a seamless buying experience for its customers across Norway.

Car4Sale simplifies the online car-buying process by integrating Nello Pay’s open banking technology. Customers can now make direct account-to-account (A2A) payments securely using methods like BankID, all within the platform. Open banking is especially beneficial for high-value car transactions, offering faster, more secure, and cost-effective payments without the need for intermediaries.

"Our partnership with Neonomics lets us simplify payments for large purchases all while enhancing security," said Sondre Vikøyr, CEO of Car4Sale. "Given the high transaction amounts in car sales, it's crucial to offer a secure payment method that doesn’t sacrifice ease and simplicity. Nello Pay helps buyers quickly and safely complete transactions directly from their bank account, saving time and reducing administrative hassle."

Neonomics’s open banking payment solution seamlessly integrates into Car4Sale’s platform, meaning users never need to leave the site.

"We're excited to collaborate with Car4Sale and bring the benefits of open banking to their platform,” said Christoffer Andvig, CEO of Neonomics. “Car4Sale shares our commitment to improving customer journeys through technology, and we’re thrilled to support their efforts in transforming how cars are bought and paid for online, without users ever needing to leave their platform to complete a payment. This partnership reflects the growing potential of open banking, and we look forward to exploring even more opportunities in the future.”

This partnership offers customers a simpler, safer way to purchase vehicles and enhances the overall car-buying experience in the digital age.

 

###

About Car4Sale

Car4Sale is Norway's largest car brokerage, committed to making car sales easier and more secure through technology and exceptional customer experiences. With some of the country's leading data systems for vehicle sales management, the company continually explores new areas for simplification and efficiency enhancement.

Media Contact Details: 

Sondre Vikøyr, CEO of Car4Sale,  sondre@car4sale.no

 

About Neonomics

Neonomics is an open banking disruptor unifying access to over 2500 banks and 150 million bank customers across Europe via one of the most secure and cost-efficient pure PSD2 API platforms in the market. Founded and headquartered in Oslo, Norway in 2017, the company currently has a growing highly technical team representing 25 different nationalities with close to 40% being female. Authorized by the Norwegian FSA as a licensed payment institution the company is delivering payments initiation and account information services to a wide range of customers spanning FinTechs, payment service providers, banks and more. For more information about Neonomics visit at www.neonomics.io

Media Contact Details:

Tammy Gobel, Marketing @ Neonomics, tgobel@neonomics.io

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Neonomics AS is licensed as a Payment Institution (PI), Payment Initiation Service Provider (PISP) and Account Information Service Provider (AISP), issued by the Norwegian Financial Supervisory Authority (Finanstilsynet) passported across the EU.
Swiss Approval Certificate ISO 27001:2022 for Neonomics AS