F&I data: Auto borrowers like idea of loan payments on Venmo, PayPal

πŸš— Auto borrowers are showing interest in alternative payment options like Venmo and PayPal for loan payments, a March survey reveals. #FIData #PaymentOptions πŸ“±

Majorities or near-majorities of consumers with car loans value alternative payment options such as Venmo and PayPal, calling them ‘important’ or ‘very important’ to have available, according to a March PayNearMe survey.

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https://www.autonews.com/finance-insurance/paynearme-auto-borrowers-venmo-paypal-loan-payments