Providing fast, simple and secure payment options is important for both our buyers and sellers. It improves the buyer experience and allows them to more easily purchase vehicles. That’s why I’m excited to announce the launch of the Payit™ online payment solution in the UK. I’ll provide more details about Payit in this newsletter.
I’m also happy to welcome Mark Bishop as our new Transport Manager. He brings over two decades of experience in the industry, and his addition represents further investment in our UK logistics expansion.
Payit™ Now Available in the UK
We’ve partnered with NatWest to offer Payit, a fast, simple and secure online payment solution that uses the UK’s open-source banking system. We have safely integrated Payit into the buyers account view (Auction Centre) on the IAA AuctionNow™ platform, helping our buying customers checkout faster and without payment limits. Buyers are now able to transfer funds within minutes using desktop, laptop, mobile or tablet devices, allowing payments to be cleared within minutes.
With Payit, buyers can access purchased vehicles faster, as gate pass and bill of sale will be immediately available in Auction Centre.
The recruitment of Mark Bishop as UK Transport Manager is the most recent in a series of appointment to the senior leadership team. Mark has a strong track record of delivering change, efficiencies and business improvement in the UK logistics industry.
Mark’s addition markedly improves IAA’s transport capacity and logistics capability in the country. He will help build upon our investments in our expanded transportation fleet and the INFORM Transport Management System that were made in recent months.
We are very excited to welcome Mark to the IAA team, and we look forward to his contributions in his new role.
New Head Office Update
Plans for our new UK headquarters are advancing nicely. The cabling infrastructure has been finalised, and the furniture is on order. We look forward to welcoming you to our new offices this summer and showing you how IAA can help you achieve better salvage returns.
That’s all from me for now. I will be providing more updates in the near future.