MotoLease, a provider of financing solutions for the motorcycle and power sports markets, implemented NetSol’s mAccount for mobile payments and processing.

mAccount is a self-service mobile application that allows finance and leasing customers to manage their contracts and gain better visibility and control over payment plans and cycles, while also reducing wait time for inquiries through a chat and email feature. For dealers, the application provides a backend system to directly engage customers, reducing the number of inbound calls and improving turnaround time for repayments.

“We chose to implement NetSol’s NFS mAccount solution to further improve customer service, providing our customers with a convenient way to track and make payments on-the-go, and reduce wait time for their inquiries,” said Emre Ucer, managing partner of MotoLease. “From a business standpoint, the application is expected to help improve cash flow, as customers make timely, verified payments through the application, while reducing our call center costs. It also gives us another channel to inform customers about current and upcoming promotions.”

Along with a dealer locator that helps users find the nearest brick-and-mortar dealerships, NetSol’s NFS mAccount also includes a rule-based promotions capability that allows MotoLease to broadcast targeted promotional campaigns through a geo-fencing capability to segment audiences based on region and other factors.

“NetSol’s NFS mAccount is a powerful mobile application that helps auto finance and leasing companies better engage with customers, while streamlining operations, and saving costs,” said Jeff Bilbrey, president of NetSol North America. “With the adoption by MotoLease of our solution in North America, and additional reference sites throughout the world, we look forward to helping auto captives, equipment captives, banks and other finance and leasing companies – regardless of whether they are a customer of our finance and leasing platform improve productivity, enhance customer engagement, save costs, and power new ways of conducting business.”