AAM Group Launches Credit Card Processing Service

The AAM Group has launched a new credit card processing service for the automotive aftermarket called Aftermarket Payments, the group announced.

Provided in partnership with PayJunction, Aftermarket Payments features no start-up, PCI, equipment, authorization, monthly or annual fees of any kind, the AAM Group said, and offers two main service options to qualifying accounts:

  • The Standard option provides a 2.5% rate plus 0.10 transaction fee on card-present transactions.
  • The Cash Discounting option, which passes the cost of accepting cards to customers, sees customers pay a 3% credit card fee, while shops pay only 10 cents for every card-present sale.

Both programs come with a free ZeroTouch Terminal, next-day deposits and PayJunction service.  In addition, Aftermarket Payments integrates with The AAM Group’s Aftermarket Websites platform and supports eCommerce sales.

By A.J. Hecht

A.J. Hecht is the managing editor of THE SHOP and host of the In Gear with THE SHOP podcast. Have an idea, a tip, or a question you’d like to see answered? Contact A.J. at ahecht@cahabamedia.com.