PayToo, Grand Prix Motors partner to provide credit access to unbanked

paytooPayToo and Grand Prix Motors recently announced a planned partnership to provide unbanked customers in the U.S. with auto financing and leasing through the PayToo digital wallet.

Grand Prix Motors will provide the financing and auto leasing, while PayToo’s payroll direct deposit option will allow users to put their paychecks directly into the mobile wallet, International Business Times reports.

“With so many out of reach products and services for unbanked consumers, businesses miss out on reaching this important market,” PayToo CEO Michel Poignant said, according to International Business Times. “Working as a PayToo partner, we help businesses such as Grand Prix Motors expand their target market and increase their revenues by reaching these previously underserved consumers.”

Customers are able to visit Grand Prix’s website and gain access to auto financing and leasing without visiting a dealership.

“At Grand Prix Motors we offer significantly lower price for new vehicles then any dealership and 100% guaranteed financing approval to all our customers,” Grand Prix Motors President Gary Gelman said, International Business Times reports. “If you cannot make it to one of our locations we will even deliver your new car to your door.”

Grand Prix Motors was founded in 1997 and is one of the fastest growing car companies in the New York area, with dealerships in Florida and Pennsylvania specializing in leasing, sales and trade-ins of new and used vehicles.

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