CNH Capital Announces Initiative to Upgrade Point of Sale Technology …
Implemented with FreedomPay to bring real-time insight into credit and promotional opportunities and data security to its dealer network.
Racine, Wis., September 28, 2010 – CNH Capital, the financial services business of CNH Global N.V., is in the process of implementing an upgrade to its dealer revolving account service offering.
The dealer service offering upgrade is enabled by FreeWay™ from FreedomPay, a Software as a Service (SaaS) payment and transaction gateway that joins all areas of payment and transaction processes into a single interface and reporting system. The POS technology enhances the servicing of existing investments in Dealer Management Systems (DMS). FreeWay integrates with Dealer Management Systems currently being used by many of CNH North America’s family of dealers. By implementing this technology, the CNH family of dealers will have real-time ability to access a variety of promotions for their customers, and insight into optional customized programs, also accessible at the point of purchase.
Trysha Stiffler, Division Manager from CNH Capital says, “This upgrade represents a significant advancement to the CNH Capital Commercial Revolving Account product line. We are now able to provide additional benefits to both dealers and customers through the use of a state-of-the-art sales tool accessible online or at the point of sale, all while bringing a high level of data security to our dealers. This initiative represents the implementation of an easy-to-deploy solution yielding benefits to both our dealers and their customers.”
Sam Bellamy, Chief Operating Officer from FreedomPay adds, “The deployment of FreeWay across the CNH dealer network is expected to yield numerous benefits, including secure payment processing and enhanced ability for dealers to provide customers with additional insight into available promotional offerings. We look forward to working with CNH Capital and the CNH family of dealers in the coming months to launch FreeWay.”
FreeWay is certified for use with CNH’s most widely used Dealer Management Systems.
About CNH Capital
CNH Capital, the financial services business of CNH Global N.V. (NYSE: CNH), a majority-owned subsidiary of Fiat Group (FIA:MI), provides a comprehensive range of services, including wholesale and retail financing, leasing, insurance, asset management, and revolving lines of credit, for the global marketplace. Building on more than 50 years’ experience in the equipment finance industry, CNH Capital services a portfolio of more than $18 billion, helping customers through various wholly owned subsidiaries and joint ventures throughout North America, Latin America, Europe and Australia. More information about CNH Capital can be found at www.cnhcapital.com.