Cooperation with future prospects: bezahl.de and Formel1evolution launch digitally together

In June 2023, software provider CARDIS Reynolds and Cologne-based FinTech bezahl.de launched a strategic cooperation and together ensure greater efficiency in the BMW dealer network. CARDIS Reynolds stands for innovative IT software solutions in the automotive sector. With over 40 years of expertise, the traditional company understands the challenges of the industry and is constantly adapting its products to new technologies and requirements. With a common interface, both companies combine their expertise and now offer the opportunity to use the pay.de services directly in FORMULA 1 evolution. Merchants thus benefit from digital and transparent payment processes without an extra application.

With its digital payment management platform bezahl.de, FinTech NX Technologies has been revolutionizing payment processes in German car dealerships since 2018. More than two thirds of the top 100 retailers already rely on the Cologne-based company's innovative services. From digital payment invitations to automated receivables management, bezahl.de covers all payment process steps efficiently and in a modern way using its complete solution.

The core product of NX Technologies, bezahl.de, automates, digitizes and simplifies the entire process from payment request to posting in the financial accounting system. With a market share of around 60% among the 100 largest automotive retail groups, the platform is already an industry standard with its holistic and vertical solution approach. The financing round strengthens NX Technologies' position as the largest provider of modern payment management in the German market, which achieves annual sales of almost 200 billion euros.

As an official payment service provider in the My BMW app, bezahl.de offers car dealerships considerable procedural advantages. At the same time, end customers are provided with a digital and convenient customer journey through a modern payment process. The implementation of bezahl.de is recommended by the manufacturer BMW itself and subsidized accordingly.

“The interface between bezahl.de and FORMEL 1 evolution enables us to seamlessly digitally map payment processes. All features of bezahl.de can thus be used natively in the usual service process, without additional effort for our employees. “, says Dirk Horn, managing director of Autohaus Rolf Horn GmbH.

Participating BMW car dealerships and their customers can benefit from these benefits:

• Everything from a single source: using pay.de services directly in FORMULA 1 evolution
• Benefit from the advantages of both products via a common interface.
• Holistic and fully digital concept: From digital payment invitations to modern payment methods to the initiation of automated receivables management guaranteed bezahl.de a complete solution for car dealerships and customers.